Search Results - subject:"Checks and balances"

Saint-Paul, Gilles; Ticchi, Davide; Vindigni, Andrea - C.E.P.R. Discussion Papers - 2012

We develop a theory of endogenous political entrenchment in a simple two-party dynamic model of income redistribution with probabilistic voting. A partially self-interested left-wing party may implement (entrenchment) policies reducing the income of its own constituency, the lower class, in...

Persistent link: https://www.econbiz.de/10011083893

Temporal aggregation in political budget cycles

Streb, Jorge M.; Lema, Daniel; Garofalo, Pablo - In: ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN … (2012)

We build a panel with quarterly data from Latin American and OECD countries over the 1980-2005 period. Annual data strongly underestimate the effect of political budget cycles (PBCs) when a pre-electoral fiscal expansion is followed by a post-electoral contraction, since the effects cancel out...

Persistent link: https://www.econbiz.de/10010762707

Constitutional Rules

Aidt, Toke S; Giovannoni, Francesco - Centre for Market and Public Organisation (CMPO), … - 2004

constitutional stage. Finally, we provide a new rationale for the existence of checks and balances. …

Persistent link: https://www.econbiz.de/10005135214

Constitutional Rules

Giovannoni, Francesco; Aidt, Toke S. - Econometric Society - 2004

allow the veto rule to be overruled). Our model also explains the existence of amendment rules and checks and balances …

Persistent link: https://www.econbiz.de/10005342245

Separation of Powers and Political Budget Cycles

Streb, Jorge M.; Saporiti, Alejandro - Universidad del CEMA - 2003

effective checks and balances. …. We specifically model PBC in the composition of government spending. The main result is that effective checks and … balances in the budgetary process curb PBC. The institutional features of the executive-legislature bargaining game, namely …

Persistent link: https://www.econbiz.de/10005668456

Separation of powers and political budget cycles

Saporiti, Alejandro; Streb, Jorge M. - 2003

Persistent link: https://www.econbiz.de/10010323101

Toward global checks and balances

Benvenisti, Eyal; Downs, George - In: Constitutional Political Economy 20 (2009) 3, pp. 366-387

Persistent link: https://www.econbiz.de/10005029319

Institutional reforms now and benefits tomorrow: How soon is tomorrow?

Méon, Pierre-Guillaume; Sekkat, Khalid; Weill, Laurent - Solvay Brussels School of Economics and Management, … - 2009

This paper investigates the timing of the impact of changes in checks and balances on macroeconomic efficiency in a … panel of countries. Using Battese and Coelli’s one-stage approach, we find that increasing checks and balances results in … country-fixed effects and using alternative functional forms of the production frontier and alternative measures of checks and …

Persistent link: https://www.econbiz.de/10009211289

Judicial checks on corruption in the United States

Cordis, Adriana - In: Economics of Governance 10 (2009) 4, pp. 375-401

Persistent link: https://www.econbiz.de/10008577726

Separation of powers and political budget cycles

Saporiti, Alejandro; Streb, Jorge - In: Public Choice 137 (2008) 1, pp. 329-345

Persistent link: https://www.econbiz.de/10005674633