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One of the most distinctive characteristics of the U.S. telephone system is that it has always been privately owned, in stark contrast to the pattern of government ownership followed by virtually every other nation. What is not widely known is how close the United States came to falling in line...
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. Finally, we derive a positive relationship between the optimal level of a bureaucracy's influence and the relevance of long …-term investments in a given policy area. -- political agency ; hyperbolic discounting ; bureaucracy …
Persistent link: https://www.econbiz.de/10009744916
-seeking ; bureaucracy ; public-sector production ; conditional grants ; opportunistic government …
Persistent link: https://www.econbiz.de/10009723181
The current debt crisis in many OECD countries calls for adequate strategies in budget consolidation. To regain fiscal solvency many governments base their fiscal adjustments at least partly on spending cuts. A common political claim is that spending cuts rely too much on investment thereby...
Persistent link: https://www.econbiz.de/10012168358
During the Great Recession mass demonstrations indicated weakened political support in Europe. We show that growing dissatisfaction often reflects poor economic conditions and unemployment is particularly important. Using individual level data for 16 Western European countries for 1976-2010, we...
Persistent link: https://www.econbiz.de/10010230320
During the Great Recession mass demonstrations indicated weakened political support in Europe. We show that growing dissatisfaction reflects poor economic conditions; unemployment is particularly important. Using individual level data for 16 Western European countries for 1976-2010, we find that...
Persistent link: https://www.econbiz.de/10011489956
The current debt crisis in many OECD countries calls for adequate strategies in budget consolidation. To regain fiscal solvency many governments base their fiscal adjustments at least partly on spending cuts. A common political claim is that spending cuts rely too much on investment thereby...
Persistent link: https://www.econbiz.de/10008462039
First, the institutions of direct democracy, referendum and initiative, are described. One of the main arguments … the interests of the citizens. Thus, the results of empirical studies investigating the effects of direct democracy are … Germany) against direct democracy as well as the possibilities resulting from the new electronic media …
Persistent link: https://www.econbiz.de/10008466379
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