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Centralization and Decentralization of Public Policy in a Complex Framework

Alfano, Maria Rosaria - EconWPA - 2005

positive and normative issues related to centralization and decentralization in a globalized framework as well as the … conflicting centralization and decentralization processes. Finally, this paper concludes with an exploration of how a form of in …

Persistent link: https://www.econbiz.de/10005556929

POLICY INNOVATION IN FEDERAL SYSTEMS

Kotsogiannis, Christos; Schwager, Robert - EconWPA - 2005

Conventional wisdom has it that policy innovation is better promoted in a federal rather than in a unitary system. Recent research, however, has provided theoretical evidence to the contrary: a multi-jurisdictional system is characterized---due to the existence of a horizontal information...

Persistent link: https://www.econbiz.de/10005556212

Tax morale and (de-)centralization: An experimental study

Güth, Werner; Levati, Vittoria; Saugruber, Rupert - EconWPA - 2005

case of centralization, tax receipts from the two regions are pooled and used to finance both public goods according to the … population size of each region. The experiment shows that centralization induces lower tax morale and less efficient outcomes …. The reasons are that centralization gives rise to an interregional incentive problem and creates inequalities in income …

Persistent link: https://www.econbiz.de/10005556957

MODELLING HOUSEHOLD CHOICES OF DWELLING AND LOCAL PUBLIC

Colombino, Ugo; Locatelli, Marilena - EconWPA - 2004

In this paper we present some results of a research project to develop and estimate a micro-econometric model of residential choice. The model is applied to a sample of Italian chief towns of district. The choice is assumed to depend on household characteristics, income, structural and...

Persistent link: https://www.econbiz.de/10005125936

Snir, Avichai; Levy, Daniel - EconWPA - 2005

Economic organization of the imaginary worlds depicted in popular literary works may be viewed as a mirror to public opinion on the economic organization of life. If a book becomes a best-seller, it is because the book conveys messages, feelings, and events the readers can relate to. In other...

Persistent link: https://www.econbiz.de/10005407781

Is Lebanon’s Debt Sustainable? A Closer Look at Lebanon’s Debt Dynamics

Saab, Samer - EconWPA - 2005

1. Lebanon has one of the highest public debt stocks (relative to GDP) in the world, currently at over 185 percent of 2003 GDP. Economic policy continues to be dominated by chronic imbalances in government finances which have seen the budget deficit average over 17 percent of GDP over the past...

Persistent link: https://www.econbiz.de/10005408446

Staff Growth in International Organizations: A Principal-Agent Problem? An Empirical Analysis

Vaubel, Roland; Dreher, Axel; Soylu, Ugurlu - EconWPA - 2003

The analysis covers 27 international organizations in the years 1950- 2001. From the first to the last year, staff increased at a compound average rate of 3.2 percent per annum. Since the number of member states rose by only 2.5 percent, the elasticity of staff to member states is larger than...

Persistent link: https://www.econbiz.de/10005412489

An Enabling Mechanism for the Creation, Adjustment, and Dissolution of States and Governmental Units

Hausken, Kjell; Knutsen, John F. - EconWPA - 2004

The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each resident as in a direct democracy. Rather than focusing on a narrow model with restrictive and specialized assumptions, and subsequent solutions, as has been...

Persistent link: https://www.econbiz.de/10005412496

The Case for Managed Judges: Learning from Japan after the Political Upheaval of 1993

Ramseyer, J. Mark - EconWPA - 2005

Although the executive branch appoints Japanese Supreme Court justices as it does in the United States, a personnel office under the control of the Supreme Court rotates lower court Japanese judges through a variety of posts. This creates the possibility that politicians might indirectly use the...

Persistent link: https://www.econbiz.de/10005412525

Estate and Capital Gains Taxation: Efficiency and Political Economy Considerations

Aura, Saku - EconWPA - 2004

In this paper a simple dynastic overlapping-generations model with homogeneous agents is used to analyze the optimal use of capital income tax, labor income tax and estate tax. The results of this analysis add to the conventional wisdom about capital income taxation: while it is true that in the...

Persistent link: https://www.econbiz.de/10005076583