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Tax-Spend or Fiscal Illusion? Allowing for Asymmetric Revenue Effects in Expenditure Error-Correction Models
Young, Andrew T. - 2008
The existing empirical literature on the US federal revenue-expenditure nexus has had mixed findings. Amongst those papers presenting evidence in favor of causation running from taxes to expenditures, support for the conventional, Friedman-type tax-spend hypothesis is nearly ubiquitous. Evidence...
Persistent link: https://www.econbiz.de/10012724482
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Uncertainty and the demand for redistribution
Molnár, György; Kapitány, Zsuzsa - 2006
Persistent link: https://www.econbiz.de/10003416380
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Uncertainty and the demand for redistribution
Molnár, György; Kapitány, Zsuzsa - 2006
, uncertainty, rising income and wealth inequalities, decreasing mobility) and demand for redistribution. Our context is Hungary … redistribution, namely, uncertainty in actual and future income, and unemployment. Uncertainty raises the demand for redistribution … redistribution. The most frustrated and indecisive people are those who have no clear knowledge about the immediate and the distant …
Persistent link: https://www.econbiz.de/10011560839
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Do competition and ownership matter? Evidence from local public transport in Europe
Boitani, Andrea; Nicolini, Marcella; Scarpa, Carlo - 2010
This paper investigates how the ownership and the procedure for the selection of firms operating in the local public transport sector affect their productivity. In order to compare different institutional regimes, we carry out a comparative analysis of 72 companies operating in large European...
Persistent link: https://www.econbiz.de/10010272456
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Explaining the appearance and success of voter referenda for open-space conservation
Kotchen, Matthew J.; Powers, Shawn M. - In: Journal of environmental economics and management : … 52 (2006) 1, pp. 373-390
Persistent link: https://www.econbiz.de/10003357281
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Explaining Reform Deadlocks
Heinemann, Friedrich - 2004
Countries are often slow to adjust their economic structures to new necessities although this reform reluctance is costly in terms of growth and employment. This paper analyses the relevant factors that block or foster economic reforms. Theoretical considerations show that there are at least...
Persistent link: https://www.econbiz.de/10010297364
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The Drivers of Deregulation in the Era of Globalization
Heinemann, Friedrich - 2006
This paper treats the question to what extent globalization trends restrict a countryspecific regulation policy in industrial countries. The empirical analysis makes use of recently collected regulation indicators for four policy fields: financial market, product markets, labour markets and...
Persistent link: https://www.econbiz.de/10010297520
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What is the Value Added by Caseworkers?
Lechner, Michael; Smith, Jeffrey A. - 2003
We investigate the allocation of unemployed individuals to different subprograms within Swiss active labour market policy by the caseworkers at local employment offices in Switzerland in 1998. We are particularly interested in whether the caseworkers allocate the unemployed to services in ways...
Persistent link: https://www.econbiz.de/10010261975
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The economic effects of constitutions: replicating - and extending - Persson and Tabellini
Blume, Lorenz; Müller, Jens; Voigt, Stefan; Wolf, Carsten - 2007
Persson and Tabellini (2003) show that presidential regimes and majoritarian election systems have important effects on fiscal policy, government effectiveness and productivity. Here, their dataset is extended in a number of ways: the number of countries included is increased from 85 to up to...
Persistent link: https://www.econbiz.de/10010264145
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Fiscal rules and composition bias in OECD countries
Dahan, Momi; Strawczynski, Michel - 2010
Using a sample of OECD countries, this paper finds that while fiscal rules succeeded in reducing total government expenditures and budget deficits in the medium term, they significantly affected the composition of government expenditure: the ratio of social transfers to government consumption...
Persistent link: https://www.econbiz.de/10010270542