Showing 1 - 10 of 12
Presents a complete and detailed constitutional framework applying the rational self-interest model and market mechanisms to intra and inter- governmental behaviour and collective decisions. In particular, the paper presents an enabling mechanism for the creation, adjustment and dissolution of...
Persistent link: https://www.econbiz.de/10005076593
This paper demonstrates that states’ decisions on limiting congressional terms are empirically determined by measures of relative political influence in Congress. States’ choices on term limits are quantified as a multiple-categorical variable that reflects variation in the stringency of...
Persistent link: https://www.econbiz.de/10005125930
The dynamic fiscal policy adjustment of local jurisdictions is investigated empirically using a panel of more than 1000 U.S.~municipalities over a quarter of a century. Distinguishing own revenue, grants, expenditures, and debt service, the analysis is carried out using a vector error-correction...
Persistent link: https://www.econbiz.de/10005125954
The past twenty-five years have seen a tremendous increase in interventions by state governments into local public service provision through mandates related to employee compensation and production processes and tax and spending limitations. Reflecting this phenomena, a substantial literature...
Persistent link: https://www.econbiz.de/10005408445
The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each resident as in a direct democracy. Rather than focusing on a narrow model with restrictive and specialized assumptions, and subsequent solutions, as has been...
Persistent link: https://www.econbiz.de/10005412496
Court decisions in the past twenty years such as Southern Burlington County NAACP v. Mount Laurel Associated, as well recent legislation, have made exclusionary zoning laws based on race illegal and have limited, at least in many states, the legality of exclusionary zoning based on income. While...
Persistent link: https://www.econbiz.de/10005412504
Persistent link: https://www.econbiz.de/10005076590
Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD countries’ social and overall spending as well as their tax rates on labor, consumption and capital. Accounting for potential endogeneity of the regressors, the results show that...
Persistent link: https://www.econbiz.de/10005076616
The article proposes Erection, Adjustment, and Death mechanisms for governmental units, giving autonomy to each citizen as in a direct democracy. Rather than focusing on a narrow model with restrictive and specialized assumptions, and subsequent solutions, as has been common in the literature,...
Persistent link: https://www.econbiz.de/10005125937
We provide an empirical analysis of the Social Security disability application, award, and appeal process using the Health and Retirement Survey. We show that the appeal option increases the award probability from 46\% to 73\%. However, this comes at the cost of significant delays: the duration...
Persistent link: https://www.econbiz.de/10005408442