Randolph Sloof's Books

The Political Economy of Fiscal Transparency and Independent Fiscal Councils

By: Mr.Roel M. W. J. Beetsma,Mr.Xavier Debrun,Randolph Sloof

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The Political Economy of Fiscal Transparency and Independent Fiscal Councils

By: Mr.Roel M. W. J. Beetsma,Mr.Xavier Debrun,Randolph Sloof

The global surge in independent fiscal councils (IFCs) raises three related questions: How can IFCs improve the conduct of fiscal policy? Are they simultaneously desirable for voters and elected policymakers? And are they resilient to changes in political conditions? We build a model in which voters cannot observe the true competence of elected policymakers. IFCs’ role is to mitigate this imperfection. Equilibrium public debt is excessive because policymakers are “partisan” and “opportunistic.” If voters only care about policymakers’ competence, both the incumbent and the voters would be better off with an IFC as the debt bias would shrink. However, when other considerations eclipse competence and give the incumbent a strong electoral advantage or disadvantage, setting up an IFC may be counterproductive as the debt bias would increase. If the incumbent holds a moderate electoral advantage or disadvantage, voters would prefer an IFC, but an incumbent with a large advantage may prefer not to have an IFC. The main policy implications are that (i) establishing an IFC can only lower the debt bias if voters care sufficiently about policymakers’ competence; (ii) not all political environments are conducive to the emergence of IFCs; and (iii) IFCs are consequently vulnerable to shifts in political conditions.

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International Monetary Fund

Published Date

ISBN 10

1484318390

ISBN 13

9781484318393

Game-Theoretic Models of the Political Influence of Interest Groups

By: Randolph Sloof

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Game-Theoretic Models of the Political Influence of Interest Groups

By: Randolph Sloof

In this chapter the topic of this book is introduced. Section 1. 1 provides a brief and rather general motivation for the scientific project undertaken here. Interest groups are a very popular object of scientific inquiry, and they received already considerable research attention from scholars in political science, as well as from researchers in economics. Necessarily, then, this book adds to a literature which is already quite developed. A detailed positioning in this literature of the theoretical material presented in this monograph will be given in Chapter 2. This second chapter will also, by means of a review of the empirical literature, provide a more general overview of the issues deemed to be important when studying the influence of interest groups on public policy. The outline of the entire book is described in greater detail in Section 1. 2. As most issues involved are more easily presented in later chapters, this introductory chapter is kept brief. 1. 1 MOTIVATION Substantial political power is often attributed to interest groups. Examples abound in both the economics and political science literature, as well as in journalistic accounts and popular publications. On many occasions the authors express concerns about the negative impact of interest groups on the democratic quality of government. "The interests of a small group are served at the expense of the interests of the general public, the taxpayers!", is an often heard popular complaint.

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267

Publisher

Springer Science & Business Media

Published Date

ISBN 10

1475753071

ISBN 13

9781475753073

Recueil Fossard

By: Pierre Louis Duchartre,Randolph T. Weaver

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Recueil Fossard

By: Pierre Louis Duchartre,Randolph T. Weaver

Illustrated history of the beginnings, growth and influence of the commedia dell? arte. Describes improvisations, staging, marks, scenarios, acting troupes, and origins.

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385

Publisher

Courier Corporation

Published Date

ISBN 10

0486216799

ISBN 13

9780486216799

Game-Theoretic Models of the Political Influence of Interest Groups

By: Randolph Sloof

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Game-Theoretic Models of the Political Influence of Interest Groups

By: Randolph Sloof

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267

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Springer Science & Business Media

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ISBN 10

1475753071

ISBN 13

9781475753073

The Political Economy of Fiscal Transparency and Independent Fiscal Councils

By: Mr.Roel M. W. J. Beetsma,Mr.Xavier Debrun,Randolph Sloof

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The Political Economy of Fiscal Transparency and Independent Fiscal Councils

By: Mr.Roel M. W. J. Beetsma,Mr.Xavier Debrun,Randolph Sloof

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International Monetary Fund

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ISBN 10

1484315553

ISBN 13

9781484315552

FAR COUNTRY

By: Winston Sir Churchill, 1874-1965,William Randolph 1863-1951 Hearst

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FAR COUNTRY

By: Winston Sir Churchill, 1874-1965,William Randolph 1863-1951 Hearst

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

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542

Publisher

Wentworth Press

Published Date

ISBN 10

1360137300

ISBN 13

9781360137308

Book's by Randolph Sloof

The Political Economy of Fiscal Transparency and Independent Fiscal Councils

The Political Economy of Fiscal Transparency and Independent Fiscal Councils

Game-Theoretic Models of the Political Influence of Interest Groups

Game-Theoretic Models of the Political Influence of Interest Groups

Recueil Fossard

Recueil Fossard

Game-Theoretic Models of the Political Influence of Interest Groups

Game-Theoretic Models of the Political Influence of Interest Groups

The Political Economy of Fiscal Transparency and Independent Fiscal Councils

The Political Economy of Fiscal Transparency and Independent Fiscal Councils

FAR COUNTRY

FAR COUNTRY

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