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government is correlated with happiness, however forms of democracy and government spending seem not. We further discuss three …This chapter uses happiness data to assess the quality of government. Our happiness data are drawn from the Gallup … generally over 1,500 national-level observations, we show that government delivery quality is significantly correlated with …
Persistent link: https://www.econbiz.de/10013322663
In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We … model is that individuals in low trust countries want more government intervention even though the government is corrupt. We … government's role, as well as on changes in beliefs and in trust during the transition from socialism …
Persistent link: https://www.econbiz.de/10012757998
.e., those where groups live more spatially separately, have a substantially lower quality of government. In contrast, there is … no relationship between religious segregation and the government quality …
Persistent link: https://www.econbiz.de/10012758382
The War for Independence left the National Government deeply in debt. The spoils from winning that war also gave it an … empire of land. So, post-1783, was the National Government solvent? Was its net asset position, land assets minus debt …. The results from the data series constructed indicate that the National Government was solvent, had more than enough land …
Persistent link: https://www.econbiz.de/10012761788
size of this political distortion. In this paper we study the determination of government debt and deficits in a dynamic …, a rent-seeking government over-saves and over-taxes along the equilibrium path relative to a benevolent government …
Persistent link: https://www.econbiz.de/10012769645
Political future markets, in which investors bet on election outcomes, are often thought a recent invention. Such markets in fact have a long history in many Western countries. This paper traces the operation of political futures markets back to 16th Century Italy, 18th Century Britain, and 19th...
Persistent link: https://www.econbiz.de/10012770098
This paper develops a simple theoretical framework to study a set of regions, each with its own regional government …, who share a union or central government. These governments must decide whether to implement or discard a large number of … are insensitive to externalities. The key observation here is that the union government is insensitive to local benefits …
Persistent link: https://www.econbiz.de/10012864805
What political legacy can we expect from the Coronavirus pandemic? Drawing evidence from past epidemics, we find that epidemic exposure in an individual's “impressionable years” (ages 18 to 25) has a persistent negative effect on confidence in political institutions and leaders, but not in...
Persistent link: https://www.econbiz.de/10012830482
The federal government owns and administers 472, 892,659 acres or 21% of the land area of the lower US, making it both … the country's largest land owner and among the largest by a central government among western democracies. This condition … federal government and the role of the environmental movement in the process. Market failure and externalities were asserted …
Persistent link: https://www.econbiz.de/10012916622
A defining feature of public sector employment is the regular change in elected leadership. Yet, we know little about how elections influence careers. We describe how elections can alter policy outputs and disrupt civil servants' influence over agency decisions, potentially shaping their career...
Persistent link: https://www.econbiz.de/10012977612