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Persistent link: https://www.econbiz.de/10008673681
We discuss the effect of formal political institutions (electoral systems, fiscal decentralization, presidential and parliamentary regimes) on the extent and direction of income (re-)distribution. Empirical evidence is presented for a large sample of 70 economies and a panel of 13 OECD countries...
Persistent link: https://www.econbiz.de/10010864514
Persistent link: https://www.econbiz.de/10010558433
Persistent link: https://www.econbiz.de/10008596109
The paper compares decision-making on the centralisation of public goods provision in the presence of regional externalities under representative and direct democratic institutions. A model with two regions, two public goods and regional spillovers is developed in which uncertainty over the true...
Persistent link: https://www.econbiz.de/10011422153
The paper compares decision-making on the centralisation of public goods provision in the presence of regional externalities under representative and direct democratic institutions. A model with two regions, two public goods and regional spillovers is developed in which uncertainty over the true...
Persistent link: https://www.econbiz.de/10005150944