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democracy has a constraining, but modest effect on spending. Our estimates suggest that a mandatory budget referendum reduces …
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democracy has a constraining, but modest effect on spending. Our estimates suggest that a mandatory budget referendum reduces …
Persistent link: https://www.econbiz.de/10013158324
Persistent link: https://www.econbiz.de/10003877970
Recently a wide and empirically-backed consensus has emerged arguing that direct democratic control over government's spending decisions through initiatives and referenda constrains government size. But what happens if budgetary matters are excluded from the voters' right of the initiative? I...
Persistent link: https://www.econbiz.de/10010229890
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Recently a wide and empirically-backed consensus has emerged arguing that direct democratic control over government's spending decisions through initiatives and referenda constrains government size. But what happens if budgetary matters are excluded from the voters' right of the initiative? I...
Persistent link: https://www.econbiz.de/10013060353
Persistent link: https://www.econbiz.de/10003826383
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