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Persistent link: https://www.econbiz.de/10001823225
New government spending must be approved by a referendum of citizens in many Swiss cantons. This decisionmaking procedure seems like a simple way to address citizen-legislator agency problems, but little systematic evidence is abailable concerning its effect on spending outcomes. We estimate...
Persistent link: https://www.econbiz.de/10001524205
New government spending must be approved by a referendum of citizens in many Swiss cantons. This decisionmaking procedure seems like a simple way to address citizen-legislator agency problems, but little systematic evidence is available concerning its effect on spending outcomes. We estimate...
Persistent link: https://www.econbiz.de/10009781600
In many Swiss cantons, new government programs must be approved by a referendum of citizens before money can be spent. Referendums seem like a natural way to address citizen-legislator agency problems, yet statistical evidence on how referendums affect spending decisions is almost nonexistent....
Persistent link: https://www.econbiz.de/10014032873