arise in equilibrium. We address these questions in a reputation model in which the central government can either be a … government's reputation is low enough, then fiscal rules can lead to even more debt accumulation relative to the case with no …

we call the shrinking government effect: public debt grows faster than GDP, provisions of public goods and infrastructure …

This paper develops a political-economic model of fiscal policy - one in which government resources are a common … for intertemporal smoothing, and in the long run government debt tends to be excessively high; peculiar time profiles for … equilibrium paths can occur starting at the same initial level of government debt …

attacks involving at least one fatality on attitudes towards immigrants and government institutions. Comparing within … region that was attacked tend to express more trust in parliament and more satisfaction with the national government in the …

government spending. We parametrize the left policymaker as having a higher marginal political gain from increasing government … of government spending on average. These features imply large welfare losses for households …

. While a common view is that people should blame the government rather than the political system for bad crisis management …, an opposing view is that dissatisfaction with government performance may cause deeper dissatisfaction with democracy even … instrumental variable design. We find that dissatisfaction with the government, which is equally driven by economic and health …

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 … national happiness, but democratic quality is not. We also analyze other quality of government indicators. Confidence in …