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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
Do budget institutions play a role in explaining why government effectiveness is higher in some advanced countries than in others? Employing an original panel dataset that spans four different years (1991, 2003, 2007 and 2012) we find that budget centralization has a negative and significant...
Persistent link: https://www.econbiz.de/10011568824
We assess the drivers of fiscal sustainability in 20 OECD economies between 1950 and 2019. We find stable long-term relationships between government revenues and expenditures as well as between the primary budget balance and past public debt ratio for the full panel. Performing an expanding...
Persistent link: https://www.econbiz.de/10014543858
. We find that participation rights provide more procedural utility in terms of a feeling of self-determination and … influence than actual participation. …
Persistent link: https://www.econbiz.de/10011398899
Reciprocity can be a powerful motivation for human behaviour. Scholars argue that it is relevant in the context of private provision of public goods. We examine whether reciprocity can resolve the associated coordination problem. The interaction of reciprocity with cost-sharing is critical....
Persistent link: https://www.econbiz.de/10010383392
In this paper we analyze the influence of direct democratic institutions on the size and development of the shadow economies. The framework developed predicts a negative relationship between the degree of direct democracy and the size of the shadow economy. Countries where direct democratic...
Persistent link: https://www.econbiz.de/10009503812
Over the last several decades, there has been a widespread decrease in civic engagement coinciding with a breakdown in traditional family structures in many countries throughout the developed world. According to Putnam in Bowling alone (2000), however, none of the major declines in civic...
Persistent link: https://www.econbiz.de/10009621793
Persistent link: https://www.econbiz.de/10003630738
public policy may foster or dampen political participation depending on social group affiliation. The policy change we use to … boxes in national elections and they tend to vote more for Arab parties. In contrast, the political participation of Jewish …
Persistent link: https://www.econbiz.de/10011586205
A large literature has claimed that higher political participation increases welfare spending. In this paper, I review … this literature. I study the theoretical link between participation and redistributive spending. Then, I survey the … empirical literature on the link between education, income and political participation, as well as that between political …
Persistent link: https://www.econbiz.de/10011867915