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We study the intergenerational conflict over the provision of public education. This conflict arises because older households without children have weaker incentives to support the provision of high quality educational services in a community than younger households with school-age children. We...
Persistent link: https://www.econbiz.de/10010574363
The paper considers a two-tier institution in which government provides public services, but individuals can opt out of public provision (but not taxes). Funding for the public service is chosen endogenously by majority vote, and we first provide necessary and sufficient conditions for a...
Persistent link: https://www.econbiz.de/10011056116
Do elections allow voters to express their policy preferences, with change in government spending patterns following the election of a new leader? How long does it take for the composition of government spending to change following a change in leadership? Or, do significant spending changes...
Persistent link: https://www.econbiz.de/10010608545
I propose a framework in which individual political participation can take two distinct forms, voting and contributing resources to campaigns, in a context in which the negligible impact of any individual's actions on aggregate outcomes is fully recognized by all agents. I then use the framework...
Persistent link: https://www.econbiz.de/10010574319
We consider a political agency model where voters learn information about some policy-relevant variable, which they can ignore when it impedes their desire to hold optimistic beliefs. Voters' excessive tendency to sustain optimism may result in inefficient political decision-making because...
Persistent link: https://www.econbiz.de/10011117653
We study which policy tool and at what level a majority chooses in order to reduce activities with negative externalities. We consider three instruments: a rule, that sets an upper limit to the activity which produces the negative externality, a quota that forces a proportional reduction of the...
Persistent link: https://www.econbiz.de/10010744247
The evolution of education spending in California has received plenty of attention from both academics and practitioners after this state's education finance reform in the 1970's. This paper quantifies the contribution of immigration to the relative decline in elementary and secondary public...
Persistent link: https://www.econbiz.de/10010577647
This paper investigates the impact of the School Breakfast Program (SBP) on cognitive achievement. The SBP is a federal entitlement program that offers breakfast to any student, including free breakfast for any low-income student, who attends a school that participates in the program. To...
Persistent link: https://www.econbiz.de/10011264446
We use statewide administrative data from Florida to estimate the impact of attending public schools with different grade configurations on student achievement through grade 10. Based on an instrumental variable estimation strategy, we find that students moving from elementary to middle school...
Persistent link: https://www.econbiz.de/10010608561
Recent criticism from different sides has expressed the view that, with scarce resources, there is little justification for massive public funding of higher education. Central to the debate is the conjecture that colleges and universities use their resources inefficiently and focus...
Persistent link: https://www.econbiz.de/10010730184