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U.S. Shadow Economies : A State-Level Study
Wiseman, Travis - 2015
Recent studies of shadow economies focus primarily on cross-country comparisons. Few have examined regional or state-level variations in underground economic activity. This paper presents estimates of the shadow economy for 50 U.S. states over the period 1997 to 2008. Results suggest that tax...
Persistent link: https://www.econbiz.de/10013036033
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Misuse of institutions : lessons from Transition
Poliščuk, Leonid - 2010
The paper explores a phenomenon often observed in transition economies, when newly established institutions are misused … incidences institutions become sources of private gains and lose their value-creation role and capacity. We offer a typology of … governments and societies fail to serve as institutions' guardians. Implications misused institutions for economic and political …
Persistent link: https://www.econbiz.de/10008662276
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Why does centralisation fail to internalise policy externalities?
Dur, Robert A. J.; Roelfsema, Hein J. - 2003 - Rev.
We provide an explanation why centralisation of political decision makingresults in overspending in some policy domains, whereas too low spending persists in others.We study a model in which delegates from jurisdictions bargain over local public goods provision.If all of the costs of public...
Persistent link: https://www.econbiz.de/10011326940
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Suspiciously timed trade disputes
Conconi, Paola; DeRemer, David R.; Kirchsteiger, Georg; … - 2015
This paper shows that electoral incentives affect the occurrence of trade disputes. Focusing on WTO disputes filed by the United States during the 1995-2012 period, we show that U.S. presidents are more likely to initiate a dispute in the year preceding their re-election date. Moreover, disputes...
Persistent link: https://www.econbiz.de/10010530066
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The design of political institutions : electoral competition and the choice of ballot access restrictions in the United States
Drometer, Marcus; Rincke, Johannes - 2008
view that political institutions are exogenous to the behavior of agents in the political arena. We explicitly address the … potential endogeneity of institutions by examining the link between the degree of electoral competition and the design of ballot … independent candidates have been systematically adjusted to changing degrees of electoral competition. -- political institutions …
Persistent link: https://www.econbiz.de/10009746793
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Divided we reform? : evidence from US welfare policies
Bernecker, Andreas - 2014
Divided government is often thought of as causing legislative deadlock. I investigate the link between divided government and economic reforms using a novel data set on welfare reforms in US states between 1978 and 2010. Panel data regressions show that under divided government a US state is...
Persistent link: https://www.econbiz.de/10010229882
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Endogenous Tax Policy in a Computable Economic and Political Equilibrium : With Application to the United States, 1973-1983
Rutherford, Thomas - 2017
A computable model of economic and political competition is developed in which tax rates and the size of government are determined along with private prices and quantities in a broader equilibrium. The framework is applied to the United States by incorporating the GEMTAP model (with 19...
Persistent link: https://www.econbiz.de/10012961643
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Vote Buying in the US Congress
Matter, Ulrich - 2019
We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012861433
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The Role of Electoral Incentives for Policy Innovation : Evidence from the U.S. Welfare Reform
Bernecker, Andreas - 2018
We investigate whether the decision to experiment with novel policies is influenced by electoral incentives. Our empirical setting is the U.S. welfare reform in 1996, which marked the most dramatic shift in social policy since the New Deal. We find that electoral incentives matter: governors...
Persistent link: https://www.econbiz.de/10012918056
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The Design of Political Institutions : Electoral Competition and the Choice of Ballot Access Restrictions in the United States
Drometer, Marcus; Rincke, Johannes - 2021
view that political institutions are exogenous to the behaviour of agents in the political arena. We explicitly address the … potential endogeneity of institutions by examining the link between the degree of electoral competition and the design of ballot …
Persistent link: https://www.econbiz.de/10013316474