[Todos CMAT] Seminario de Probabilidad y Estadística - Alvaro Forteza (Departamento de Economía, FCS-UDELAR, Uruguay.)

[seminarios en cmat.edu.uy]

Seminario de Probabilidad y Estadística
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Título: "Separation of powers with ideological parties."

Expositor: Alvaro Forteza (Departamento de Economía, FCS-UDELAR, Uruguay.)

Resumen:
 
Separation of powers with checks and balances $(SP)$ is usually regarded as a
key institution complementing elections in the control of elected officials.
However, some analysts and many politicians also warn that excessive checks on
the executive in the presence of polarization may lead to political inaction. We
analyze the interaction between elections and $SP$, and study under which
circumstance they complement each other. We first introduce a political agency
model with ideological parties where citizens and politicians care about rents
(a valence issue) and policy (a positional issue).  Then, we analyze the impact
of $SP$ on the effectiveness of elections to discipline and select politicians.
We demonstrate that $SP$ unambiguously raises a majority of voters' welfare in
highly-polarized non-competitive political environments, because it strengthens
both discipline and selection without causing political gridlock.  $SP$ also
raises voters' welfare if elections are very effective at disciplining first
period incumbents.  Nevertheless, $SP$ may reduce voters' welfare if most rents
go undetected and reform is not a first order issue.


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Viernes 10/6 a las 10:30, Virtual:Zoom

Contacto: Alejandro Cholaquidis - acholaquidis en hotmail.com
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La charla es únicamente por zoom

Datos para la reunión virtual:

https://salavirtual-
udelar.zoom.us/j/81121640094?pwd=SWVsZ1V2TTI5aDZob0NTdXVRVzhVZz09

Página del  seminario :  https://pye.cmat.edu.uy/ seminario s/cronograma-
seminario    Página del grupo:  https://pye.cmat.edu.uy/home

Canal de youtube:  https://www.youtube.com/channel/UCOPZEOrLSAYPz2qCAL-KqMg/abo
ut
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