Showing 1 - 10 of 44
This paper offers a new interpretation of the connection between openness and good governance. Assuming that corruption and bad governance drive out international trade and investment more than domestic trade and investment, a naturally more open economy' as determined by its size and geography...
Persistent link: https://www.econbiz.de/10012470985
Evidence from daily market data is consistent with the view that the implicit tax rate on 5-year municipal bonds was affected by the chance of a flat tax becoming law, as proxied by the price of Steve Forbes' shares on the Iowa Electronic Market for political candidates; the spread was also...
Persistent link: https://www.econbiz.de/10012472227
administration on the productivity and employment of the entire executive branch of the U.S. government using data compiled under the …
Persistent link: https://www.econbiz.de/10012473244
This chapter uses happiness data to assess the quality of government. Our happiness data are drawn from the Gallup … generally over 1,500 national-level observations, we show that government delivery quality is significantly correlated with … national happiness, but democratic quality is not. We also analyze other quality of government indicators. Confidence in …
Persistent link: https://www.econbiz.de/10012479363
This paper develops a simple theoretical framework to study a set of regions, each with its own regional government …, who share a union or central government. These governments must decide whether to implement or discard a large number of … are insensitive to externalities. The key observation here is that the union government is insensitive to local benefits …
Persistent link: https://www.econbiz.de/10012480087
What political legacy can we expect from the Coronavirus pandemic? Drawing evidence from past epidemics, we find that epidemic exposure in an individual's "impressionable years" (ages 18 to 25) has a persistent negative effect on confidence in political institutions and leaders, but not in other...
Persistent link: https://www.econbiz.de/10012481596
Despite evidence to the contrary, three common myths persist about federal regulations. The first myth is that many regulations concern the environment, but in fact only a small minority of regulations are environmental. The second myth is that most regulations contain quantitative estimates of...
Persistent link: https://www.econbiz.de/10012481816
populist government may use trade policy to encourage capitalists to invest in the more labor-intensive industry. Since moving … government falls from power. The populist government may therefore choose to implement the less efficient but politically …
Persistent link: https://www.econbiz.de/10012482577
The federal government owns and administers 472, 892,659 acres or 21% of the land area of the lower US, making it both … the country's largest land owner and among the largest by a central government among western democracies. This condition … federal government and the role of the environmental movement in the process. Market failure and externalities were asserted …
Persistent link: https://www.econbiz.de/10012453015
arise in equilibrium. We address these questions in a reputation model in which the central government can either be a … government's reputation is low enough, then fiscal rules can lead to even more debt accumulation relative to the case with no …
Persistent link: https://www.econbiz.de/10012453772