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question then is why this has not happened in China. We argue that the answer lies in the degree of political centralization … researchers have argued that federalism could play a central role in development. We agree, but with an important caveat. We … believe the experience of Russia indicates that another ingredient is crucial, namely political centralization …
Persistent link: https://www.econbiz.de/10012471154
We present a model where heterogeneous districts choose both whether to experiment and the policies to experiment with. Since districts learn from each other, the first-best requires that policy experiments converge so that innovations are useful also for neighbors. However, the equilibrium...
Persistent link: https://www.econbiz.de/10012459061
to after the pandemic once a measure of political partisanship (Democratic vote share in the 2020 presidential election …
Persistent link: https://www.econbiz.de/10015056160
This paper quantifies the unequal welfare effects of tax competition. I derive the optimal tax and transfer schedules in a free mobility union composed of countries that can either compete or set a uniform federal tax rate. In the absence of fiscal coordination, governments internalize that any...
Persistent link: https://www.econbiz.de/10014437051
We develop a framework that examines the organizational challenges faced by central rulers governing large territories, where administrative power needs to be delegated to local elites. We describe how economic change can motivate rulers to empower different elites and emphasize the interaction...
Persistent link: https://www.econbiz.de/10014576570
We provide a model with a federal government and multiple local governments, the former with power to levy an income tax for redistribution, and the latter choosing a local income tax, property tax, lump-sum tax or subsidy, and a local public good. Policy is set by majority choice at each tier...
Persistent link: https://www.econbiz.de/10012480750
not run in Santa Cruz de Tenerife, a relatively representative electoral constituency, in the general election of July 23 …
Persistent link: https://www.econbiz.de/10014576639
In theory, free and fair elections can improve the selection of politicians and incentivize them to exert effort. In … practice, incumbency advantage and coordination issues may lead to the (re)election of bad politicians. We ask whether these … elections, we find that winning an election increases candidates' chances to win the next election by 25.1 percentage points …
Persistent link: https://www.econbiz.de/10013435103
Using newly digitized data on the growth of the telegraph network in America during 1840-1852, the paper studies the impacts of the electric telegraph on national elections. I use proximity to daily newspapers with telegraphic connections to Washington to generate plausibly exogenous variation...
Persistent link: https://www.econbiz.de/10014322855
content of 9,000 primary and general election websites of candidates for the U.S. House of Representatives, 2002-2016, as well …
Persistent link: https://www.econbiz.de/10014322890