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In this paper, we analyze the development of public consumption expenditure in Austria starting in the 1940s. We focus our attention on two hypotheses as to why public consumption expenditure has been constantly increasing: Wagner's law and Baumol's cost disease. The estimated income elasticity...
Persistent link: https://www.econbiz.de/10011718789
This paper contributes to the literature on majority voting over fiscal policies. We depart from the standard model in two dimensions. First, besides redistributing income, the government uses the net tax revenue to finance the provision of goods and services that become in-kind transfers to the...
Persistent link: https://www.econbiz.de/10014496148
This paper contributes to the literature on majority voting over fiscal policies. We depart from the standard model in two dimensions. First, besides redistributing income, the government uses the net tax revenue to finance the provision of goods and services that become in-kind transfers to the...
Persistent link: https://www.econbiz.de/10012179305
We discuss and provide an overview of the size and role of the government, notably in terms of what the government "should" do, how the government could spend and intervene in the economy, how much governments spend and what they spend their money on. This is done from a historical perspective...
Persistent link: https://www.econbiz.de/10012233031
Die vorliegende Studie wurde im Auftrag der Robert Bosch Stiftung im ifo Arbeitsbereich "Sozialpolitik und Arbeitsmärkte" erstellt und im Juni 2005 abgeschlossen, um die Arbeit der von der Bosch Stiftung initiierten Kommission "Familie und demographischer Wandel" zu unterstützen. Gegenstand...
Persistent link: https://www.econbiz.de/10011848485
This paper introduces preliminary evidence from a cross-country database of policy characteristics and potential uses of that database. While most databases have emphasized either the content of policies (e.g., size of government deficits) or countries&' formal institutions (e.g., political...
Persistent link: https://www.econbiz.de/10003794706
The causal relationship between government revenue and government expenditure is an important subject in public economics especially to the control of budget deficit. The purpose of this study is to investigate the relationship between government revenue and government expenditure in Iran by...
Persistent link: https://www.econbiz.de/10009540114
Persistent link: https://www.econbiz.de/10009154910
The federal government is headed toward a financial crisis as a result of chronic overspending, large deficits, and huge future cost increases in Social Security and Medicare. Social Security and Medicare would be big fiscal challenges even if the rest of the government were lean and efficient,...
Persistent link: https://www.econbiz.de/10014204619
Research on the distribution of federal expenditures has provided mixed evidence showing that states with more legislators who belong to the president's party and states with more legislators in the chamber majority tend to receive a larger allocation of federal funds. We add to this research by...
Persistent link: https://www.econbiz.de/10012973308