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Bernstein, David P. - 2012

This paper considers the impact of population aging on tax competition among states. The analysis presented here suggests that fiscal impacts associated with tax competition will be substantially larger once the baby boom generation retires

Persistent link: https://www.econbiz.de/10012754841

Electoral rules for mayors and incentives to pork-barrel : quasi-experimental evidence from German municipalities ; conference paper

Hessami, Zohal - 2014

This paper exploits a natural experiment in Hesse where a reform of the electoral rule from mayor appointment by the local council towards direct mayor elections was introduced during a phase-in period from 1993 to 1998. The end of the term of the last appointed mayor varies across...

Persistent link: https://www.econbiz.de/10010485272

Limited Liability and the Known Unknown

Simkovic, Michael - 2018

Private firms often withhold information or contest scientific knowledge when public revelation could lead to costly regulations or liability. This concealment leads to negative externalities and public harm. But what if private firms' superior knowledge and self-interest could be harnessed to...

Persistent link: https://www.econbiz.de/10012927870

Direct democracy and local government efficiency

Asatryan, Zareh; De Witte, Kristof - 2014

This paper studies the role of direct democracy in ensuring efficient and cost effective provision of goods and services in the public sector. The sample consists of the population of municipalities in the German State of Bavaria, where in the mid-1990s considerable direct democratic reforms...

Persistent link: https://www.econbiz.de/10010249630

The political economy of municipal amalgamation : evidence of common pool effects and local public debt

Feld, Lars P.; Fritz, Benedikt - 2015

This paper investigates the political economy of after merger effects of the large scale municipal amalgamations in the German state of Baden-W¨urttemberg in the early 1970s. By exploiting the huge variance in the amalgamation process in terms of number of participating municipalities,...

Persistent link: https://www.econbiz.de/10011404642

The political economy of municipal amalgamation : evidence of common pool effects and local public debt

Fritz, Benedikt; Feld, Lars P. - 2015

This paper investigates the political economy of after merger effects of the large scale municipal amalgamations in the German state of Baden-Württemberg in the early 1970s. By exploiting the huge variance in the amalgamation process in terms of number of participating municipalities,...

Persistent link: https://www.econbiz.de/10011406787

Public Sector Inefficiency in Large U.S. Cities

Grossman, Philip J.; Mavros, Panayiotis; Wassmer, Robert W. - 1998

Much of the economic analysis of local governments assumes that local policymakers operate in a competitive environment where cities produce a level of local public sector output that can be considered "efficient". Efficiency can be quantifies as the highest value of local property tax base...

Persistent link: https://www.econbiz.de/10014068759

A Theory Towards the Selective Public Goods Provision Behavior of China’s Local Government

Gao, Yanyan - 2012

This paper investigates the selective public goods provision behavior of China’s local government and its effects. Theoretic models of dominative local officials are constructed to understand public goods provision, which is compared with the residents’ as well as sectors’ demand for...

Persistent link: https://www.econbiz.de/10014170060

Retirement with perfect insurance

Kula, Grzegorz - 2003

worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …

Persistent link: https://www.econbiz.de/10011334338

When prices hardly matter : incomplete insurance contracts and markets for repair goods

Nell, Martin; Richter, Andreas; Schiller, Jörg - 2006

purchases a good to compensate consequences of unfavorable events, such as an accident or an illness. Insurance policies in most … lines of insurance base indemnity on the insured's actual expenses, i.e., the insured would be partially or completely … reimbursed when purchasing certain goods. In this setting we discuss the interaction between insurance and repair markets by …

Persistent link: https://www.econbiz.de/10010441548

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