Showing 1 - 10 of 469
We investigate redistributive taxation in a political economy experiment and determine how different patterns of social …
Persistent link: https://www.econbiz.de/10008607502
Using panel data from US states over the period 1941-2002, I measure the impact of gubernatorial partisanship on a wide range of different policy settings and economic outcomes. Across 32 measures, there are surprisingly few differences in policy settings, social outcomes and economic outcomes...
Persistent link: https://www.econbiz.de/10004977260
Using panel data from US states, I measure the impact of partisanship on a wide range of different policy settings and economic outcomes. Across 32 measures, there are surprisingly few differences in policy settings, social outcomes and economic outcomes under Democrats and Republicans. In terms...
Persistent link: https://www.econbiz.de/10005032821
financed through age-dependent taxation that distorts human capital investment. Taxes redistribute income both across different …
Persistent link: https://www.econbiz.de/10005123612
Is electoral competition good for political selection? To address this issue, we introduce a theoretical model in which ideological parties select candidates between party loyalists and experts, and allocate them into the electoral districts. Non-ideological voters, who care about national and...
Persistent link: https://www.econbiz.de/10005061479
The governments of nearly all countries are major providers of primary and secondary education to their citizens. In some countries, however, public schools coexist with private schools, while in others the government is the sole provider of education. In this study, we ask why different...
Persistent link: https://www.econbiz.de/10005124295
taxes and redistribution schemes with distortions. We show that the presence of distortions makes full taxation unattractive …We extend the discussion of redistributive politics across electoral systems to allow for taxation to be distortionary … taxation can be understood as an analysis of the trade-off between efficiency and targetability. We derive the equilibrium …
Persistent link: https://www.econbiz.de/10005504298
Employing the canonical political agency model, this Paper studies the incentives of the government to provide high-quality services by reducing corruption. Acting as a principal in a moral hazard framework, the public disciplines the incumbent by replacing him if the generated output is...
Persistent link: https://www.econbiz.de/10005504531
In this paper we study the political issues associated with reform in the European labour market. We first discuss the role played by labour market rigidities in European society, and argue that reform is a difficult task because many regulations and rigidities benefit the majority of the...
Persistent link: https://www.econbiz.de/10005497719
This paper starts from the observation that despite their very high levels of unemployment, major European countries have devoted few resources to reducing it. This suggests that there is little political concern about high unemployment. I develop a model where the government tries to increase...
Persistent link: https://www.econbiz.de/10005498035