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Understanding the Democratic Transition in South Africa
Inman, Robert P.; Rubinfeld, Daniel L. - National Bureau of Economic Research (NBER) - 2012
South Africa's transition from apartheid to democracy stands as one of the past century's most important political events. The transition has been successful to this point because the new constitution adopted a form of federal governance that has been able to provide protection for the economic...
Persistent link: https://www.econbiz.de/10009652749
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A Political Economy Theory of Partial Decentralization
Hatfield, John William; Miquel, Gerard Padró i - National Bureau of Economic Research (NBER) - 2008
partial decentralization. A capital poor median voter wants to use capital taxes to provide public goods. This results in …. Decentralization provides such a commitment: local governments avoid using capital taxes due to the pressure of tax competition. We … therefore obtain that the median voter favors a partial degree of decentralization. The equilibrium degree of decentralization …
Persistent link: https://www.econbiz.de/10005829026
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Games and Resources
Harstad, Bård; Liski, Matti - National Bureau of Economic Research (NBER) - 2012
This article presents a sequence of simple and related models to analyze the strategic use of natural resources. Game theory is the natural tool for such an analysis, whether the resource is private or publicly owned, whether it is renewable or exhaustible, whether the game is static or dynamic,...
Persistent link: https://www.econbiz.de/10010969250
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State Capacity and Economic Development: A Network Approach
Acemoglu, Daron; Robinson, James Alan; García-Jimeno, … - National Bureau of Economic Research (NBER) - 2014
We study the direct and spillover effects of local state capacity using the network of Colombian municipalities. We model the determination of local and national state capacity as a network game in which each municipality, anticipating the choices and spillovers created by other municipalities...
Persistent link: https://www.econbiz.de/10010969364
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People, Places and Public Policy: Some Simple Welfare Economics of Local Economic Development Programs
moretti, enrico; Kline, Patrick - National Bureau of Economic Research (NBER) - 2013
Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of "place based" policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place...
Persistent link: https://www.econbiz.de/10010887109
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Will Divestment from Employment-Based Health Insurance Save Employers Money? The Case of State and Local Governments
Goldhaber-Fiebert, Jeremy D.; Studdert, David M.; … - National Bureau of Economic Research (NBER) - 2014
Reforms introduced by the Affordable Care and Patient Protection Act (ACA) build new sources of coverage around employment-based health insurance. But what if firms find it cheaper to have their employees obtain insurance from these sources, even after accounting for penalties (for non-provision...
Persistent link: https://www.econbiz.de/10010950661
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Fifty Ways to Leave a Child Behind: Idiosyncrasies and Discrepancies in States' Implementation of NCLB
Reback, Randall; Davidson, Elizabeth; Rockoff, Jonah E.; … - National Bureau of Economic Research (NBER) - 2013
The No Child Left Behind (NLCB) Act required states to adopt accountability systems measuring student proficiency on state administered exams. Based on student test score performance in 2002, states developed initial proficiency rate targets and future annual benchmarks designed to lead students...
Persistent link: https://www.econbiz.de/10010950967
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Gaming in Air Pollution Data? Lessons from China
Chen, Yuyu; Jin, Ginger Zhe; Kumar, Naresh; Shi, Guang - National Bureau of Economic Research (NBER) - 2013
Protecting the environment during economic growth is a challenge facing every country. This paper focuses on two regulatory measures that China has adopted to incentivize air quality improvement: publishing a daily air pollution index (API) for major cities since 2000 and linking the API to...
Persistent link: https://www.econbiz.de/10010951438
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On Fiscal Illusion and Ricardian Equivalence in Local Public Finance
Banzhaf, Spencer; Oates, Wallace E. - National Bureau of Economic Research (NBER) - 2012
We re-evaluate two forms of fiscal illusion in local public finance: debt illusion and renter illusion. The Ricardian Equivalence Theorem for local governments suggests the form of finance of a public program (tax or debt finance) has no effects on substantive outcomes. For the local case, this...
Persistent link: https://www.econbiz.de/10011271460
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Mansion Tax: The Effect of Transfer Taxes on the Residential Real Estate Market
Kopczuk, Wojciech; Munroe, David J. - National Bureau of Economic Research (NBER) - 2014
Houses and apartments sold in New York and New Jersey at prices above $1 million are subject to the so-called 1% "mansion tax" imposed on the full value of the transaction. This policy generates a discontinuity (a "notch") in the overall tax liability. We rely on this and other discontinuities...
Persistent link: https://www.econbiz.de/10011276106