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The Architecture of Federations: Constitutions, Bargaining, and Moral Hazard
Kessler, Anke; Luelfesmann, Christoph; Myers, Gordon M - C.E.P.R. Discussion Papers - 2009
centralization and decentralization are suboptimal as long as political bargaining does not take place. With bargaining, however, the … first best can often be achieved under decentralization, but not under centralization. At the root of this result is the …
Persistent link: https://www.econbiz.de/10005662248
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Do Oil Windfalls Improve Living Standards? Evidence from Brazil
Caselli, Francesco; Michaels, Guy - C.E.P.R. Discussion Papers - 2009
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP...
Persistent link: https://www.econbiz.de/10008509470
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Interest Group Politics in a Federation
Guriev, Sergei; Yakovlev, Evgeny; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2008
The optimal degree of decentralization depends on the importance of inter-state externalities of local policies. We … number influenced by local business groups. Our findings have implications for the literatures on federalism and on …
Persistent link: https://www.econbiz.de/10005136715
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Provincial Protectionism
Sonin, Konstantin - C.E.P.R. Discussion Papers - 2003
In a federal state, political leaders of constituent units might protect their enterprises from the federal center (e.g., allowing them not to pay federal taxes). The effectiveness of such protection depends crucially on the ability of local authorities to extract rents from enterprises. They...
Persistent link: https://www.econbiz.de/10005792438
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The Institutional Foundations of China’s Reforms and Development
Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2010
resist reforms, policies, rules and laws. China’s reform trajectories have been shaped by regional decentralization …
Persistent link: https://www.econbiz.de/10008468688
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Regional Decentralization and the Soft Budget Constraint: The Case of China
Qian, Yingyi; Roland, Gérard - C.E.P.R. Discussion Papers - 1994
enterprises. Fiscal decentralization combined with monetary centralization (i.e. fiscal federalism) may achieve not only hard … village levels. We study the effect of regional decentralization on soft budget constraints in these enterprises. We show that …. Decentralization of monetary authority leads to a softening of local governments' budget constraints, however, as well as those of …
Persistent link: https://www.econbiz.de/10005124311
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Electoral politics and regional development: assessing the geographical allocation of public investment in Turkey
Luca, Davide; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2014
One of the most important decisions that governments face is how to allocate the public resources necessary for development, given each country’s budget constraints. According to the literature on the links between wealth and institutional performance, highly kleptocratic countries are...
Persistent link: https://www.econbiz.de/10011083396
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Can Institutions Be Reformed from Within? Evidence from a Randomized Experiment with the Rajasthan Police
Banerjee, Abhijit; Chattopadhyay, Raghabendra; Duflo, Esther - C.E.P.R. Discussion Papers - 2012
Institutions in developing countries, particularly those inherited from the colonial period, are often thought to be subject to strong inertia. This study presents the results of a unique randomized trial testing whether these institutions can be reformed through incremental administrative...
Persistent link: https://www.econbiz.de/10011084513
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Procurement with specialized firms
Boone, Jan; Schottmüller, Christoph - C.E.P.R. Discussion Papers - 2011
This paper analyzes optimal procurement mechanisms in a setting where the procurement agency has incomplete information concerning the firms' cost functions and cares about quality as well as price. Low type firms are cheaper than high type firms in providing low quality but more expensive when...
Persistent link: https://www.econbiz.de/10009385768
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Monitoring Job Offer Decisions, Punishments, Exit to Work, and Job Quality
den Berg, Gerard J van; Vikström, Johan - C.E.P.R. Discussion Papers - 2009
Unemployment insurance systems include monitoring of unemployed workers and punitive sanctions if job search requirements are violated. We analyze the effect of sanctions on the ensuing job quality, notably on wage rates and hours worked, and we examine how often a sanction leads to a lower...
Persistent link: https://www.econbiz.de/10008528530