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How to Protect Future Generations Using Tax Base Restrictions
Rangel, Antonio - 2002
This paper studies constitutional restrictions on the tax base that protect future generations from expropriation and improve the optimality of investment in Intergenerational Public Goods (IPGs). The choice of the tax base matters because it affects how intergenerational (IG) spillovers are...
Persistent link: https://www.econbiz.de/10014111390
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Speed limit enforcement and road safety
Bauernschuster, Stefan; Rekers, Ramona - 2019 - This version: December 2019
We study the impact on road safety of one-day massive speed limit monitoring operations (SLMO) accompanied by media … police reported accidents in a generalized difference-in-differences approach, we find that SLMO reduce traffic accidents and …
Persistent link: https://www.econbiz.de/10012156382
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Speed limit enforcement and road safety
Bauernschuster, Stefan; Rekers, Ramona - 2019
We study the impact on road safety of one-day massive speed limit monitoring operations (SLMO) accompanied by media … police reported accidents in a generalized difference-in-differences approach, we find that SLMO reduce traffic accidents and …
Persistent link: https://www.econbiz.de/10012151780
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Infrastructure Costs
Brooks, Leah - 2020
There is widespread consensus that US infrastructure quality has been on the decline. In response, politicians across the ideological spectrum have called for increased infrastructure spending. Although the cost of infrastructure determines how much physical output each dollar of spending...
Persistent link: https://www.econbiz.de/10012848420
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Can America Reduce Highway Spending? Evidence from the States
Brooks, Leah; Liscow, Zachary D. - 2021
Although infrastructure is a key input into economic growth, systematic evidence on what drives overall spending across time or place is very limited. In this paper, motivated in part by the difficulties in international comparisons, we focus on infrastructure for which we can measure spending...
Persistent link: https://www.econbiz.de/10013245807
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Principles for the 2020 Surface Transportation Reauthorization
O'Toole, Randal - 2020
America's surface transportation infrastructure needs significant improvements and rehabilitation, yet Congress is … deficit financing of transportation and end federal restrictions that reduce the efficiency and effectiveness of the funds … transportation funding bill. These principles are pay-as-you-go, user fees, and subsidiarity.Pay-as-you-go. The Congressional Budget …
Persistent link: https://www.econbiz.de/10012846175
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Stay or flee? : probability versus severity of punishment in hit-and-run accidents
Castriota, Stefano; Tonin, Mirco - 2019
crimes and in this paper we focus on a very serious and widespread one, hit-and-run road accidents. In fact, it is not only … affecting the probability of apprehension and find that the likelihood of hit-and-run conditional on an accident taking place …
Persistent link: https://www.econbiz.de/10012120376
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Road Infrastructure and the Skill Premium : Evidence from Indian Manufacturing
Chatterjee, Santanu; Lebesmuehlbacher, Thomas; … - 2022
We examine the relationship between new road infrastructure and local labor markets in India's manufacturing sector by … driven by large firms, especially those with a large share of transportation assets, indicating the presence of capital …
Persistent link: https://www.econbiz.de/10014237229
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Sorting Charles Tiebout : the construction and stabilization of postwar public good theory
Singleton, John D. - 2013
A substantial and diverse literature in economics traces its intellectual roots to Charles Tiebout's 1956 article, "The Pure Theory of Local Expenditure." Its present recognition frequently attributed to originating the idea of "voting with your feet," however, contrasts sharply with its...
Persistent link: https://www.econbiz.de/10011706901
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Size and soft budget constraints
Crivelli, Ernesto; Staal, Klaas - 2006
There is much evidence against the so-called too big to fail hypothesis in the case of bailouts to sub-national governments. We look at a model where districts of different size provide local public goods with positive spillovers. Matching grants of a central government can induce...
Persistent link: https://www.econbiz.de/10010365894