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of democracies in unitary and federal states are investigated. The dynamics of public choice are considered in the theory …
Persistent link: https://www.econbiz.de/10010291509
The paper examines one of the considerations that determines the extent to which policymakers pursue the objectives demanded by constituents. The nature and extent of their ignorance serve to determine the incentives confronted by policymakers to pursue their constituents' demands. The paper...
Persistent link: https://www.econbiz.de/10011904607
In actual environmental policy, the design of actual pollution emission taxes differs significantly with the optimal Pigovian tax. In particular, earmarking prevails and actual taxes are usually combined with regulation. Furthermore tax rates are generally too low to significantly influence...
Persistent link: https://www.econbiz.de/10011335760
The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter model where redistributive conflict takes place both between educational groups and age-groups. The effects of inequality and mobility are not unambiguous but depend on factors...
Persistent link: https://www.econbiz.de/10010261360
In this chapter I provide an overview of the political economy of taxation in democratic states by considering the three most important issues in the field: (1) the evolution of the power to tax in (what are now) the mature constitutional democracies; (2) the nature and determinants of modern...
Persistent link: https://www.econbiz.de/10011584951
I study the effect of voters with a group-based social conscience. Voters then care more about the well-being of those belonging to their own group than the rest of the population. Within a model of political tax determination, both fractionalization and group antagonism reduce the support for...
Persistent link: https://www.econbiz.de/10010284464
We study voting over education subsidies where poor individuals may be excluded and the rich may chose private alternatives. With plausible changes of the standard game we show that this problem typically has multiple equilibria; one with low taxes, many excluded, and many in private schooling;...
Persistent link: https://www.econbiz.de/10010281272
Why do Scandinavian countries perform better in terms of environmental protection than other European Union countries? In this paper, we explore the hypothesis that societies characterised by low-income inequality (such as the Nordic European countries) generate political-economic equilibria...
Persistent link: https://www.econbiz.de/10011608600
This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...
Persistent link: https://www.econbiz.de/10010301406
This paper deals with fluctuations over time in the extent of the state-owned firm sector nationalization-privatization cycles (NPCs). Anecdotal observations of NPCs are supported threefold by systematic empirical evidence: first, for different regions and economic systems, second, for different...
Persistent link: https://www.econbiz.de/10010275267