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This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
Students face four decision margins: (a) How many years to spend in school, (b) What to study, (c) How much effort to devote to learning per year and (d) Whether to disrupt or assist the learning of classmates. The thousands of studies that have applied human capital theory to the first two...
Persistent link: https://www.econbiz.de/10014023722
This paper examines whether decentralization increases the responsiveness of public investment to local needs using a unique database from Bolivia. Empirical tests show that investment patterns in human capital and social services changed significantly after decentralization. These changes are...
Persistent link: https://www.econbiz.de/10014135708
As civil infrastructure projects have grown in scale and scope, their cost has increased accordingly. As a result, we have entered what has been termed the era of the infrastructure mega-project; those that typically cost more than US $1 billion (oftentimes much more) and also have major impacts...
Persistent link: https://www.econbiz.de/10013127346
This paper considers the decentralized funding of public universities in a federation when students and graduates are mobile. In particular, I discuss whether local governments should be given the right to differentiate tuition fees between in-state and out-of-state students. I develop a model...
Persistent link: https://www.econbiz.de/10013155271
In a decentralized setting, are policy targets imposed by the central government on local elected officials effective? And when? We address these questions in Italy, where the central government has set a target for childcare coverage at the municipal level for Southern regions since 2007. We...
Persistent link: https://www.econbiz.de/10013065249
Using monthly public transit revenue data from January 2015 to December 2021, we investigate the effect of COVID-19 on public transit revenues in the large urban municipality of Calgary in Alberta, Canada. We find that revenue from transit fares dropped immediately and significantly after the...
Persistent link: https://www.econbiz.de/10014240791
Decentralization is commonly advocated as a means to improve primary services and hence accelerate social development. Although theory supports this position, empirical evidence is ambiguous. This paper examines whether local governance can improve social development empirically, with detailed...
Persistent link: https://www.econbiz.de/10014220442
This paper examines decentralisation in Bolivia and Colombia to explore its effects on the uses and spatial distribution of public investment, as well as government responsiveness to local needs. In both countries, investment shifted from infrastructure to social services and human capital...
Persistent link: https://www.econbiz.de/10014220446
The effects of decentralization on public sector outputs is much debated but little agreed upon. This paper compares the remarkable case of Bolivia with the more complex case of Colombia to explore decentralization's effects on public education outcomes. In Colombia, decentralization of...
Persistent link: https://www.econbiz.de/10014220447