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In order to guarantee a further successful functioning of the enlarged European Union a Federal European Constitution is proposed. Six basic elements of a future European federal constitution are developed: the European commission should be turned into an European government and the European...
Persistent link: https://www.econbiz.de/10003841521
and Growth Pact. -- deficits ; fiscal adjustment ; partisan theory ; veto players ; time-series cross-secton models …
Persistent link: https://www.econbiz.de/10002613417
This paper endeavours to illuminate the political and institutional factors that can help explain differing degrees of fiscal retrenchment in European Union countries for the time period 1990-2001. Several variants of the partisan approach and the veto players framework are elucidated and...
Persistent link: https://www.econbiz.de/10014069636
Im gegenwärtigen Europawahlkampf vertritt Jean-Claude Juncker die Ansicht, dass europäische Staaten mit konservativen Regierungen bessere wirtschaftliche Daten vorweisen können als Staaten mit sozialistischen Regierungen. Ob Regierungen unterschiedlicher parteipolitischer Zusammensetzung auch...
Persistent link: https://www.econbiz.de/10010877492
Im gegenwärtigen Europawahlkampf vertritt Jean-Claude Juncker die Ansicht, dass europäische Staaten mit konservativen Regierungen bessere wirtschaftliche Daten vorweisen können als Staaten mit sozialistischen Regierungen. Ob Regierungen unterschiedlicher parteipolitischer Zusammensetzung auch...
Persistent link: https://www.econbiz.de/10011693645
While economists have tended to focus on specific public policies when developing recommendations, the achievement of welfare objectives might depend more on the quality of policies than their content. This paper develops several measures of the qualities of policies across countries, arguing...
Persistent link: https://www.econbiz.de/10003844598
We analyze the ECB Governing Council’s voting procedures. The literature has by now discussed numerous aspects of the rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization scheme based on the multilinear extension (MLE) of...
Persistent link: https://www.econbiz.de/10010208783
Persistent link: https://www.econbiz.de/10009762328
This paper develops a model of political contributions in which a politician can either sell policy favors, or sell access. Access allows interest groups to share hard information with the politician in support of their preferred policy. Here selling access maximizes policy utility, while...
Persistent link: https://www.econbiz.de/10013095917
We analyze the ECB Governing Council's voting procedures. The literature has by now discussed numerous aspects of the rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization scheme based on the multilinear extension (MLE) of...
Persistent link: https://www.econbiz.de/10013142850