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There is a vast empirical literature investigating the relationship between government size and economic growth. But the empirical evidence of growth effects of public expenditure using cross-country regressions is still inconclusive. According to a number of authors this is not surprising since...
Persistent link: https://www.econbiz.de/10014067044
both the market's return and volatility. The results suggest that the day after the referendum, there was little evidence … of a positive effect on stock returns. However, using a longer window of three days before and after the referendum …, there was evidence of a positive effect from the referendum on the market's returns and a negative effect on its volatility …
Persistent link: https://www.econbiz.de/10014233147
We analyze the factors that influence the support for environmental policy proposals. Swiss referendum data show that … associations, if environmental preferences are strong and economic conditions are favorable at the time of the referendum. Also …
Persistent link: https://www.econbiz.de/10012713413
New government spending must be approved by a referendum of citizens in many Swiss cantons. This decisionmaking …
Persistent link: https://www.econbiz.de/10009781600
Switzerland has a tradition of decentralised government, decentralised tax setting and direct reference to the voters through referendums. Such mechanisms should give rise to lower taxes, better provision of public goods and higher economic growth. However, these mechanisms have not been...
Persistent link: https://www.econbiz.de/10014071171
Recent empirical growth literature suggests that cultural factors play a decisive role in economic development, while empirical evidence for their impact on government activity remains scant. In this paper, we conjecture based on Weber's Protestant Ethics that 'Protestant values' such as...
Persistent link: https://www.econbiz.de/10003604466
Persistent link: https://www.econbiz.de/10003676651
Recent empirical growth literature suggests that cultural factors play a decisive role in economic development, while empirical evidence for their impact on government activity remains scant. In this paper, we conjecture based on Weber's Protestant Ethics that 'Protestant values' such as...
Persistent link: https://www.econbiz.de/10012725749
We analyze the determinants of Islamophobia using the only nation-wide anti-Islam referendum ever, which was held in … referendum with the referendum "for democratic naturalizations", held in 2008, in order to disentangle determinants of …
Persistent link: https://www.econbiz.de/10011752312
Persistent link: https://www.econbiz.de/10012420643