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-making powers of the sovereign through constitutional review. We create a data base of constitutional rules in 71 countries that …
Persistent link: https://www.econbiz.de/10012469956
We study budget formation in a model featuring separation of powers. In our model, the legislature designs a budget …
Persistent link: https://www.econbiz.de/10012466333
In this paper we present historical evidence and a theoretical analysis of the origins of political stability and instability in Colombia for the period 1850-1950, and their relationship to political, particularly electoral, institutions. We show that the driving force behind institutional...
Persistent link: https://www.econbiz.de/10012466569
evidence on the impact of lobbying over legislative outcomes, and sheds light to the determinants of lobbying in separation-of-powers …
Persistent link: https://www.econbiz.de/10012467366
that this principle yields a large set of theoretical insights on different separation-of-powers institutions that can help ….e., when the executive and judicial branches are separate. Our results shed light on the evolution of separation of powers in …
Persistent link: https://www.econbiz.de/10014226142
Regime changes toward autocracy typically reshape the judicial framework, effectively eroding the separation of powers … contrasts with the democratic norms upheld by major Western nations: the separation of powers, judicial autonomy, and the …
Persistent link: https://www.econbiz.de/10014372480
The monetary powers embedded in the U.S. Constitution were revolutionary and led to a watershed transformation in the …, and who could incorporate banks. How the debate at the 1787 Constitutional Convention over these powers evolved and led … the Founding Fathers to the specific powers adopted is presented and deconstructed. Why they took this path rather than …
Persistent link: https://www.econbiz.de/10012466888
In this essay I review the new book by Torsten Persson and Guido Tabellini, The Economic Effects of Constitutions, which investigates the policy and economic consequences of different forms of government and electoral rules. I also take advantage of this opportunity to discuss the advantages and...
Persistent link: https://www.econbiz.de/10012467450
During the 1840s, twelve American states adopted new constitutions. Eleven of the twelve states adopted new procedures for issuing government debt and for chartering corporations through general incorporation acts. These institutional innovations were American inventions, and today hard budget...
Persistent link: https://www.econbiz.de/10012468242
electoral rules and forms of government for fiscal policy and rent extraction, even when non-random constitution selection is …
Persistent link: https://www.econbiz.de/10012468524