Abstract Competition and open markets are the battle-songs of the EU. While they gave birth to the four economic freedoms, political competition has been neglected. Thus, a future European constitution should strengthen political competition by guaranteeing a fifth freedom: Citizens and...

In economies with reasonably mobile individuals, the demand for property depends on current as well as future taxes and public services. As a consequence, the current level of public net debts, i.e. public debts minus assets, should capitalize into property prices. While debt capitalization has...

It is well established that individual parliamentary representatives are less likely to decide according to the preferences of their constituency when the number of representatives per district, i.e. district magnitude, increases. However, we propose that for majority decisions of district...

We reply to the comment of John Carey and Simon Hix on our original contribution entitled “District Magnitude and Representation of the Majority’s Preferences: Quasi-Experimental Evidence from Popular and Parliamentary Votes” in Public Choice 151:585–610 (<CitationRef CitationID="CR3">2012</CitationRef>). District magnitude does...</citationref>

The separation of powers is endogenous to the politico-economic process, and thus to politicians’ self-interest. Only little is known about what really drives politicians’ behavior when shaping institutional rules with respect to the separation of powers. We econometrically compare votes of...