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. Finally, we look at a simple majority voting model. It turns out depending on the distribution of human capital, autarky and … free trade with and without compensation may be the outcome of majority voting …
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This paper investigates the impact of emigration on the political choice regarding the size of the welfare state. Mobility has two countervailing effects: the political participation effect and the tax base effect. With emigration, the composition of the constituency changes. This increases the...
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We theoretically and numerically analyse the impacts for a small, open country with carbon abatement ambitions of joining a coalition with allowance trading. Besides welfare impacts for both the coalition and the small, open economy joining the coalition, we scrutinise how the studied policy...
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The theory of fiscal federalism points out that decentralisation should be pursued in order to fit differences in …
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