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Why do politicians rebel and vote against the party line when high stakes bills come to the floor of the legislature? We leverage the three so-called Meaningful Votes that took place in the British House of Commons between January and March 2019 on the Withdrawal Agreement that the Conservative...
Persistent link: https://www.econbiz.de/10012064455
economic integration encourages governments to take steps to resolve conflicts and vice versa, creating a virtuous circle of …
Persistent link: https://www.econbiz.de/10009571288
How important is spatial identity in shifting preferences for redistribution? This paper takes advantage of within-country variability in the adoption of a single currency as an instrument to examine the impact of the rescaling of spatial identity in Europe. We draw upon data from the last three...
Persistent link: https://www.econbiz.de/10011286518
We explore the role of the transfers that UK regions received from the European structural and cohesion funds, as well as other economic and social factors, in determining the support for the Remain vote in the Brexit referendum. We find that past European transfers have played virtually no role...
Persistent link: https://www.econbiz.de/10011544086
integration process. We argue that the market orders shaped in postwar Germany and in Margret Thatcher's United Kingdom have long …
Persistent link: https://www.econbiz.de/10011809903
This paper investigates the development of local public finance in Germany, Switzerland, Poland and the United Kingdom. In this context important characteristics of municipal expenditures and revenues are examined in these countries. Differences in government structure (i.e. unitary or federal)...
Persistent link: https://www.econbiz.de/10011404312
Until 2009, the United Kingdom operated a system of worldwide taxation. Taxation of foreign income was deferred until repatriated as dividends, leaving UK-owned multinational firms the possibility of avoiding UK taxation by delaying dividend payments and keeping earnings abroad. In 2009, the UK...
Persistent link: https://www.econbiz.de/10009630130
. Specifically, it uses fractional integration methods to estimate persistence at the daily, weekly and monthly frequencies in the …
Persistent link: https://www.econbiz.de/10012653308
fractional integration methods to long runs of annual data starting in 1831 for the UK and the US, in 1862 for Italy and in 1881 …
Persistent link: https://www.econbiz.de/10015077843
We study how the optimal degree of conservatism relates to decision-making procedures in a Monetary Policy Committee (MPC). In our framework, central bank conservatism is required to attenuate the volatility of monetary decisions generated by the presence of uncertainty about the committee...
Persistent link: https://www.econbiz.de/10010391838