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Gerontocracy revisited : unilateral transfer to the young may benefit the middle-aged

Poutvaara, Panu - 2001

-aged owning land may gain by providing public education even when they cannot tax the young. This requires that labor is not …

Persistent link: https://www.econbiz.de/10011398916

How institutions shape land deals : the role of corruption

Bujko, Matthias; Fischer, Christian; Krieger, Tim; … - 2015

Large-scale land acquisitions often take place in developing countries which are also known for their corruption …-friendliness caused by weak institutional frameworks. We hypothesize that corruption indeed leads to more land deals. We argue that … large-scale land deals indeed occur more often in countries with higher levels of corruption. The estimated effects are also …

Persistent link: https://www.econbiz.de/10010475338

Land trade and development : a market design approach

Bryan, Gharad; De Quidt, Jonathan; Wilkening, Tom; … - 2017

high returns to land consolidation and reallocation. Complementarities, holdout and asymmetric information mean that … private trade will be slow to reallocate land, and imply that market design has the potential to contribute to the development …, comparing the performance of several continuous-time land exchanges. Farmers are able to achieve high degrees of efficiency, and …

Persistent link: https://www.econbiz.de/10011672473

Pricing the ecosystem and taxing ecosystem services : a general equilibrium approach

Eichner, Thomas (contributor); Pethig, Ruediger (contributor) - 2007

Persistent link: https://www.econbiz.de/10003497662

The political competition-economic performance puzzle : evidence from the OECD countries and the Italian regions

Padovano, Fabio (contributor); Ricciuti, Roberto (contributor) - 2008

Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...

Persistent link: https://www.econbiz.de/10003763178

Consumption risk sharing over the business cycle : the role of small firms' access to credit markets

Hoffmann, Mathias; Stewen, Iryna - 2009

Consumption risk sharing among U.S. federal states increases in booms and decreases in recessions. We find that small firms' access to credit markets plays an important role in explaining this stylized fact: business cycle fluctuations in aggregate risk sharing are more pronounced in states in...

Persistent link: https://www.econbiz.de/10003807913

Response to Baker and Fugh-Berman's critique of my paper, "Why has longevity increased more in some states than in others?"

Lichtenberg, Frank R. - 2009

Dean Baker and Adriane Fugh-Berman have published a critique of a study I performed in 2007, entitled "Why has longevity increased more in some states than in others?ʺ One of the conclusions I drew from that study was that medical innovation accounts for a substantial portion of recent...

Persistent link: https://www.econbiz.de/10003861794

Reforming legislatures : is one house better than two?

Facchini, Giovanni; Testa, Cecilia - 2009

During the last decade unicameral proposals have been put forward in fourteen US states. In this paper we propose a theoretical framework casting some lights on the drawbacks of bicameral state legislatures and on the effects of the proposed constitutional reforms. In a setting where lawmakers...

Persistent link: https://www.econbiz.de/10003850512

Does direct democracy reduce the size of government? : new evidence from historical data, 1890 - 2000

Funk, Patricia; Gathmann, Christina - 2009

Using a new dataset of Swiss cantons from 1890 to 2000, we estimate the causal effect of direct democracy on government spending. Our analysis is novel in two ways: first, we use fixed effects to control for unobserved heterogeneity; second, we combine a new instrument with fixed effects to...

Persistent link: https://www.econbiz.de/10003854446

Institutionalized bailouts and fiscal policy : the consequences of soft budget constraints

Fink, Alexander; Stratmann, Thomas - 2009

States have soft budget constraints when they can expect a bailout by the federal government in the event of a financial crisis. This gives rise to incentives for unsound state fiscal policy. We test whether states with softer budget constraints have higher debt and deficits, receive more...

Persistent link: https://www.econbiz.de/10003897291