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This paper surveys the empirical research on fiscal institutions of the last three decades. The main results are: (i) Constitutional or statutory fiscal limitations have in most cases proved to be effective in cutting down public expenditure, revenue, and debt. (ii) Budgetary proce-dures matter...
Persistent link: https://www.econbiz.de/10011408436
This paper exploits a novel trial in Norwegian local elections in 2011 to provide empirical evidence on fiscal performance from lowering the minimum voting age from 18 to 16. Using a difference in differences research strategy, we find that this voting age change reduced the net operating...
Persistent link: https://www.econbiz.de/10014252321
I argue that whether or not a state is predatory hinges on the relationship between development and the distribution of political power in society. Development is typically inconsistent with the preservation of the political status quo and this gives those who initially hold political power an...
Persistent link: https://www.econbiz.de/10009781676
One concern about direct democracy is that citizens may not be sufficiently competent to decide about complex policies …
Persistent link: https://www.econbiz.de/10011922007
Since objective news coverage is vital to democracy, captured media can seriously distort collective decisions. The …
Persistent link: https://www.econbiz.de/10002578084
. To identify the reasons for this insufficient implementation in the past decade the Public Choice theory is used. The …
Persistent link: https://www.econbiz.de/10008699051
mitigation ; income inequality ; democracy ; trade ; welfare ; collective choice ; political economy …
Persistent link: https://www.econbiz.de/10008732330
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