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This paper argues that there is nothing anomalous about the flypaper effect. I develop a simple median voter model of government spending with costly tax collection that predicts the flypaper effect and provide a quantifiable measure of its magnitude. Using the model insights and previous...
Persistent link: https://www.econbiz.de/10011125879
This study attempts to give the reader an understanding of social stratification in the Gulf Cooperation Council (GCC) states – Kuwait, Saudi Arabia, Bahrain, Qatar, the United Arab Emirates and Oman. Using the principal–agent theoretical framework for examining both the socio-economic...
Persistent link: https://www.econbiz.de/10011125903
This paper looks at the current state of relations between Iran and the states of the Gulf Cooperation Council (GCC) and places these relations in their recent historical context, aiming to tease out their underlying dynamics and likely future evolution. In particular, the paper examines the...
Persistent link: https://www.econbiz.de/10011125968
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Since the early 2000s the number and size of sovereign wealth funds (SWF) have grown substantially. A large proportion of these government-owned and government-run funds were created by oil producing countries in the Gulf region and elsewhere. These funds have made some high-profile investments...
Persistent link: https://www.econbiz.de/10011126123
The report, published by the Earth Institute and co-edited by the institute’s director, Jeffrey Sachs, reflects a new worldwide demand for more attention to happiness and absence of misery as criteria for government policy. It reviews the state of happiness in the world today and shows how the...
Persistent link: https://www.econbiz.de/10011126147
This is an independent account of the work of the Incommunities About Turn project to support households in difficulty with ther tenancy. The project has run for 3 years and has a track record in dealing with difficult tenancies. LSE Housing has examined the tenancy records, evidence from staff...
Persistent link: https://www.econbiz.de/10011126185
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