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Persistent link: https://www.econbiz.de/10012880820
This paper develops a simple two-period model of public good provision within a federation. A national public good is provided to both states by the federal government, while a local public good is supplied by each state government. The federal government levies a proportional income tax, and in...
Persistent link: https://www.econbiz.de/10005540401
Citizens with heterogeneous tastes delegate to policy makers the authority to choose public policies. They may try to influence legislators in various ways. In this paper we assume that monetary lobbying and direct threats are the only instruments private individuals can use to influence the...
Persistent link: https://www.econbiz.de/10005542564
This paper studies the impact of bicameralism on the level of corruption of elected officials. The relationship between parliamentary organization and corruption is analyzed in a two-period game between legislators, citizens and a lobby group, which delivers several predictions that we...
Persistent link: https://www.econbiz.de/10008551181
This paper develops a theory of the endogenous formation of a common market in a three-country, two-factor political economy model. In the status quo, Home and Foreign implement nondiscriminatory policies toward international factor flows in order to maximize the domestic median voter's welfare....
Persistent link: https://www.econbiz.de/10008517886
This paper develops a theory of the endogenous formation of a common market in a three-country, two-factor political economy model. In the status quo, Home and Foreign implement non-discriminatory policies towards international factor flows, as to maximize the domestic median voter's welfare....
Persistent link: https://www.econbiz.de/10005123664
The adverse effects of political and social polarization on government policies are empirically well documented, yet some democracies seem to cope well or even benefit from diversity. In this paper we develop a theoretical model to show how elections in polarized societies contribute to improve...
Persistent link: https://www.econbiz.de/10010597471
Despite restrictive migration policies, large numbers of undocumented migrants reside in many destination countries. If official migration targets are not enforced, why are they devised? To address this puzzle, we develop a political agency model with uncertainty on the migrants' supply, where...
Persistent link: https://www.econbiz.de/10008854513
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