Abstract:
We present a simple theory of the quality of elected officials. Quality has (at least) two dimensions: competence and honesty. Voters prefer competent and honest policymakers, so high-quality citizens have a greater chance of being elected to office. But low-quality citizens have a 'comparative advantage' in pursuing elective office, because their market wages are lower than the market wages of high-quality citizens (competence), and/or because they reap higher returns from holding office (honesty). In the political equilibrium, the average quality of the elected body depends on the structure of rewards from holding public office. Under the assumption that the rewards from office are increasing in the average quality of office holders there can be multiple equilibria in quality. Under the assumption that incumbent policymakers set the rewards for future policymakers there can be path dependence in quality.
Downloads: (external link) http://www.cepr.org/pubs/dps/DP2402.asp (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org
Related works: Working Paper: Bad politicians (2000) Working Paper: Bad Politicians (2001) Journal Article: Bad politicians (2004) This item may be available elsewhere in EconPapers: Search for items with the same title.
More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Address: Centre for Economic Policy Research, 53--56 Great Sutton Street, London EC1V 0DG Series data maintained by ().
This site is part of RePEc
and all the data displayed here is part of the RePEc data set.
Is your work missing from RePEc? Here is how to
contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .