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the main focus is on comparison between different forms of representative democracy, the influence of direct democracy on … redistribution has attracted much less attention. According to theoretical arguments and previous empirical results, government … representative democracies. In this paper, we find that institutions of direct democracy are associated with lower public spending …
Persistent link: https://www.econbiz.de/10012771335
One of the most cherished propositions in economics is that market competition by and large raises consumer welfare. But whether political competition has similarly virtuous consequences is far less discussed. This paper formulates a model to explain why political competition may enhance...
Persistent link: https://www.econbiz.de/10012771350
This paper studies the role played by caste, education and other social and economic attributes in arranged marriages among middle-class Indians. We use a unique data set on individuals who placed matrimonial advertisements in a major newspaper, the responses they received, how they ranked them,...
Persistent link: https://www.econbiz.de/10013148231
We report on an on-going project, which asks a number of questions relevant to the study of state capacity. What are the main economic and political determinants of the state's capacity to raise revenue and support private markets? How do risks of violent conflict affect the incentives to invest...
Persistent link: https://www.econbiz.de/10013148232
This paper explores the consequences of creating and improving property rights so that fixed assets can be used as collateral. This has become a cause célèbre of Hernando de Soto whose views are influential in debates about policy reform concerning property rights. Hence, we refer to the...
Persistent link: https://www.econbiz.de/10013148234
This paper explores a wide range of cross-country determinants of life satisfaction exploiting a database of 90,000 observations in 70 countries. We distinguish four groups of aggregate variables as potential determinants of satisfaction: political, economic, institutional, and human development...
Persistent link: https://www.econbiz.de/10012771337
can take two forms: direct when the military runs the government, and indirect when it influences policy without governing …
Persistent link: https://www.econbiz.de/10013148230
Tenured public officials such as judges are often thought to be indifferent to the concerns of the electorate and, as a result, potentially lacking in discipline but unlikely to pander to public opinion. We investigate this proposition empirically using data on promotion decisions taken by...
Persistent link: https://www.econbiz.de/10013148239
We model the coordination of specialised tasks inside an organisation as quot;attribute matchingquot;. Using this method, we compare the performance of organisational forms (M-form and U-form) in implementing changes such as innovation and reform. In our framework, organisational forms affect...
Persistent link: https://www.econbiz.de/10012750155
Bewley's condition on production sets, imposed to ensure the existence of an equilibrium price density when L? is the commodity space, is weakened to allow applications to continuous-time problems, and especially to peak-load pricing when the users' utility and production function are Mackey...
Persistent link: https://www.econbiz.de/10012766339