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This article investigates the relationship between representation in legislatures and the geographic distribution of federal funds. In a legislative bargaining model, we demonstrate that funds are concentrated in high representation areas, and two channels underlie this result. The proposal...
Persistent link: https://www.econbiz.de/10005392695
This paper describes an efficiency approach to the evaluation of policy changes. Rather than comparing the utility allocations that arise before and after a policy change is introduced, this approach evaluates a policy change by comparing it with other possible changes which might be made from...
Persistent link: https://www.econbiz.de/10005072268