Showing 1 - 10 of 15
Persistent link: https://www.econbiz.de/10010931937
This paper develops and expanded framework for social planning in which coercion stemming from the provision of public goods is explicitly acknowledged. Key issues concern the precise definition of coercion, its difference from redistribtion, and its incorporation into social welfare...
Persistent link: https://www.econbiz.de/10004961535
Persistent link: https://www.econbiz.de/10004961537
Since its publication over 60 years ago, Keynes' General Theory of Employment, Interest and Prices (1936) has substantially influenced both macroeconomic theory and popular opinion about what governments can and should do. However, the extent to which counter-cyclical stabilization has actually...
Persistent link: https://www.econbiz.de/10004961543
We expand the investigation of the role of Congress in explanations of government growth, building on the work of Kau and Rubin (2002). In addition to reconsidering the importance of the median ideological position of elected representatives they introduced, we allow for the roles of majority...
Persistent link: https://www.econbiz.de/10004961544
The paper draws attention to the interdependence of regulation and taxation. We analyze the nature of policy equilibrium, as well as the implications of three historically important political and economic shocks, for the joint use of the two policy instruments in a framework that embodies...
Persistent link: https://www.econbiz.de/10005000676
We address the problem of how to investigate whether economics, or politics, or both, matter in the explanation of public policy. We first pose the problem in a particular context by uncovering a political business cycle (using Canadian data for 130 years) and by taking up the challenge to make...
Persistent link: https://www.econbiz.de/10005000679
This paper contributes to the understanding of empirically-oriented work on the size of government by integrating the analysis of three basic elements: (i) the 'demand' for government stemming in part from attempts to coercively redistribute, often analyzed in a median voter framework; (ii) the...
Persistent link: https://www.econbiz.de/10005000680
In this paper Engel-Granger time series methodology is used to combine trending economic variables with stationary political factors to search for well-defined political influences on central government budgets in Canada over the entire post-Confederation time period from 1870 to 2000. To...
Persistent link: https://www.econbiz.de/10005668450
We explore the formation of a wage structure within a competitive firm that provides improved working conditions in order to reduce turnover within its labor force. The competitive firm must raise the funds required to pay for workplace improvements by, in effect, taxing its own employees.  A...
Persistent link: https://www.econbiz.de/10005626988