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preferences by implementing parallel survey experiments in Germany and the United States. In both countries, support for increased …
Persistent link: https://www.econbiz.de/10012455872
We study the formation of a ruling coalition in political environments. Each individual is endowed with a level of political power. The ruling coalition consists of a subset of the individuals in the society and decides the distribution of resources. A ruling coalition needs to contain enough...
Persistent link: https://www.econbiz.de/10012465911
We investigate equilibrium impacts of federal policies such as free-college proposals, taking into account that human capital production is cumulative and that state governments have resource constraints. In the model, a state government cares about household welfare and aggregate educational...
Persistent link: https://www.econbiz.de/10012480368
Allocation of resources in the local public sector involves economic and political forces. Spending for elementary and secondary education is a major area of public expenditure. In many states, the bulk of this spending is subject to referendum. In addition, grants-in-aid from state governments...
Persistent link: https://www.econbiz.de/10012476662
This paper shows that social capital increases economic growth by raising government investment in human capital. We present a model of stochastic endogenous growth with imperfect political agency. Only some people correctly anticipate the future returns to current spending on public education....
Persistent link: https://www.econbiz.de/10012453183
This paper employs a new empirical approach for identifying the impact of government spending on the private sector. Our key innovation is to use changes in congressional committee chairmanship as a source of exogenous variation in state-level federal expenditures. In doing so, we show that...
Persistent link: https://www.econbiz.de/10012462813
It is widely believed that politicians allocate public resources in ways to maximize political gains. But what is less clear is whether this comes at a cost to welfare; and if so, whether alternative electoral rules can help reduce these costs. In this paper, we address both of these questions by...
Persistent link: https://www.econbiz.de/10012456813
Economists have studied the impact of numerous state laws, from welfare rules to voting ID requirements. Yet for all this policy evaluation, what do we know about policy diffusion--how these policies spread from state to state? We present a series of facts based on a data set of over 700 U.S....
Persistent link: https://www.econbiz.de/10013334361
suggest that state-level politics and the politicization of an issue impacts institutional investors' votes …
Persistent link: https://www.econbiz.de/10015056196
We examine the effects of the State Innovation Models (SIM) on population-level health status. The SIM initiative provided $250 million to six states in 2013 for delivery system reforms. We use data from the Behavioral Risk Factor Surveillance System for the years 2010 -- 2016 to compare health...
Persistent link: https://www.econbiz.de/10012480305