The framework for fiscal policy coordination in EMU has been in effect for three years. The experience gained shows that the rule-based approach provides in principle a feasible solution for policy coordination among a large number of heterogeneous countries whose joint interest is to safeguard...

Recent research suggests that income redistribution preferences vary across identity groups. We employ a new pattern recognition technology to uncover what these groups are. Using data from the General Social Survey, we present a new stylized fact that preferences for governmental provision of...

As part of a process of democratization, many countries spanning Europe, Latin Amertica, Africa, and Asia are reorganizing their governments by devolving fiscal responsibility and authority to newly empowered regional and local governments. Although decentralization in each country proceeds...

Nicolas Baudeau (1730-1792) was a theologian, historian and "economist-philosopher" of the second half of the eighteenth century. His name appears in manuals as a popularizer of the ideas of Quesnay and as the founder of the first journal of economics of the Physiocrats, but we are not familiar...

Nicolas Baudeau (1730-1792) was a theologian, historian and "economist-philosopher" of the second half of the eighteenth century. His name appears in manuals as a popularizer of the ideas of Quesnay and as the founder of the first journal of economics of the Physiocrats, but we are not familiar...