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 …

This paper employs a new empirical approach for identifying the impact of government spending on the private sector … impact of government spending on private sector economic activity …

We document that trust in public institutions--and particularly trust in banks, business and government--has declined … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …

Attempting to shed light on the optimal size of government, economists have analyzed planning problems that specify a … choice of a planner who knows the welfare achieved by each policy. This paper examines choice of size of government by a … a wide range of spending levels--thus, a society can rationalize having a small or large government. I conclude that to …

We construct measures of the extent to which the 4 main newspapers in Argentina report government corruption in their … government advertising. The correlation is negative. The size is considerable: a one standard deviation increase in monthly … government advertising (0.26 million pesos of 2000) is associated with a reduction in the coverage of the government's corruption …

state bonds, which the Iraqi government is currently servicing, on world financial markets. After the Surge, there was a …