We consider the properties of a computable equilibrium model of a competitive polical economy in which the economic interests of groups of voters and their effective influcence on equilibrium policy outcomes can be explicitely distinguished and computed.

Many countries do not require all taxpayers to file an annual income tax return. Return-free systems shift some of the costs of operating the tax system from taxpayers to employers, other third parties, and the government. Return-free systems may work best when the tax system is relatively...

The government of the Kyrgyz Republic is determined to consolidate its finances over the coming years. This note describes the main elements of the tax regime in the Kyrgyz Republic, looks into tax incentives, and provides some reform options to raise revenues. The second note is on monetary...

The paper discusses the ownership and control structures of local public utilities by showing evidence from the Italian case. In this discussion, the focus is on three main aspects: the ownership structure, the board composition and independence, and citizens’ involvement (service charters)....

This paper studies the interaction of incentive pay and social distance in the dissemination of information.  We analyse theoretically as well as empirically the effect of incentive pay when agents have pro-social objectives, but also preferences over dealing with one social group relative to...

Research Highlights and Abstract: The role of the European Union (EU) in services liberalisation-and the impact thereof on the provision of services of general interest-has been highly contentious both globally and in the EU. Besides other policy issues, services liberalisation contributes to...