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We study the strategic incentives of regional governments to allocate their budget to public investment and to public consumption expenditures against the background of an incentive-compatible redistribution policy set by the central government. Regional investment changes the productivity...
Persistent link: https://www.econbiz.de/10010429124
Critical-level (CL) utilitarianism with both fixed and variable critical levels is applied to the problem of redistribution in a federation with free mobility. We are interested in intra-regional inequality when redistribution policies are organized decentrally in a federation. Due to free...
Persistent link: https://www.econbiz.de/10011615588
reveals that federations are very different and sometimes unique. Also, we see that the theory of second-order elections does …
Persistent link: https://www.econbiz.de/10013250632
The recent uprisings in the Middle East have cast doubt on the degree to which existing theories of autocracy can correctly identify which groups threaten the autocrats rule at any given time. As a result, these theories are unable to predict fundamental upheavals in established autocracies. Who...
Persistent link: https://www.econbiz.de/10014041501
Persistent link: https://www.econbiz.de/10003363386
This study analyzes the interaction between distorted election choices and the architecture of government with a focus on the implications for the accountability of politicians. Contrasting centralized with decentralized political systems, it is shown that centralization is likely to result in...
Persistent link: https://www.econbiz.de/10003867965