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Keynes after 75 years: Rethinking money as a public monopoly
Wray, L. Randall - 2011
In this paper I first provide an overview of alternative approaches to money, contrasting the orthodox approach, in which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production. I then focus in more detail on two main categories: the...
Persistent link: https://www.econbiz.de/10010286499
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Volunteering and the State
Hackl, Franz; Halla, Martin; Pruckner, Gerald J. - 2009
This paper explores the capability of the state to affect the individual's decision to work for free. For this purpose we combine individual-level data from the European and World Values Survey with macroeconomic and political variables for OECD member countries. Empirically we identify three...
Persistent link: https://www.econbiz.de/10010294897
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Volunteering and the State
Hackl, Franz; Halla, Martin; Pruckner, Gerald J. - 2009
This paper explores the capability of the state to affect the individual's decision to work for free. For this purpose we combine individual-level data from the European and World Values Survey with macroeconomic and political variables for OECD member countries. Empirically we identify three...
Persistent link: https://www.econbiz.de/10011310682
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Are Public or Private Providers of Employment Services More Effective? Evidence from a Randomized Experiment
Rehwald, Kai; Rosholm, Michael; Svarer, Michael - 2015
This paper compares the effectiveness of public and private providers of employment services. Reporting from a randomized field experiment conducted in Denmark we assess empirically the case for contracting out employment services for a well-defined group of highly educated job-seekers...
Persistent link: https://www.econbiz.de/10011401633
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The efficiency of monopolistic provision of public goods through simultaneous bilateral bargaining
Matsushima, Noriaki; Shinohara, Ryusuke - 2015
We examine a monopolistic supplier's decision about a pure public good when he/she must negotiate with beneficiaries of the good. In our model, while the level of the public good is decided unilaterally by the supplier, the cost share of the public good is negotiated between the supplier and...
Persistent link: https://www.econbiz.de/10011421511
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Volunteering and the state
Hackl, Franz; Halla, Martin; Pruckner, Gerald J. - 2009
This paper explores the capability of the state to affect the individual's decision to work for free. For this purpose we combine individual-level data from the European and World Values Survey with macroeconomic and political variables for OECD member countries. Empirically we identify three...
Persistent link: https://www.econbiz.de/10010269121
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On the efficient provision of public goods by means of lotteries
Franke, Jörg; Leininger, Wolfgang - 2013
We provide a solution to the free-rider problem in the provision of a public good. To this end we define a biased indirect contribution game which provides the efficient amount of the public good in non-cooperative Nash equilibrium. No confiscatory taxes or other means of coercion are used. We...
Persistent link: https://www.econbiz.de/10010291669
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On the Efficient Provision of Public Goods by Means of Lotteries
Franke, Jörg; Leininger, Wolfgang - 2013
We provide a solution to the free-rider problem in the provision of a public good. To this end we define a biased indirect contribution game which provides the efficient amount of the public good in non-cooperative Nash equilibrium. No confiscatory taxes or other means of coercion are used. We...
Persistent link: https://www.econbiz.de/10010291043
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Fiscal Federalism, Taxation and Grants
Gonzalez-Eiras, Martín; Niepelt, Dirk - 2016
We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of … differently across levels of government, inter governmental grants become relevant. Calibrated to U.S. data, our model helps to … explain the introduction of federal grants at the time of the New Deal, and their increase up to the turn of the twenty …
Persistent link: https://www.econbiz.de/10011555504
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Fiscal federalism, taxation and grants
Gonzalez-Eiras, Martín; Niepelt, Dirk - 2016
We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of … differently across levels of government, inter governmental grants become relevant. Calibrated to U.S. data, our model helps to … explain the introduction of federal grants at the time of the New Deal, and their increase up to the turn of the twenty …
Persistent link: https://www.econbiz.de/10011629989