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<DIV><DIV>Government spending has increased dramatically in the United States since World War II despite the many rules intended to rein in the insatiable appetite for tax revenue most politicians seem to share. Drawing on examples from the federal and state governments, <I>Rules and Restraint</I> explains in...</i></div></div>
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Most political bargaining in the U.S. system has two features which are constitutionally mandated: (1) only one actor can make a formal proposal, and (2) he or she can make an indefinite number of proposals. Existing work in economics and political science ignores at least one of these features....
Persistent link: https://www.econbiz.de/10005741592
A distributive politics model establishes that the presence of exogenously enforceable spending limits reduces spending and that the effect of executive veto authority is contingent on whether spending is capped and whether the chief executive is a liberal or conservative. Surprisingly, when...
Persistent link: https://www.econbiz.de/10005231043
Tools of direct democracy, such as the citizen initiative, are available at both the state and local levels in the United States, yet models of the process typically do not consider these institutions in tandem. In this article, I develop a model of local fiscal policy that incorporates the...
Persistent link: https://www.econbiz.de/10009004567
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TYPE="ORG" OID="af2" CNY="US">Irving B. Harris Graduate School of Public Policy Studies, University of Chicago
Persistent link: https://www.econbiz.de/10008645382
How can public-sector regimes, agencies, programs, and activities be organized and managed to achieve public purposes? This general question is the concern of officials in all branches and at all levels of the public sector: legislators, elected and appointed executives, and judges at federal,...
Persistent link: https://www.econbiz.de/10005764002
We analyze the problem of economic integration using a cooperative approach. By explicitly introducing time as an endogenous variable, we make sharp predictions about the timing of admission to coalitions, about the equilibrium coalition structure, about the equilibrium payoff distribution, as...
Persistent link: https://www.econbiz.de/10005764003
The elasticity of children’s economic status with respect to parents’ economic status is often taken as an indicator of the extent of equality of opportunity. While many studies have estimated the elasticity for the United States and other countries, only a few have tried to estimate the...
Persistent link: https://www.econbiz.de/10005764004