G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14745
DP14745 Optimal Checks and Balances Under Policy Uncertainty
Gabriele Gratton; Massimo Morelli
发表日期2020-05-11
出版年2020
语种英语
摘要Political checks and balances are certainly among the most debated desiderata in the construction of democratic systems and their evaluation. This paper suggests a conceptual framework that could be useful to inform this debate. We propose a model where the pros and cons of a strengthening of checks and balances are respectively the reduction of type-I errors and the increase of potential type-II errors in policy decision-making. Checks and balances are less desirable for intermediate levels of competence of the political class and more desirable when the bureaucracy is slower or when the political system involves frequent turnover, and in policy areas where the welfare effects of a reform are harder to evaluate and effective accountability is low.
主题Public Economics
关键词Checks and balances Information Uncertain policy quality Effective accountability
URLhttps://cepr.org/publications/dp14745
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/543669
推荐引用方式
GB/T 7714
Gabriele Gratton,Massimo Morelli. DP14745 Optimal Checks and Balances Under Policy Uncertainty. 2020.
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