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Efficient Fiscal Spending by Supranational Unions
Simon, Jenny; Valasek, Justin M. - 2013
We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We establish and explore the link between the budget's allocation and nations' contributions that occurs since bargaining power...
Persistent link: https://www.econbiz.de/10013370100
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Mandatory versus discretionary spending: The status quo effect
Bowen, T. Renee; Chen, Ying; Eraslan, Hülya - 2012
Do mandatory spending programs such as Medicare improve efficiency? We analyze a model with two parties allocating a fixed budget to a public good and private transfers each period over an infinite horizon. We compare two institutions that differ in whether public good spending is discretionary...
Persistent link: https://www.econbiz.de/10010397775
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Mandatory Versus Discretionary Spending: The Status Quo Effect
Bowen, T. Renee; Chen, Ying; Eraslan, Hülya - 2012
Do mandatory spending programs such as Medicare improve efficiency? We analyze a model with two parties allocating a fixed budget to a public good and private transfers each period over an infinite horizon. We compare two institutions that differ in whether public good spending is discretionary...
Persistent link: https://www.econbiz.de/10010500227
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When are preferences consistent? The effects of task familiarity and contextual cues on revealed and stated preferences
Schläpfer, Felix; Fischhoff, Baruch - 2010
Traditionally, economists make a sharp distinction between stated and revealed preferences, viewing the latter as more fully meeting the assumptions of economic analysis. Here, we consider one form of empirical evidence regarding this belief: the consistency of choices in stated and revealed...
Persistent link: https://www.econbiz.de/10010315548
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Competitive politics, simplified heuristics, and preferences for public goods
Schläpfer, Felix; Schmitt, Marcel; Roschewitz, Anna - 2007
This paper examines the role of simplified heuristics in the formation of preferences for public goods. Political scientists have suggested that voters use simplified heuristics based on the positions of familiar parties to infer how a proposed policy will affect them and to cast a vote in line...
Persistent link: https://www.econbiz.de/10010315585
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An analysis of the Swiss vote on the use of genetically modified crops
Schläpfer, Felix - 2007
In November 2005, 55.7 percent of 2 million Swiss voters approved a 5-year moratorium (ban) on the commercial cultivation of genetically modified (GM) plants within Switzerland. The present study examines how individual voting decisions were determined by (i) socioeconomic characteristics, (ii)...
Persistent link: https://www.econbiz.de/10010315609
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The provision point mechanism with reward money
Zubrickas, Robertas - 2013
We introduce reward money into the provision point mechanism with refunds. Reward money is distributed among the contributors in proportion to their contributions only when the provision point is not reached. In environments without aggregate uncertainty, the provision point is always reached in...
Persistent link: https://www.econbiz.de/10010316819
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Emigration and democracy
Docquier, Frédéric; Lodigiani, Elisabetta; Rapoport, … - 2011
. We find that emigration and human capital both increase democracy and economic freedom. This implies that unskilled …
Persistent link: https://www.econbiz.de/10010336024
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Joblessness and perceptions about the effectiveness of democracy
Altındağ, Duha; Mocan, H. Naci - 2010
individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that … personal joblessness experience translates into negative opinions about the effectiveness of democracy, and it increases the … year is the main source of the impact. Joblessness-related negative attitude towards the effectiveness of democracy is not …
Persistent link: https://www.econbiz.de/10010275894
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Education and democratic preferences
Chong, Alberto; Gradstein, Mark - 2009
This paper examines the causal link between education and democracy. Motivated by a model whereby educated individuals … are in a better position to assess the effects of public policies and hence favor democracy where their opinions matter … results hold across countries with different levels of democracy, thus rejecting the hypothesis that indoctrination through …
Persistent link: https://www.econbiz.de/10010278288