Do people "vote with their feet" due to a lack of political competition? We formalize the theory of political competition and migration to show that increasing political competition lowers political rent leading to net in-migration. Our empirical application using US data supports this...

The paper discusses opportunities to utilize the series of micro-blogs as provided by the Twitter in observation of opinion dynamics. The spontaneity of tweets is more, as the service is attached more to the mobile communications. The extraction of information in the series of tweets is...

Starting from a few considerations on the phenomenon of municipal capitalism, a trait which characterizes many local governments in Italy and Europe, this paper presents a selective survey of some important topics in regulation. The most relevant contributions on privatization, political...

The phenomenon of municipal capitalism, which characterizes many local governments in Italy and Europe has been subject to many studies, but none have tried to model what this could imply for the choice of the optimal regulatory rule, nor for the vertical allocation of regulatory tasks among the...

In this paper we analyze the impact of immigration on Greek politics over the 2004-2012 period, exploiting panel data on 51 Greek regional units. We account for potential endogenous clustering of migrants into more “tolerant” regions by using a shift-share imputed instrument, based on their...

This study examines the violent crime convergence among the fifty one states in the United States. The chosen method for this analysis is nonlinear unit root test due to Kapetanios et al. (KSS, 2003), which was later extended by Chong et al. (CHLL, 2008). KSS-CHLL nonlinear unit root was applied...

Fiscal decentralization of power from the central to the local level in North Macedonia officially began on July 1st, 2005, and after 20 years there are some changes but in general more than 50% of LGSUs gets transfers from the central government financing were the institutions are located and...

In this paper, a qualitative model is inductively developed describing a dynamic “policy mix” -system of innovation enabling and outbalancing dimensions for the deployment of narrow artificial intelligence (AI) in the manufacturing value chain. A literature review first identifies and...

The issue of the municipal public economy has to be studied, since the municipality is the area of government that we have closest to our home and is the one we first resort to request a public service, such as those of first need: water, clean, public safety and many more. In terms of...

This paper documents the long-term nature of technological innovations which have transformed retail finance and addressed financial exclusion. The paper also contributes to the body of literature on the state as an entrepreneur. The roots of financial inclusion are traced back to the 1960s with...