Showing 1 - 10 of 317
In this paper, we study the aggregate and distributional implications of a smaller public sector in the euro area. By a smaller public sector, we mean a reduction in public debt and/or cuts in public spending, when such changes in fiscal policy are accommodated by adjustment in various taxes....
Persistent link: https://www.econbiz.de/10010288716
As the COVID-19 pandemic has shaped public policies and government finances, it has also influenced the topics that public finance economists are researching. Because the 2020 International Institute of Public Finance (IIPF) Congress featured papers that were submitted prior to the start of the...
Persistent link: https://www.econbiz.de/10012657946
Democracy usually is identified by the right to vote. However, in recent times voting procedures have been criticized … process. We suggest invigorating an old but nearly forgotten procedure to overcome this deficit: Aleatoric Democracy based on … considered. Persons and ideas, being so far disregarded, are taken into account. Democracy becomes vivid and creative, and does …
Persistent link: https://www.econbiz.de/10011584928
new instrument for democracy and the extension of the franchise, the effect of decolonisation on democracy in the … colonising country’s democratisation to identify the causal effect of democracy on heights. We find robust evidence of a link … between democratic quality and human stature. The results indicate that the transition to democracy increased average male …
Persistent link: https://www.econbiz.de/10012052807
quality of democracy. However, there is a non-negligible share of democracies that implement a minority-backed amount of …
Persistent link: https://www.econbiz.de/10010480862
Does trade openness systematically imply bigger governments, as proposed by Rodrik (1998)? This paper presents a novel and more refined explanation for when and why international trade may enlarge the public sector. We propose that trade openness is associated with bigger governments if (i) the...
Persistent link: https://www.econbiz.de/10012141033
A reasonable future for Europe can only be achieved if two essential elements are fulfilled: Firstly, newly established institutions must be democratic and have strong support from citizens rather than from national governments. Secondly, the large number of different ethnic, cultural,...
Persistent link: https://www.econbiz.de/10012892304
new instrument for democracy and the extension of the franchise, the effect of decolonisation on democracy in the … colonising country’s democratisation to identify the causal effect of democracy on heights. We find robust evidence of a link … between democratic quality and human stature. The results indicate that the transition to democracy increased average male …
Persistent link: https://www.econbiz.de/10012866876
In this paper we investigate the interplay between national rainy-day funds and supra-national transfers in a fiscal union. Given that the EU has established rules limiting deficits, national rainy-day funds could in theory provide a way for countries to obey the rules and use fiscal policy, yet...
Persistent link: https://www.econbiz.de/10011555560
This paper studies theoretically and empirically competition in commodity taxation and product market regulation … commodity taxation and product market regulation are interdependent policies. We find absence of strategic interaction in … commodity taxation between governments. Furthermore, we show that domestic regulation has a negative effect on domestic …
Persistent link: https://www.econbiz.de/10011615900