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Vulnerability and Clientelism

By Gustavo J. Bobonis, Paul J. Gertler, Marco Gonzalez-Navarro, and Simeon Nichter

American Economic Review, November 2022

This study argues that economic vulnerability causes citizens to participate in clientelism, a phenomenon with various pernicious consequences. To examine how reduced vulnerability affects citizens' participation in clientelism, we employ two exogenous sh...

Evaluating Deliberative Competence: A Simple Method with an Application to Financial Choice

By Sandro Ambuehl, B. Douglas Bernheim, and Annamaria Lusardi

American Economic Review, November 2022

We examine methods for evaluating interventions designed to improve decision-making quality when people misunderstand the consequences of their choices. In an experiment involving financial education, conventional outcome metrics (financial literacy and d...

Accountability and Grand Corruption

By Cesar Martinelli

American Economic Journal: Microeconomics, November 2022

We propose a model of political careers and electoral accountability in an environment in which politicians may take bribes at different stages of their careers and in which politicians' actions are only imperfectly observed by voters. We show that the ex...