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This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We show that the optimal allocation depends on technological factors, the parties' valuations of the goods produced, and the degree of impurity of these goods. When the degree of...
Persistent link: https://www.econbiz.de/10012780020
vote independently of each other. Thus, we receive as an empirical result what the previous voting power literature assumed …
Persistent link: https://www.econbiz.de/10012868829
We evaluate the empirical relevance of de facto vs. de jure determinants of political power in the U.S. South between … majority represents a threat to the de facto power of white elites. Moreover, the effect of race becomes stronger after 1890 …
Persistent link: https://www.econbiz.de/10013103038
the literature on executive pay: the manager power hypothesis and the efficient pay hypothesis. We find support for the … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …
Persistent link: https://www.econbiz.de/10013108264
given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies … weighted by power. Our second result clarifies how the success of an interest group hinges on the dominance of its ideology in … effect of ideological predispositions and power on the efforts of the interest groups …
Persistent link: https://www.econbiz.de/10013096476
this study is its illustration of how the use of fiscal policy affects the local political power of legislators in Brazil …
Persistent link: https://www.econbiz.de/10013059677
political power can lead to multiple equilibria in the determination of public education spending. The main predictions of the …
Persistent link: https://www.econbiz.de/10013319556
five in the unification of three fundamental sociobehavioral forces - justice, status, and power - and the subsequent …
Persistent link: https://www.econbiz.de/10013317201
This paper studies the consequences of the buildup of a new economic sector the Norwegian petroleum industry on investment in human capital. We assess both short-term and long-term effects for a broad set of educational margins, by comparing individuals in regions exposed to the new sector with...
Persistent link: https://www.econbiz.de/10014347038
mixed-gender productivity, gender roles and gender identity. Our context is the military in Norway, where we randomly …
Persistent link: https://www.econbiz.de/10012926728