haku: @author Dewatripont, M. / yhteensä: 11
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Tekijä: | Dewatripont, M. Seabright, P. |
Otsikko: | "Wasteful" public spending and state aid control |
Lehti: | Journal of the European Economic Association
2006 : MAY, VOL. 4:2-3, p. 513-522 |
Asiasana: | |
Vapaa asiasana: | politicians state aid spending |
Kieli: | eng |
Tiivistelmä: | This paper dicusses that wastedul state spending in the form of state sids may be a product of accountability, not a symptom of its absence. The authors describe a model in which politicians fund projects that are wasteful as a way to signal their diligence, and voters rationally reward them for this. |
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