The role of citizens' initiatives figures prominently in contemporary debates on constitutional change. A basic question is why are initiatives necessary in a representative democracy where candidates must already compete for the right to control policy? This paper offers one answer to this...

The role of citizens' initiatives figures prominently in contemporary debates on constitutional change. A basic question is why are initiatives necessary in a representative democracy where candidates must already compete for the right to control policy? This paper offers one answer to this...

This paper develops an infinite horizon model of public spending and taxation in which policydecisions are determined by legislative bargaining. The policy space incorporates both productiveand distributive public spending and distortionary taxation. The productive spending is investing ina...