Three Essays on the Political Economy of Public Policy

Three Essays on the Political Economy of Public Policy PDF Author: Suphachol Suphachalasai
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ISBN:
Category :
Languages : en
Pages :

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Three Essays in Political Economy and Public Policy

Three Essays in Political Economy and Public Policy PDF Author: Sanny Xiao Yang Liao
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ISBN:
Category :
Languages : en
Pages : 180

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Chapter 1: In the last two decades, public agencies have started to include performance pay into their compensation structure. Using a survey data of all law enforcement agencies in the Unites States, this chapter investigates: (1) if the adoption of performance pay by agencies affected their ability to fight crime and (2) whether agencies responded to performance pay adoption by shifting their policing strategies to game the change? We find that despite increases in the pay gap, performance pay adoption resulted in no change in the police's ability to fight crime. We find little evidence that adopting agencies attempted to game the incentive structure by shifting efforts away from less profitable tasks. Chapter 2: There has been much debate over whether interest groups act as ideologues or investor when they contribute to candidates. In a seminal work, Snyder (1990) finds that economic interest groups behave as investors and there is a one to one correlation between candidates' share of contribution from economic interest groups and their probability of winning. This chapter expands on Snyder's work by proposing a new strategy to empirically identify investor interest groups, that is, by examining whether an interest group has ever given to competing parties in a race, we call this group "diversifiers". We find that there is indeed a significant correlation between diversifier contribution share and election outcome. Furthermore, the correlation between diversifiers contribution share to date and election outcome remains significant as early as approximately 48 weeks before election day. Chapter 3: Participation of interest groups in public policy making is ubiquitous and unavoidable. In this final chapter, we try to understand the mechanisms through which interest groups attempt to influence the implementation of public policies from an Institutional Economics perspective. We recognize that while it is legislatures that enact and supervise statures, it is often bureaucracies that implement policies. We survey a collection of papers that analyze how the vast power invested in bureaucracies influence the strategic choice of interest group in means to exert influence - buying, lobbying and suing. We further generalize our analysis to understand how differences in the institutional environment impact the role of interest groups in public policy making.

Three Essays on the Political Economy of Fiscal Policy

Three Essays on the Political Economy of Fiscal Policy PDF Author: Sheraz Rajput
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Category :
Languages : en
Pages :

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The Political Economy of Monetary Policy

The Political Economy of Monetary Policy PDF Author: Kevin Blaine Grier
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Category : Monetary policy
Languages : en
Pages : 198

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The Political Economy of Monetary Policy

The Political Economy of Monetary Policy PDF Author: Kevin Blaine Grier
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Category :
Languages : en
Pages : 99

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Three Essays in Political Economy

Three Essays in Political Economy PDF Author: Kwang-ho Kim
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Category :
Languages : en
Pages : 113

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Three Essays in Political Economy

Three Essays in Political Economy PDF Author: Richard Janney Ball
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Category : Economic policy
Languages : en
Pages : 336

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Three Essays on Political Economy

Three Essays on Political Economy PDF Author: Cesar Velazquez
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Category : Campaign funds
Languages : en
Pages : 186

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Three Essays in Political Economy and Public Finance

Three Essays in Political Economy and Public Finance PDF Author: Ugo A. Troiano
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Category :
Languages : en
Pages :

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Chapter 1 evaluates the effect of relaxing fiscal rules on policy outcomes applying a quasi-experimental research design. We implement a "difference-in-discontinuities" design by combining the before/after with the discontinuous policy variation generated by the implementation of the Domestic Stability Pact on Italian municipalities between 1999 and 2004. Our estimates show that relaxing fiscal rules triggers a substantial deficit bias, captured by a shift from a balanced budget to a deficit that amounts to 2 percent of the total budget. The deficit comes primarily from reduced revenues as unconstrained municipalities have lower real estate and income tax rates.

Three Essays on the Political Economy of Trade Policy

Three Essays on the Political Economy of Trade Policy PDF Author: Hyeok Ki Min
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ISBN: 9780549627722
Category :
Languages : en
Pages : 204

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Chapter 3 explores whether interest groups can reach a bargaining agreement on the imposition of tariff if we allow the bargaining opportunity. It depends on the presence of the redistribution of tariff revenues. In the absence of the redistribution of tariff revenues, it is impossible for interest groups to reach an agreement. However, a bargaining agreement on tariffs can be reached in the presence of the redistribution of tariff revenues.