Similar Search Results

Economic Risk and Political Risk in Fiscal Unions

Alesina, Alberto F.; Perotti, Roberto - 2021

policy, while reducing the uncertainty on the tax base, creates uncertainty on the tax rate. This occurs because regions hit … regions and linear taxes, we show that the higher uncertainty on the policy instrument might more than offset the lower … uncertainty on the tax base, thus making a majority of agents in each region worse off in a centralized regime. The model is a …

Persistent link: https://www.econbiz.de/10013215334

Ambiguity and Extremism in Elections

Alesina, Alberto F. - 2010

We analyze a model in which voters are uncertain about the policy preferences of candidates. Two forces affect the probability of electoral success: proximity to the median voter and campaign contributions. First, we show how campaign contributions affect elections. Then we show how the...

Persistent link: https://www.econbiz.de/10012759100

Fairness and Redistribution : U.S. Versus Europe

Alesina, Alberto F. - 2011

Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort...

Persistent link: https://www.econbiz.de/10013134300

Regulation Versus Taxation

Alesina, Alberto F. - 2010

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/10013137596

The Welfare State and Competitiveness

Alesina, Alberto F. - 2010

In all modern industrial countries, redistributive expenditures are a larger component of the government budget than consumption of goods and services. In this paper, we use a general equilibrium, two- country model with exportables, importables and nontradables to study redistribution across...

Persistent link: https://www.econbiz.de/10013138851

Partisan Cycles in Congressional Elections and the Macroeconomy

Alesina, Alberto F. - 2011

The post-war United States exhibits two rather strong politico-economic regularities. The political regularity is that the party of the President has always lost votes in aid-term Congressional elections, relative to its Congressional vote in the previous elections; the economic regularity is...

Persistent link: https://www.econbiz.de/10013124600

Nation-Building, Nationalism and Wars

Alesina, Alberto F. - 2017

The increase in army size observed in early modern times changed the way states conducted wars. Starting in the late 18th century, states switched from mercenaries to a mass army by conscription. In order for the population to accept to fight and endure war, the government elites began to...

Persistent link: https://www.econbiz.de/10012955943

The Effects of Fiscal Consolidations : Theory and Evidence

Alesina, Alberto F. - 2017

We investigate the macroeconomic effects of fiscal consolidations based upon government spending cuts, transfers cuts and tax hikes. We extend a narrative dataset of fiscal consolidations, with details on over 3500 measures for 16 OECD countries. We show that government spending cuts and cuts in...

Persistent link: https://www.econbiz.de/10012956924

Gender Based Taxation and the Division of Family Chores

Alesina, Alberto F. - 2010

Gender-Based Taxation (GBT) satisfies Ramsey's rule of optimality because it taxes at a lower rate the more elastic labor supply of women. This holds when different elasticities between men and women are taken as exogenous. We study GBT in a model in which labor supply elasticities emerge...

Persistent link: https://www.econbiz.de/10012759662

Artificial States

Alesina, Alberto F. - 2010

Artificial states are those in which political borders do not coincide with a division of nationalities desired by the people on the ground. We propose and compute for all countries in the world two new measures how artificial states are. One is based on measuring how borders split ethnic groups...

Persistent link: https://www.econbiz.de/10012761274