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Democracy, inequality and the environment when citizens can mitigate privately or act collectively
Bernard, Sophie; Hotte, Louis; Winer, Stanley L. - 2010
We study the political economy of the environment in autocratic, weak and strong democracies when individuals can either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public policy. The setting is that of a small open economy in which...
Persistent link: https://www.econbiz.de/10010274898
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Inequality Undermines Democracy and Growth
Gylfason, Thorvaldur - 2019
in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …
Persistent link: https://www.econbiz.de/10012892099
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Taxation Under Direct Democracy
Geschwind, Stephan; Roesel, Felix - 2021
effects of direct democracy. Town meetings (popular assemblies) replace local councils in small German municipalities below a … specific population threshold. Difference-in-differences, RD and event study estimates consistently show that direct democracy …% under direct democracy. We do not find that business tax rates change. Direct democracy allows citizens to design tax …
Persistent link: https://www.econbiz.de/10013220134
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Arm's Length Provision of Public Services
Bennedsen, Morten; Schultz, Christian - 2021
We analyze the economic consequences of strategic delegation of the right to decide between public or private provision of a governmental service and/or the authority to negotiate and renegotiate with the chosen service provider. Our model encompasses both bureaucratic delegation from a...
Persistent link: https://www.econbiz.de/10013316659
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Does the Winner Take it All? Redistributive Policies and Political Extremism
Daniele, Gianmarco - 2020
We show that regional heterogeneity of underlying fundamentals (e.g. economic history, geography, social capital) can lead to extreme voting in federations. When the outcome of federal policies – such as transfer schemes, market regulation or migration laws – depends on these fundamentals,...
Persistent link: https://www.econbiz.de/10012836939
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Dynamic Fiscal Competition : A Political Economy Theory
Arcalean, Calin - 2019
I develop a political economy theory of dynamic fiscal competition via public spending and debt. With internationally …
Persistent link: https://www.econbiz.de/10012891564
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Collective Choice with Heterogeneous Time Preferences
Pakhnin, Mikhail - 2021
This paper reviews recent research on the aggregation of heterogeneous time preferences. Main results are illustrated in simple Ramsey models with two or three agents who differ in their discount factors. We employ an intertemporal view on these models and argue that preferences of a decision...
Persistent link: https://www.econbiz.de/10013222212
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Political Stasis or Protectionist Rut? Policy Mechanisms for Trade Reform in a Democracy
Blanchard, Emily J. - 2012
This paper analyzes the dynamics of trade policy reform under democracy. In an overlapping generations model …
Persistent link: https://www.econbiz.de/10012755373
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Read My Lips? Taxes and Elections
Fuest, Clemens; Gründler, Klaus; Potrafke, Niklas; … - 2021
We introduce a new dataset that includes quantitative harmonized indices of tax reforms based on qualitative information of about 900 Economic Surveys from the OECD and 37,000 tax-related news from the IBFD archives. The data set provides indicators on tax reforms for tax rates and tax bases,...
Persistent link: https://www.econbiz.de/10013314686
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Migrants' Missing Votes
Giesing, Yvonne; Schikora, Felicitas - 2021
Emigrants are less likely to participate in elections in their home country. They are also self-selected in terms of education, gender, age, and political preferences, changing the structure of the origin population. High emigration rates can therefore have a systematic influence on election...
Persistent link: https://www.econbiz.de/10013315300