About this document
Political Learning and Bureau Termination by jaime marin is a document available to read on EtoBox.
The paper develops a model of political learning from rare events, focusing on the termination of bureaucratic agencies. It challenges the conventional wisdom that older agencies are less likely to be terminated, proposing instead that agency termination is nonmonotonic and influenced by fiscal constraints. The findings suggest that agencies are less likely to be terminated during high deficits and that the hazard rate of agency termination peaks around five years after creation.
- Author
- jaime marin
- Language
- EN