Showing 1 - 10 of 41
This paper examines the role of institutions of territorial representation in shaping long-term patterns of inter-regional redistribution within federations. A simple legislative bargaining model with endogenous taxation suggests that over-represented states should be favored in the distribution...
Persistent link: https://www.econbiz.de/10008516553
We study the efficient allocation of spending and taxation authority in a federation in which federal politicians are exposed to electoral uncertainty. We show that centralization may, but need not, result in a loss of electoral accountability. We identify an important asymmetry between positive...
Persistent link: https://www.econbiz.de/10008565925
We study the political economy of state limitations on the taxing powers of local governments, investigating the effects of such restriction on housing markets, community composition, and types of taxes and expenditures undertaken by local governments. We characterize equilibrium when voters...
Persistent link: https://www.econbiz.de/10008565926
In this paper we extend the research on happiness and spatial theory of voting by exploring whether strategic and … sincere voting affect subjective well-being. We conduct the analysis with data on a large sample of individuals over 50 … elections in 16 OECD countries. The results of the analysis show the existence of a negative effect of strategic voting on …
Persistent link: https://www.econbiz.de/10010668416
risk-pooling income-contingent loan is preferred. The paper then discusses the implications on participation and voting …
Persistent link: https://www.econbiz.de/10010752419
We study voting over higher education finance in an economy with risk averse households who are heterogeneous in income …
Persistent link: https://www.econbiz.de/10008516551
Human capital and, therefore, education have an impact on the society’s future welfare. In this paper we study the connection between the voters’ support to public education and the retirement concerns. We show that voters anticipate the positive effect of education on future pensions. The...
Persistent link: https://www.econbiz.de/10010575420
(Regional and Upper-local), as well as data of municipal voting behaviour at three electoral contests held at the different …
Persistent link: https://www.econbiz.de/10008567934
We analyse the effects of local corruption on electoral outcomes with Spanish data. Based upon press reports published between 1996 and 2009, we are able to construct a novel database on corruption scandals and news related to bribe-taking in exchange for amendments to land use plans. Our data...
Persistent link: https://www.econbiz.de/10009024622
By means of a dynamic panel data analysis, and using a database from municipalities of the province of Barcelona (1993-99), we describe their process of fiscal adjustment to a shock in tax capacity. About 25% of the shock is internalized through an increase in tax effort, 35% through a reduction...
Persistent link: https://www.econbiz.de/10005272688