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Fiscal Federalism, Decentralization and Economic Growth: Survey and Meta-Analysis
Baskaran, Thushyanthan; Feld, Lars P.; Schnellenbach, Jan - CESifo - 2014
The theoretical literature on the economics of fiscal federalism has identified several potential effects of government decentralization on economic growth. Much of the traditional literature focuses on the efficiency aspects of a decentralized provision of public services. However,...
Persistent link: https://www.econbiz.de/10010948879
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Explaining Inequality between Countries : The Declining Role of Political Institutions
Hussey, Andrew - 2017
Within the fundamental determinants of cross-country income inequality, ‘humanly devised' political institutions … inequality explainable by differences in political institutions, we decompose annual cross-country Gini coefficients for 95 … countries (representing 85 percent of the world population) from 1960-2012. Since 1988, inequality has marginally decreased …
Persistent link: https://www.econbiz.de/10012962120
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Fiscal Federalism, Decentralization and Economic Growth : Survey and Meta-Analysis
Baskaran, Thushyanthan - 2014
The theoretical literature on the economics of fiscal federalism has identified several potential effects of government decentralization on economic growth. Much of the traditional literature focuses on the efficiency aspects of a decentralized provision of public services. However,...
Persistent link: https://www.econbiz.de/10013045930
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Core-Stable Rings in Auctions with Independent Private Values
Biran, Omer - 2010
We propose a semi-cooperative game theoretic approach to check whether a given coalition is stable in a Bayesian game with independent private values. The ex ante expected utilities of coalitions, at an incentive compatible (noncooperative) coalitional equilibrium, describe a (cooperative)...
Persistent link: https://www.econbiz.de/10013142501
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Equity as a Prerequisite for Stable Cooperation in a Public-Good Economy - The Core Revisited
Buchholz, Wolfgang; Peters, Wolfgang - 2021
In this paper we explore the relationship between an equitable distribution of the cost shares in public-good provision on the one hand and the core property of an allocation on the other. In particular we show that it is an inhomogeneous distribution of cost shares that motivates some coalition...
Persistent link: https://www.econbiz.de/10013316192
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On the Evolution of Market Institutions: The Platform Design Paradox
Alós-Ferrer, Carlos; Kirchsteiger, Georg; Walzl, Markus - CESifo - 2007
We study competition among market designers who create new trading platforms, when boundedly rational traders learn to select among them. We ask whether efficient platforms, leading to market - clearing trading outcomes, will dominate the market in the long run. If several market designers are...
Persistent link: https://www.econbiz.de/10005406426
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Demographic Transition and Political Stability: Does Corruption Matter?
Farzanegan, Mohammad Reza; Witthuhn, Stefan - CESifo - 2014
A demographic transition resulting from an increase in the size of the young working age population can be a blessing or a curse for economic performance. We focus on the political stability effects of a larger youth population and hypothesize that corruption matters in this nexus. Using panel...
Persistent link: https://www.econbiz.de/10011103400
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Betting the House
Jordà, Òscar; Schularick, Moritz; Taylor, Alan M. - CESifo - 2014
identify exogenous variation in monetary conditions: countries with fixed exchange regimes often see fluctuations in short …
Persistent link: https://www.econbiz.de/10011105367
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Family Structure and the Education Gender Gap: Evidence from Italian Provinces
Bertocchi, Graziella; Bozzano, Monica - CESifo - 2013
We investigate the determinants of the education gender gap in Italy in historical perspective with a focus on the influence of family structure. We capture the latter with two indicators: residential habits (nuclear vs. complex families) and inheritance rules (partition vs. primogeniture)....
Persistent link: https://www.econbiz.de/10010877959
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National Representation in Multinational Institutions: The Case of the European Central Bank
Badinger, Harald; Nitsch, Volker - CESifo - 2011
Multinational institutions face an important trade-off when hiring personnel. On the one hand, hiring decisions are based, as in most organizations, on a candidate’s professional qualifications. On the other hand, multinational institutions often aim for broad national representation....
Persistent link: https://www.econbiz.de/10009294095