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Votingon the "Optimal" Size of Government
Olters, Jan-Peter - International Monetary Fund (IMF) - 2000
Viewing fiscal policies as the outcome of democratically resolved conflicts of households over public goods and taxes, the “economic model of politics” proposes a public choice approach, which does not rely on social welfare functions. With it, a country’s overall budget can be derived...
Persistent link: https://www.econbiz.de/10005264039
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Hold Your Nose and Vote; Why Do Some Democracies tolerate Corruption?
Pani, Marco - International Monetary Fund (IMF) - 2009
This paper analyses why corruption can persist for long periods in a democracy and inquires whether this can result …, the paper analyzes how corruption distortsthe allocation of resources between public and private expenditure, altering the … citizens can indirectly benefit from corruption. The paper shows that, under this condition, if the citizens anticipate a shift …
Persistent link: https://www.econbiz.de/10004999974
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Italy; 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
This 2013 Article IV Consultation highlights Italy’s assesses measures undertaken to revive economic growth. Italy is …
Persistent link: https://www.econbiz.de/10011243723
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Papua New Guinea; Selected Issues Paper and Statistical Appendix
International Monetary Fund (IMF); International … - 2007
the data set and the empirical methods used to test for the presence of election-influenced spending, and presents the …
Persistent link: https://www.econbiz.de/10011245020
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Ethnic Diversity, Democracy, and Corruption
Yehoue, Etienne B. - International Monetary Fund (IMF) - 2007
I study the link between ethnic diversity, democracy, and corruption. In a static model, I show that contrary to … conventional wisdom, corruption might emerge as a negative externality of democracy. This occurs through ethnicity, which appears … other words, the model predicts that democracy exhibits a threshold effect on corruption. …
Persistent link: https://www.econbiz.de/10005248127
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Corruption, Competition, and Contracts; A Model of Vote Buying
Vardy, Felix J. J.; Morgan, John - International Monetary Fund (IMF) - 2006
In the presence of competing interest groups, this paper examines how the form of votebuying contracts affects policy outcomes. We study contracts contingent upon individual votes, policy outcomes, and/or vote shares. Voters either care about their individual votes, or about the policy outcome....
Persistent link: https://www.econbiz.de/10005248248
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Colonial Origins, Institutions and Economic Performance in the Caribbean; Guyana and Barbados
DaCosta, Michael - International Monetary Fund (IMF) - 2007
The countries that were once British colonies in the Caribbean share a common language and a colonial history of slavery, dominance of a plantation-based sugar industry, and broadly similar government and administrative traditions. Following independence in the late-1960s economic strategies and...
Persistent link: https://www.econbiz.de/10005263739
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Money-Based Versus Exchange-Rate-Based Stabilization; Is there Space for Political Opportunism?
Aisen, Ari - International Monetary Fund (IMF) - 2004
In response to high and chronic inflation, countries have adopted different stabilization policies. However, the extent to which these stabilization programs were designed for political motives is not clear. Since exchange-rate-based stabilizations (ERBS) create an initial consumption boom...
Persistent link: https://www.econbiz.de/10005263919
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Electoral System and Public Spending
Perotti, Roberto; Rostagno, Massimo V.; … - International Monetary Fund (IMF) - 2001
We study the effects of electoral institutions on the size and composition of public expenditure in OECD and Latin American countries. We present a model emphasizing the distinction between purchases of goods and services, which are easier to target geographically, and transfers, which are...
Persistent link: https://www.econbiz.de/10005264182
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The Discipline-Enhancing Role of Fiscal Institutions; Theory and Empirical Evidence
Debrun, Xavier; Kumar, Manmohan S. - International Monetary Fund (IMF) - 2007
emphasize that analysis should pay due attention to simultaneity bias (because disciplined governments may be more likely to …
Persistent link: https://www.econbiz.de/10005825631