Narrow search
Showing 1 - 10 of 97
Cover Image
Self-Enforcing Capital Tax Coordination
Eichner, Thomas; Pethig, Rüdiger - CESifo - 2013
provision of public goods and with it the welfare of all countries can be enhanced via tax coordination. Based on the standard … countries is self-enforcing. It is shown that there always exists a rather small stable tax coalition. For some subset of the … parameter space the grand coalition may be stable as well, even if the total number of countries is large. The small stable …
Persistent link: https://www.econbiz.de/10010706007
Cover Image
Contracts Offered by Bureaucrats
Khalil, Fahad; Kim, Doyoung; Lawarrée, Jacques - CESifo - 2013
We examine the power of incentives in bureaucracies by studying contracts offered by a bureaucrat to her agent. The bureaucrat operates under a fixed budget, optimally chosen by a funding authority, and she can engage in policy drift, which we define as inversely related to her intrinsic...
Persistent link: https://www.econbiz.de/10010721605
Cover Image
Bureaucrats and Public Procurement
Bös, Dieter - CESifo - 2001
which refers to both investment and production. Welfare-optimal procurement of the project can be attained under relatively … weak assumptions; welfare-optimal investments of the seller (and only of the seller) may result under special circumstances …; welfare-optimal investments of both agency and seller cannot be reached. …
Persistent link: https://www.econbiz.de/10005765759
Cover Image
Do Institutions of Direct Democracy Tame the Leviathan? Swiss Evidence on the Structure of Expenditure for Public Education
Fischer, Justina A.V. - CESifo - 2005
The deleterious impact of institutions of direct legislation on student performance found in studies for both the U.S. and Switzerland has raised the question of what its transmission channels are. For the U.S., an increase in the ratio of administrative to instructional spending and larger...
Persistent link: https://www.econbiz.de/10005181635
Cover Image
Contests Among Bureaucrats
Bös, Dieter - CESifo - 2002
This paper deals with double lobbying: several bureaucrats participate in joint lobbying to get a high total departmental budget, but they also engage in antagonistic lobbying to reap as high a share of the total budget as possible. The antagonistic lobbying constitutes a contest among the...
Persistent link: https://www.econbiz.de/10005406270
Cover Image
Political Accountability and Real Authority of Government Bureaucracy
Dodlova, Marina - CESifo - 2013
bureaucracy rather than to an autocratic leader. We combine the Aghion-Tirole definition of formal and real authority with the …
Persistent link: https://www.econbiz.de/10010703422
Cover Image
The Citizen-Candidate Model with Imperfect Policy Control
Aytimur, R. Emre; Boukouras, Aristotelis; Schwager, Robert - CESifo - 2012
We examine the two-candidate equilibria of the citizen-candidate model when the implemented policy arises from a compromise between the government and an unelected external power. We show that the equilibria of this model differ significantly from the original: the distance between the...
Persistent link: https://www.econbiz.de/10010561495
Cover Image
Top Incomes, Rising Inequality, and Welfare
Lansing, Kevin J.; Markiewicz, Agnieszka - CESifo - 2012
This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...
Persistent link: https://www.econbiz.de/10010877730
Cover Image
Intergenerational Risk-Sharing through Funded Pensions and Public Debt
Chen, Damiaan H.J.; Beetsma, Roel; Ponds, Eduard; Romp, … - CESifo - 2014
We explore the benefits of intergenerational risk-sharing through both private funded pensions and via the public debt. We use a multi-period overlapping generations model with a PAYG pension pillar, a funded pension pillar and a government. Shocks are smoothed via the public debt and variations...
Persistent link: https://www.econbiz.de/10010877853
Cover Image
Prices vs. Quantities with Endogenous Cost Structure
Storrøsten, Halvor Briseid - CESifo - 2014
prices versus tradable quantities in terms of expected welfare, given uncertainty, optimal policy and endogenous cost … structure. I show that one cannot determine which regulatory instrument that induces the highest expected welfare based on the …
Persistent link: https://www.econbiz.de/10010877871