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Political Competition, Tax Salience and Accountability: Theory and Some Evidence from Italy

Bracco, Emanuele; Porcelli, Francesco; Redoano, Michela - CESifo - 2013

This paper argues that high political competition does not necessarily induce policy makers to perform better as previous research has shown. We develop a political economy model and we show that when political competition is tight, and elected politicians can rely on more tax instruments, they...

Persistent link: https://www.econbiz.de/10010877811

Why does Environmental Policy in Representative Democracies Tend to be Inadequate? A Preliminary Public Choice Analysis

Kollmann, Andrea; Schneider, Friedrich - CESifo - 2010

There is a widespread consensus among the most important players in developed countries (voters, politicians, producers, traditional and green interest groups and bureaucracies) that a shift towards an eco-social market economy is essential for sustainable growth. Nevertheless, market-based...

Persistent link: https://www.econbiz.de/10008727290

The Market for Protection and the Origin of the State

Konrad, Kai A.; Skaperdas, Stergios - CESifo - 2005

We examine a stark setting in which security or protection can be provided by self-governing groups or by for-profit entrepreneurs (kings, kleptocrats, or mafia dons). Though self-governance is best for the population, it faces problems of long-term viability. Typically, in providing security...

Persistent link: https://www.econbiz.de/10005765642

Comparative Venture Capital Governance. Private versus Labour Sponsored Venture Capital Funds

Cumming, Douglas J.; MacIntosh, Jeffrey G. - CESifo - 2003

Private independent limited partnership venture capital funds receive capital from institutional investors, without tax incentives. Limited partnership investment activities are governed by restrictive covenants that are determined by negotiated contract between the fund managers (general...

Persistent link: https://www.econbiz.de/10005406303

State Visits and International Trade

Nitsch, Volker - CESifo - 2005

Politicians travel extensively abroad, for various reasons. One purpose of external visits is to improve bilateral economic relations. In this paper, I examine the effect of state visits on international trade. I use a large data set covering the travel activities of the heads of state of...

Persistent link: https://www.econbiz.de/10005406336

Three Family Policies to Reconcile Fertility and Labor Supply

Fenge, Robert; Stadler, Lisa - CESifo - 2014

In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits …

Persistent link: https://www.econbiz.de/10010877797

Daddy Months

Meier, Volker; Rainer, Helmut - CESifo - 2014

We consider a bargaining model in which husband and wife decide on the allocation of time and disposable income. Since her bargaining power would go down otherwise more strongly, the wife agrees to have a child only if the husband also leaves the labor market for a while. The daddy months...

Persistent link: https://www.econbiz.de/10010948876

Family Taxation, Fertility, and Horizontal Equity: A Political Economy Perspective

Balestrino, Alessandro - CESifo - 2012

whether i) the parents control their fertility or not, ii) they value their children or not. Second, it investigates the … all "relevant" senses identical should be treated identically); it turns out that under endogenous fertility, any winning … policy trivially satisfies horizontal equity, but if fertility is exogenous for some of (or all) the parents, horizontal …

Persistent link: https://www.econbiz.de/10010540255

Employment Protection and Fertility: Evidence from the 1990 Italian Reform

Prifti, Ervin; Vuri, Daniela - CESifo - 2012

The aim of this paper is to investigate the effect of Employment Protection Legislation (EPL) on fertility decisions of … positive and sizable effect on fertility decisions of Italian working women. This result is robust to a number of checks …

Persistent link: https://www.econbiz.de/10010547899

Gender Power, Fertility, and Family Policy

Kemnitz, Alexander; Thum, Marcel - CESifo - 2012

show that this time consistency problem leads to a systematic downward bias in fertility choices. By keeping fertility low …, families try to mitigate the ex-ante undesired shift in the power balance. This bias in fertility choices provides scope for … overcome the fertility bias. …

Persistent link: https://www.econbiz.de/10010551434