HYBRID SEMINAR: Dimitrios Xefteris (University of Cyprus): «Voting in Shareholders Meetings»
HYBRID – 14.30h – SALA DE GRAUS
ONLINE SEMINAR: Galina Zudenkova (TU Dortmund University) – «Information and Communication Technologies, Protests, and Censorship»
14.30h – ONLINE
Xefteris, Dimitrios
HYBRID SEMINAR: Alexey Makarin (EIEF) – «Production Networks and War»
14.30H – HYBRID – SALA DE GRAUS
2021/07: Ignorance is bliss: voter education and alignment in distributive politics
Central politicians channel resources to sub-national entities for political gains. We show formally that the central politicians’ allocation decision has two drivers: political alignment (between central and local politicians) and the level of local political accountability. However, drivers count one at a time: alignment matters before local elections, while local political accountability matters before central elections. We then perform a test of our model using Brazilian data, which corroborates our results. Furthermore, we show and explain why political accountability becomes a curse: better educated districts receive fewer transfers in equilibrium.
Favre de Noguera, Daniel
