Showing 1 - 10 of 1,593
funds under centralization, whereas educational quality improves under decentralization. However, if the government has full … discretion about the tuition fee level, centralization leads to the efficient quality, fully extracting the income gains from the …
Persistent link: https://www.econbiz.de/10013137444
example of a “delegation-scheme.” Conversely, project aid represents a more “centralized” type of aid. According to the theory …' information is more relevant (centralization). The empirical analysis confirms that the importance of donors' private information …
Persistent link: https://www.econbiz.de/10013073609
-agent framework, it analyzes two alternative policy-decision schemes — ‘decentralization' and ‘centralization' — when ‘knowledge …
Persistent link: https://www.econbiz.de/10013075612
decentralized political systems, this study shows that centralization is likely to result in higher accountability if election …
Persistent link: https://www.econbiz.de/10013156040
decentralization to centralization can affect both the number and the type of lobbies. Under decentralization, if lobbies form they … will always have an effect on policy decision. Under centralization, if lobbies form, lobby competition may completely …
Persistent link: https://www.econbiz.de/10013317103
The paper compares decision-making on the centralisation of public goods provision in the presence of regional externalities under representative and direct democratic institutions. A model with two regions, two public goods and regional spillovers is developed in which uncertainty over the true...
Persistent link: https://www.econbiz.de/10013317425
We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of … the local level. This renders the degree of tax centralization and the tax burden determinate even if none of the … traditional, expenditure-related motives for centralization considered in the fiscal federalism literature is present. If central …
Persistent link: https://www.econbiz.de/10012981295
This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule. There is an even number of decision makers at each of various skill levels and each committee has an odd number of members. Surprisingly, even with the symmetric assumptions in...
Persistent link: https://www.econbiz.de/10013122583
In this paper we construct a political economy model in which minimum wages are determined according to the wishes of the median voter. Using the minimum wage scheme as the status quo, we show that the replacement of minimum wages by wage subsidies guaranteeing the same (pre-tax) level of income...
Persistent link: https://www.econbiz.de/10012760615
We compare single ballot vs dual ballot elections under plurality rule, assuming sincere voting and allowing for partly endogenous party formation. Under the dual ballot, the number of parties is larger but the influence of extremist voters on equilibrium policy is smaller, because their...
Persistent link: https://www.econbiz.de/10012763997