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Efficiency, welfare, and political competition
Bierbrauer, Felix; Boyer, Pierre C. - 2014
We study political competition in an environment in which voters have private information about their preferences. Our framework covers models of income taxation, public-goods provision or publicly provided private goods. Politicians are vote-share-maximizers. They can propose any policy that is...
Persistent link: https://www.econbiz.de/10010358277
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(Re-)distribution of personal incomes, education and economic performance across countries
Rehme, Günther - 2002
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this … partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …
Persistent link: https://www.econbiz.de/10011409838
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Optimal redistribution : rising inequality vs. rising living standards
Ferriere, Axelle; Grübener, Philipp; Sachs, Dominik - 2024
standards. The workhorse models of optimal income taxation call for more redistribution as inequality rises. By contrast, living …. Rising living standards dampen by at least 25% the desired increase in redistribution due to rising inequality. …
Persistent link: https://www.econbiz.de/10014551008
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Do social policies harm employment and growth?
Ploeg, Frederick van der - 2003
Persistent link: https://www.econbiz.de/10011506447
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Refugee resettlement, redistribution and growth
Azarnert, Leonid V. - 2018
growth model with endogenous fertility. I show how refugee resettlement from a more advanced and wealthier economy to a less … economic growth in both economies. …
Persistent link: https://www.econbiz.de/10011814840
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Self-preserving leviathans : evidence from regional-level data
Kluge, Jan; Markwardt, Gunther; Thater, Christian - 2015
This paper investigates the impact of the intensity of political competition on the leviathan behavior by political incumbents. Using panel data from German municipalities, we test whether the relative political strength of parties in local councils influences the spending behavior of...
Persistent link: https://www.econbiz.de/10010475339
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Intergovernmental grants as signals and the alignment effect : theory and evidence
Bracco, Emanuele; Lockwood, Ben; Porcelli, Francesco; … - 2015
This paper provides a simple political agency model to explain the effect of political alignment between different tiers of government on intergovernmental grants and election outcomes. Key features of the model are: (i) rational voters interpret public good provision as a signal of incumbent...
Persistent link: https://www.econbiz.de/10010479915
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Public debt and the political economy of reforms
Boyer, Pierre C.; Esslinger, Christoph; Roberson, Brian - 2021
We develop a two-period model of redistributive politics in which two politicians compete in an election in each period. In the first period, the politicians propose both whether to experiment with an efficient reform with uncertain benefits and choose the amount of public debt. Politicians also...
Persistent link: https://www.econbiz.de/10012491550
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Political competitiveness and fiscal structure : a time series analysis : Canada, 1870 - 2015
Ferris, John Stephen; Winer, Stanley L. - 2018
We investigate the extent to which the intensity of political competition moderates the governance issues that arise in relation to Canada’s fiscal structure. By fiscal structure we mean three distinct but interrelated fiscal dimensions of the state: financial stability, long run size and...
Persistent link: https://www.econbiz.de/10011899070
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Political competition and the strategic adoption of free trade agreements
Ornelas, Emanuel - 2024
I study how political competition affects the feasibility of free trade agreements (FTAs). I show that the possibility of political turnover creates strategic motivations for the formation of FTAs. Specifically, a government facing a high enough probability of losing power will have an incentive...
Persistent link: https://www.econbiz.de/10015077834