On the Optimal Allocation of Policy-Making
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https://www.nber.org/papers/w33034
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资源简介：
How should society allocate policy-making between the legislative and the executive branches of government? We analyze a model in which biased and polarized policymakers set policy in response to shocks. We show that policy issues for which the policy-maker bias is small relative to the degree of
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美国国家经济研究局创建时间：
2024-10-01
