Showing 1 - 10 of 18,976
We propose a theory of tax centralization in politico-economic equilibrium. Taxation has dynamic general equilibrium …
Persistent link: https://www.econbiz.de/10011810615
Persistent link: https://www.econbiz.de/10003342189
Persistent link: https://www.econbiz.de/10003384503
Persistent link: https://www.econbiz.de/10011563336
We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of … traditional, expenditure-related motives for centralization considered in the fiscal federalism literature is present. If central …
Persistent link: https://www.econbiz.de/10011523762
We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of … traditional, expenditure-related motives for centralization considered in the fiscal federalism literature is present. If central …
Persistent link: https://www.econbiz.de/10011523838
This paper measures the effect of state-level supermajority requirements for tax increases on tax rates. Unobserved attitudes towards taxation tend to influence both the adoption of supermajority requirements and tax policy. Consequently, one cannot distinguish between the effect of these...
Persistent link: https://www.econbiz.de/10014140601
In this paper we examine the potential of democratic constitutions for the provision of divisible public goods in a large economy. Our main insights are as follows: When aggregate shocks are absent, the combination of the following rules yields first-best allocations: a supermajority rule, equal...
Persistent link: https://www.econbiz.de/10003937264
How does ideological polarization on non-economic matters influence the size of government? We analyze this question using a differentiated candidates framework: Two office-motivated candidates differ in their (fixed) ideological position and their production function for public goods, and...
Persistent link: https://www.econbiz.de/10009162083
We study how to efficiently motivate policy-makers to solve political multitask problems. Political multi-task problems typically have outcomes that are difficult to measure. Moreover, there are conflicts among citizens about optimal policies and the agents have the power to tax the citizens to...
Persistent link: https://www.econbiz.de/10012896451