Showing 1 - 10 of 18
Over 10 years ago, Feld and Voigt (2003) introduced the first indicator for objectively meas-uring the actual independence of the judiciary and demonstrated its utility in a large cross-section of countries. The indicator has been widely used, but also criticized. This paper pre-sents more...
Persistent link: https://www.econbiz.de/10010948870
This chapter presents some insights from basic behavioural research on the role of human pro-social motivation to maintain social order. I argue that social order can be conceptualized as a public good game. Past attempts to explain social order typically relied on the assumption of selfish and...
Persistent link: https://www.econbiz.de/10010756165
Rational politicians are interested in judicial independence (JI) in order to make their promises credible. But if politicians’ preferences deviate from the dicta of the judiciary, they also have incentives to renege on judicial independence. These two conflicting aspects are measured by two...
Persistent link: https://www.econbiz.de/10005181591
It has been argued that procedural formalism undermines economic efficiency by fostering rent-seeking and corruption. We challenge this view by arguing that a number of judicial procedures foster economic growth by increasing the predictability of court decisions, which leads to more...
Persistent link: https://www.econbiz.de/10005416509
constitutions in order to obtain efficient allocations of public goods and to limit tax distortions. We show that if public goods … are second-best constitutions. Equal treatment regarding taxes and subsidies is undesirable . Super majority rules and … constitution a society will adopt. …
Persistent link: https://www.econbiz.de/10005766192
decisions and intergenerational transfers are governed by self-enforcing family constitutions. We then show that first and … redistribution might be supported by either a constitution, or some kind of voting equilibrium. …
Persistent link: https://www.econbiz.de/10005181293
According to reputational models of political economy, a term limit may change the behavior of a chief executive because he does not have to stand for election. We test this hypothesis in a sample of 52 countries over the period 1977-2000, using government spending, social and welfare spending...
Persistent link: https://www.econbiz.de/10005766065
This paper investigates on the demographic, economic, political and cultural determinants of direct democracy in 87 countries using an index of direct democracy. The test is interesting since there are important variations across these countries in the referendum and initiative use. We apply a...
Persistent link: https://www.econbiz.de/10005196243
This paper surveys some recent literature on fiscal policy and comparative politics. Economic policy is viewed as the outcome of a game with multiple-principals and multiple-agents. Opportunistic politicians bargain over policy. Rational voters hold them accountable through retrospective voting....
Persistent link: https://www.econbiz.de/10005406326
This paper explores the idea that institutional details matter and that attempts to estimate the economic effects of federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal component analysis, seven aspects of both federalism and...
Persistent link: https://www.econbiz.de/10005013947