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Egorov, Georgy; Harstad, Bård - National Bureau of Economic Research (NBER) - 2013

We develop a dynamic game to explore the interaction between regulation and private policies, such as self-regulation by firms and activism. Without a public regulator, the possibility of self-regulation is bad for the firm, but good for activists who are willing to maintain a costly boycott to...

Persistent link: https://www.econbiz.de/10010969231

Fiscal Federalism and Legislative Malapportionment: Causal Evidence from Independent but Related Natural Experiments

Galiani, Sebastian; Torre, Iván; Torrens, Gustavo - National Bureau of Economic Research (NBER) - 2014

biased federal tax sharing scheme prevalent in the country. We do not find support to attribute it to legislative … malapportionment during periods when democratic governments were in place; nor did we find any evidence that the tax sharing … democratic and autocratic governments. Thus, the observed biases in the distribution of tax revenues among the Argentine …

Persistent link: https://www.econbiz.de/10010969273

Experimentation in Federal Systems

Callander, Steven; Harstad, Bård - National Bureau of Economic Research (NBER) - 2013

We present a model where heterogeneous districts choose both whether to experiment and the policies to experiment with. Since districts learn from each other, the first-best requires that policy experiments converge so that innovations are useful also for neighbors. However, the equilibrium...

Persistent link: https://www.econbiz.de/10010969343

Conflict, Evolution, Hegemony, and the Power of the State

Levine, David; Modica, Salvatore - National Bureau of Economic Research (NBER) - 2013

inefficiently high taxes, high compensation for state officials, and low welfare. …

Persistent link: https://www.econbiz.de/10010950707

Third-Party Opportunism and the Nature of Public Contracts

spiller, pablo t.; Moszoro, Marian W. - National Bureau of Economic Research (NBER) - 2012

The lack of flexibility in public procurement design and implementation reflects public agents' political risk adaptation to limit hazards from opportunistic third parties - political opponents, competitors, interest groups - while externalizing the associated adaptation costs to the public at...

Persistent link: https://www.econbiz.de/10010950960

Elections and the Quality of Public Officials: Evidence from U.S. State Courts

Snyder, James M. Snyder, Jr.; Lim, Claire S.H. - National Bureau of Economic Research (NBER) - 2012

We investigate the influence of electoral rules and voter information in elections on voting outcomes and the quality of public officials, using new data on state court judge elections in 39 states in the U.S. from 1990 to 2010. We find, first, that voting is very partisan in partisan judicial...

Persistent link: https://www.econbiz.de/10010951100

Autocracy, Democracy and Trade Policy

Galiani, Sebastian; Torrens, Gustavo - National Bureau of Economic Research (NBER) - 2013

determination of a country's political regime, trade policy and income-tax-based redistribution scheme. Three socioeconomic groups …

Persistent link: https://www.econbiz.de/10010951164

Isolated Capital Cities and Misgovernance: Theory and Evidence

guimaraes, bernardo; Campante, Filipe R.; Do, Quoc-Anh - National Bureau of Economic Research (NBER) - 2013

Motivated by a novel stylized fact - countries with isolated capital cities display worse quality of governance - we provide a framework of endogenous institutional choice based on the idea that elites are constrained by the threat of rebellion, and that this threat is rendered less effective by...

Persistent link: https://www.econbiz.de/10010951385

Private Returns to Public Office

Fisman, Raymond; Schulz, Florian; Vig, Vikrant - National Bureau of Economic Research (NBER) - 2012

We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...

Persistent link: https://www.econbiz.de/10011271399

Federal Budget Rules: The US Experience

Auerbach, Alan - National Bureau of Economic Research (NBER) - 2008

Like many other developed economies, the United States has imposed fiscal rules in attempting to impose a degree of fiscal discipline on the political process of budget determination. The federal government has operated under a series of budget control regimes that have been complex in nature...

Persistent link: https://www.econbiz.de/10005084620

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