Rules transparency and political accountability
AbstractAllocative and redistributive rules in the public sector are often less contingent on available information than normative theory would suggest. This paper offers a political economy explanation. Under different rules, even if the observable outcomes of policies remain the same, the informational content which can be extracted by these observations is different. Simpler rules are more transparent because they allow citizens to gain more information on politicians. Since there are limits to what voters can observe, this may be a relevant insight into the functioning of the political system.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Public Economics.
Volume (Year): 80 (2001)
Issue (Month): 1 (April)
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Web page: http://www.elsevier.com/locate/inca/505578
Other versions of this item:
- BORDIGNON, Massimo & MINELLI, Enrico, . "Rules transparency and political accountability," CORE Discussion Papers RP -1522, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Massimo Bordignon & Enrico Minelli, . "Rules transparency and political accountability," Working Papers 147, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
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