Narrow search
Showing 1 - 10 of 78
Cover Image
Coordinating Intergenerational Redistribution and the Repayment of Public Debt
March, Christoph; von Weizsäcker, Robert K. - 2016
Is there a link between public debt and wealth inequality? Could government bondholders use intra-generational redistribution strategically to make the repayment of debt politically viable? Using a two-generations game-theoretic model, we identify coordination and divide-and-conquer as key...
Persistent link: https://www.econbiz.de/10011555517
Cover Image
Voter Confirmation Bias and Electoral Accountability
Lockwood, Benjamin - 2015
This paper considers the implications of an important cognitive bias in information processing, confirmation bias, in a political agency setting. In the baseline two-period case where only the politician’s actions are observable before the election, we show that when voters have this bias, it...
Persistent link: https://www.econbiz.de/10011307085
Cover Image
Earmarking and the Political Support of Fat Taxes
Cremer, Helmuth; Goulão, Catarina; Roeder, Kerstin - 2015
majority voting. Individuals vote according to their misperceived utility function. Consequently, excessive fat consumption is …
Persistent link: https://www.econbiz.de/10011388188
Cover Image
The Political Economy of Cordon Tolls
De Borger, Bruno; Russo, Antonio - 2015
owners of land in different locations. Assuming majority voting we show that the equilibrium toll is below the socially …
Persistent link: https://www.econbiz.de/10011388228
Cover Image
Political economy of commuting subsidies
Borck, Rainald; Wrede, Matthias - 2004
We study the political economy of commuting subsidies in a model of a mono-centric city with two income classes. Depending on housing demand and transport costs, either the rich or the poor live in the central city and the other group in the suburbs. Commuting subsidies increase the net income...
Persistent link: https://www.econbiz.de/10010261087
Cover Image
How should large and small countries be represented in a currency union?
Berger, Helge; Mueller, Till - 2004
apparent mismatch between relative economic size and voting rights in the Council. We present a simple model of optimal … representation in a federal central bank addressing this question. Optimal voting weights reflect two opposing forces: the wish to … passive reaction to idiosyncratic national economic shocks. A perfect match between economic size and voting rights is rarely …
Persistent link: https://www.econbiz.de/10010261091
Cover Image
Tax morale and optimal taxation
Gueth, Werner; Sausgruber, Rupert - 2004
We study experimentally how taxpayers choose between two tax regimes to fund a public good. The first-best tax regime imposes a general, distortion-free income tax. However, this tax cannot be enforced. The second-best alternative supplements the income tax by a specific commodity tax. This tax...
Persistent link: https://www.econbiz.de/10010261266
Cover Image
The political economy of corruption and the role of financial institutions
Boerner, Kira; Hainz, Christa - 2004
positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …
Persistent link: https://www.econbiz.de/10010261273
Cover Image
Migration and the welfare state : the economic power of the non-voter?
Boerner, Kira; Uebelmesser, Silke - 2005
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...
Persistent link: https://www.econbiz.de/10010261313
Cover Image
The evolution of public spending on higher education in a democracy
Haupt, Alexander - 2005
This paper analyses political forces that cause an initial expansion of public spending on higher education and an ensuing decline in subsidies. Growing public expenditures increase the future size of the higher income class and thus boost future demand for education. This demand shift implies...
Persistent link: https://www.econbiz.de/10010261394