Biased politicians and independent agencies
Bibliographic Data
| ID | 6299869 |
|---|---|
| Authors | Amy Pond (0000-0002-6908-2791, Technical University of Munich, Munich, Germany, corresponding author) |
| Year | 2021 |
| Volume | 33 |
| Issue | 3 |
| Pages | 279-299 |
| Publication date | 2021-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Theoretical Politics (JOURNAL) |
| Journal identifiers | ISSN: 0951-6298 • E-ISSN: 1460-3667 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/09516298211003129 |
| OpenAlex | W3154266536 |
| Language | EN |
| Citations received | 3 |
| References cited | 58 |
Some agencies derive legitimacy from their political independence: for example, political meddling in monetary policy is problematic, as politicians favor short-term electoral goals over long-term economic stability. Nevertheless, the process of agency reform, even for agencies that are thought to be independent, is seldom onerous and often follows standard legislative procedures. Furthermore, citizens frequently lack expertise to hold policymakers accountable for new bureaucratic policies. Why then do politicians abstain from exercising influence through agency reform? This article delineates an informational cost to agency reform. In issue areas where politicians are frequently biased and citizens cannot perfectly observe the quality of agency reforms, citizens assume that reforms serve the politicians’ self-interest and punish politicians for any reform at all. Agency independence then comes more from informational challenges than from institutional design. This article develops a formal model to explain when agencies are reformed and when they retain their independence
Agency (philosophy · Bureaucracy · Economics · Independence (probability theory · Law and economics · Legislature · Legitimacy · Political economy · Political science · Politics · Public economics · Sociology · Electoral Systems and Political Participation · Law · Local Government Finance and Decentralization · Political Influence and Corporate Strategies · Public Administration
Rational Choice Institutionalism
Regulating Business by Independent Commission
Paradigms and Sand Castles
Privileging Industry
Learning While Governing
Bending the Rules
Does Electoral Accountability Affect Economic Policy Choices? Evidence from Gubernatorial Term Limits
Signaling Games and Stable Equilibria
The Optimal Degree of Commitment to an Intermediate Monetary Target
The Institutional Environment for Economic Growth
Institutions
The Logic of Political Survival
Unintentional Gerrymandering
Controlling Capital
American Political Science Review
Central Bank Independence in the World
The welfare effects of minority-protective judicial review
Democracy and dictatorship revisited
The Political Economy of Benefits and Costs
Constitutions and Commitment
The Disadvantage of Tying Their Hands
Platforms, Portfolios, Policy
Multiple Hands on the Wheel
On Democratic Backsliding
Price Stability and Central Bank Independence
The Political Economy of Monetary Institutions
Modeling the forms of international cooperation
Democratic Institutions and Exchange-rate Commitments
Political Competition as an Obstacle to Judicial Independence
Preventing Prevention
Partially Independent Central Banks, Politically Responsive Governments, and Inflation
The Dynamics of the "Revolving Door" on the FCC
Capital, Trade, and the Political Economies of Reform
A Cross-National Analysis of Economic Voting
Leadership and Pandering
The Side Effects of Central Bank Independence
Congressional Oversight Overlooked
Decision Making in Political Systems
Electoral Systems, Voters’ Interests and Geographic Dispersion
A Theory of Coalition Formation
Incentives to cultivate a personal vote
Protection without Capture
The Limits of Delegation
Is Voter Competence Good for Voters
When Do Elections Encourage Ideological Rigidity
Bargaining in Legislatures
Buying Supermajorities
Optimal Obfuscation
Mobile Capital, Domestic Institutions, and Electorally Induced Monetary and Fiscal Policy
Independent Agencies, Distribution, and Legitimacy
Exit Strategy
Busy Voters, Agenda Control, and the Power of Information
| Unique citing works | 3 |
|---|---|
| Citations per year | 1,5 |
| Citation span | 2024 - 2025 (2) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |