Showing 1 - 10 of 86
This paper provides new evidence on the determinants of the US federal budget allocation to the states. Departing from the existing literature that gives prominence to Congress, we carry on an empirical investigation on the impact of Presidents during the period 1982-2000. Our findings suggest...
Persistent link: https://www.econbiz.de/10010745501
Using cross-sectional analysis of corporate dividend policy we show that large shareholders extract rents from firms …
Persistent link: https://www.econbiz.de/10011071083
We model the coordination of specialised tasks inside an organisation as "attribute matching". Using this method, we compare the performance of organisational forms (M-form and U-form) in implementing changes such as innovation and reform. In our framework, organisational forms affect the...
Persistent link: https://www.econbiz.de/10010928762
The paper investigates the intertemporal spending behavior of Scandinavian local governments with particular attention to liquidity constraints imposed by balanced-budget-rules and other regulations. The main finding is that Danish local governments are more able to smooth current expenditures...
Persistent link: https://www.econbiz.de/10005779752
In this paper we investigate the determinants of municipal labour demand in Sweden 1988-1995. Utilising a major grant reform in 1993, through which a switch from mainly targeted to mainly general central government grants occurred, we are able to identify which type of grants that have the...
Persistent link: https://www.econbiz.de/10005419221
In this paper, we develop an empirical framework for detecting the existence and estimating the magnitude of the softness of a budget constraint. The defining feature of a soft budget constraint is a subordinate organization’s expectations of being bailed out by a superior organization in case...
Persistent link: https://www.econbiz.de/10005644549
In their role as agenda setters and implementers of political decisions, bureaucrats potentially have the power to influence decisions in their own favor. It is however difficult to empirically test whether bureaucrats actually are involved in such actions. In this paper we suggest and apply a...
Persistent link: https://www.econbiz.de/10005644609
Sweden has undertaken major national reforms of its school sector which, consequently, has been classified as one of the most decentralized ones in the OECD. This paper investigates whether school resources became more unequally distributed across municipalities in connection with the reforms...
Persistent link: https://www.econbiz.de/10005644635
Under the New Labour government, the neighbourhood emerged prominently as a site for policy interventions and as a space for civic activity, resulting in the widespread establishment of neighbourhood-level structures for decision-making and service delivery. The future existence and utility of...
Persistent link: https://www.econbiz.de/10010745473
This paper aims to understand how corruption responds to financial incentives and, in particular, it is an attempt to identify the causal impact of a wage loss on the prevalence of corruption in the education sector. Specifically, we exploit the unexpected wage cut in May 2010 that affected all...
Persistent link: https://www.econbiz.de/10010690426