Electoral Accountability, Checks and Balances and Political Gridlock
Abstract
Separation of powers and checks and balances are usually regarded as key institutions that complement elections in the control of elected officials. But some analysts and many politicians also warn that excessive checks on the... [ view full abstract ]
Separation of powers and checks and balances are usually regarded as key institutions that complement elections in the control of elected officials. But some analysts and many politicians also warn that excessive checks on the executive can lead to political gridlock. We present a political agency model with governance concerns that helps to think systematically in this tradeoff. We embed separation of powers and checks and balances in a model of electoral accountability with both moral hazard and adverse selection, in which citizens care about a valence and a positional issue. This relatively simple but rich framework allows us to study how and when checks and balances (i) reinforce, and sometimes undermine, electoral accountability, and (ii) cause political inaction ---which is not necessarily detrimental in our setting---. Equipped with this tool, we discuss citizens support for the separation of powers and checks and balances.
Authors
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Álvaro Forteza
(dECON-FCS-Universidad de la República)
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Juan Pereyra
(Departamento Economía. Facultad de Ciencias Sociales. Universidad de la República.)
Topic Areas
C. Mathematical and Quantitative Methods: C0. General , D. Microeconomics: D6. Welfare Economics , H. Public Economics: H1. Structure and Scope of Government
Session
CS4-08 » Political Economy 2 (14:15 - Friday, 10th November, Dali)
Paper
Forteza_Pereyra_EA_CB___political_gridlock_20170904.pdf
Presentation Files
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