Nach Verwirklichung der deutschen Wiedervereinigung steht die öffentliche Hand vorgravierenden finanziellen Problemen. Dem hohen Investitionsbedarf in Bereichen wieInfrastruktur, Altlastsanierung, Abfallentsorgung und Umweltschutz steht eine angespanntefinanzielle Situation der Gemeinden...

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We introduce a model of redistributive income taxation and public expenditure. Thisjoint treatment permits analyzing the interdependencies between the two policies: onecannot be chosen independently of the other. Empirical evidence reveals that partisanconfrontation essentially falls on...

Government support of private (occupational and personal) pensionsthrough the system of tax reliefs is large: between one quarter and onethird that of direct support of state pensions through public expenditure.However, it is regressive, lacks transparency and is difficult to control. Thispaper...

It is increasingly recognised that improving the quality and quantity of children’s services isan essential part of any long-term strategy to tackle poverty and social exclusion amongchildren. As part of its wider programme to address child poverty in England, Save TheChildren commissioned...

This paper introduces a democratic voting process into an OLG economyin order to analyze the effects of a rising old-age dependency ratio on the composition ofgovernment spending and endogenous economic growth. Forward-looking agents vote eachperiod on the public policy mix between productive...

The output multiplier turns negative before a deficit spending program expires.We show the generality of this unpleasant finding for the standard real business cyclemodel. We then calibrate an extended model for the US and demonstrate how fiscalstimulus slows down economic recovery from...

This paper represents the results of a small-scale qualitative study, exploringpublic perceptions of the redistributive effects of taxation and public spendingin the UK. Redistribution is not at the top of people’s minds when they considerthese issues and it is a complex subject on which they...

In diesem Papier wird untersucht, welche Auswirkungen die Verfügbarkeit vonInfrastruktur auf die unternehmerische Investitionsentscheidung hat. Dabei ist unterstellt,dass Infrastruktur zum einen Input in der Produktionsfunktion ist und zumanderen die Höhe der Anpassungskosten beeinflusst. Als...

... Die vorliegende Arbeit stützt sich deshalb auf eine institutionell bedingte Veränderung derBeteiligung, die Einführung des Frauenstimmrechts, um den Effekt einer kontrolliertenAusweitung des Elektorats auf die Staatsausgaben zu untersuchen. Das institutionelle Labor Schweiz erlaubt dabei...