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Subjective well-being, income, economic development and growth

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2010

We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...

Persistent link: https://www.econbiz.de/10010274814

How deep are the roots of economic development?

Spolaore, Enrico; Wacziarg, Romain - 2012

The empirical literature on economic growth and development has moved from the study of proximate determinants to the analysis of ever deeper, more fundamental factors, rooted in long-term history. A growing body of new empirical work focuses on the measurement and estimation of the effects of...

Persistent link: https://www.econbiz.de/10010283630

Growth and volatility of tax revenues in Latin America

Fricke, Hans; Süssmuth, Bernd - 2011

Against the background of a notoriously high macroeconomic instability and the need to raise tax revenues to meet the demands of public spending, this paper analyzes the tradeoff between growth and volatility of tax revenues in Latin America. We use a two-step Engle-Granger-type model to...

Persistent link: https://www.econbiz.de/10010275014

Immunity

Reddy, Karthik; Schularick, Moritz; Skreta, Vasiliki - 2013

corruption where the judicial system is independent, this relationship has more ambiguous effects where the legal system is weak … and susceptible to politicization. These effects remain after controlling for standard determinants of corruption. …

Persistent link: https://www.econbiz.de/10010328842

Individual Behavior and Collective Action: The Path to Iceland's Financial Collapse

Gylfason, Thorvaldur; Zoega, Gylfi - 2019

, a failure due, at least in Iceland, to a combination of mistakes, incompetence and what can only be called corruption …

Persistent link: https://www.econbiz.de/10012141075

Voting, lobbying, and the decentralization theorem

Lockwood, Benjamin - 2007

lobbying, because now decisions are too sensitive to the preferences of the organised group. …

Persistent link: https://www.econbiz.de/10010275667

Can lobbying encourage abatement? Designing a new policy instrument

Lange, Ian A.; Polborn, Sarah - 2012

Taking a political economy perspective this paper proposes an alternative carbon abatement policy instrument with significant advantages over existing policy instruments. The key feature of the proposed carbon securities is that they entitle their owners to a fixed proportion of ex ante unknown...

Persistent link: https://www.econbiz.de/10010281453

How a firm can induce legislators to adopt a bad policy

Dahm, Matthias; Dur, Robert; Glazer, Amihai - 2012

This paper shows why a majority of legislators may vote for a policy that benefits a firm but harms all legislators. The firm may induce legislators to support the policy by suggesting that it is more likely to invest in a district whose voters or representative support the policy. In...

Persistent link: https://www.econbiz.de/10010281930

Globalization for Sale

Blanga-Gubbay, Michael - 2020

We study the role of firms in the political economy of trade agreements. Using detailed information from lobbying … reports filed under the Lobbying Disclosure Act, we find that virtually all firms that lobby on free trade agreements (FTAs …) support their ratification. Moreover, relative to non-lobbying firms, lobbying firms are larger, and more likely to be engaged …

Persistent link: https://www.econbiz.de/10012836007

Natural Disasters, Moral Hazard, and Special Interests in Congress

Kaplan, Carol - 2019

We exploit the precise timing of natural disasters to provide empirical evidence on the connection between electoral accountability and politicians’ support for special interests. We show that, in the immediate aftermath of a disaster, the evening news substantially reduce their coverage of...

Persistent link: https://www.econbiz.de/10012892175