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In this paper we present three simple theoretical models to explain the influence of the possibility to make non-binding announcements on future investment behaviour in public good settings. Our models build on the idea that voluntary contributions to the supply of a public good might be...
Persistent link: https://www.econbiz.de/10010296778
Rational partisan theory of political business cycles suggests differences in inflation under left-wing and right …
Persistent link: https://www.econbiz.de/10010305442