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A Historical Test of the Tiebout Hypothesis : Local Heterogeneity from 1850 to 1990
Rhode, Paul W.; Strumpf, Koleman S. - 2021
The Tiebout hypothesis, which states that individuals will costlessly sort themselves across local communities according to their public good preferences, is the workhorse of the local public finance literature. This paper develops a test of the Tiebout hypothesis using historical variation in...
Persistent link: https://www.econbiz.de/10013239141
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The Tiebout Hypothesis and Majority Rule : an Empirical Analysis
Epple, Dennis; Romer, Thomas; Sieg, Holger - 2021
jurisdictions. The idea behind the estimation procedure is to investigate whether observed levels of public expenditures satisfy …
Persistent link: https://www.econbiz.de/10013218313
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Expenditure Competition
Gordon, Roger H.; Wilson, John D. - 2021
Given the temptation on government officials to use some of their budget for 'perks,' residents face the problem of inducing officials to reduce such 'waste.' The threat to vote out of office officials who perform poorly is one possible response. In this paper, we explore the effect that...
Persistent link: https://www.econbiz.de/10013227493
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The Effect of Expected Income on Individual Migration Decisions
Kennan, John; Walker, James R. - 2021
The paper develops a tractable econometric model of optimal migration, focusing on expected income as the main economic … influence on migration. The model improves on previous work in two respects: it covers optimal sequences of location decisions … panel data from the NLSY on white males with a high school education. Our main conclusion is that interstate migration …
Persistent link: https://www.econbiz.de/10013240935
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Exit, Voice or Loyalty? An Investigation into Mandated Portability of Front-Loaded Private Health Plans
Atal, Juan Pablo - 2017
We study theoretically and empirically how consumers in an individual private long-term health insurance market with front-loaded contracts respond to newly mandated portability requirements of their old-age provisions. To foster competition, effective 2009, German legislature made the...
Persistent link: https://www.econbiz.de/10012954932
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Making Democracy Work : Culture, Social Capital and Elections in China
Padró i Miquel, Gerard - 2015
This paper aims to show that culture is an important determinant of the effectiveness of formal democratic institutions, such as elections. We collect new data to document the presence of voluntary and social organizations and the history of electoral reforms in Chinese villages. We use the...
Persistent link: https://www.econbiz.de/10013024882
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The Geography of Linguistic Diversity and the Provision of Public Goods
Desmet, Klaus - 2018
This paper analyzes the importance of local interaction between individuals of different linguistic groups for the provision of public goods at the national level. The micro-founded conceptual framework we develop predicts that a country's public goods (i) decrease in its overall linguistic...
Persistent link: https://www.econbiz.de/10012916911
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Residential Segregation in General Equilibrium
Bayer, Patrick J.; McMillan, Robert; Rueben, Kim S. - 2021
Black households in the United States with high levels of income and education (SES) typically face a stark tradeoff when deciding where to live. They can choose neighborhoods with high levels of public goods or a high proportion of blacks, but very few neighborhoods combine both, a fact we...
Persistent link: https://www.econbiz.de/10013231445
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Community Choice and Local Public Services : A Discrete Choice Approach
Nechyba, Thomas J.; Strauss, Robert P. - 2021
This paper uses a discrete choice approach to estimate the impact of local fiscal and other variables on individual community choices. It employs a combination of a unique micro data set composed of ninety percent of all homeowners in six school districts in Camden County, New Jersey and...
Persistent link: https://www.econbiz.de/10013232153
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Using Market Valuation to Assess Public School Spending
Barrow, Lisa; Rouse, Cecilia E. - 2021
In this paper we use a 'market-based' approach to examine whether increased school expenditures are valued by potential residents and whether the current level of public school provision is inefficient. We do so by employing an instrumental variables strategy to estimate the effect of state...
Persistent link: https://www.econbiz.de/10013236678