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Passarelli, Francesco; Tabellini, Guido Enrico - 2013

unpleasant policy choices. -- emotions ; political economics ; unrest ; riots ; fairness ; public debt ; procrastination …This paper formulates a general theory of how political unrest influences public policy. Political unrest is motivated … by emotions. Individuals engage in protests if they are aggrieved and feel that they have been treated unfairly. This …

Persistent link: https://www.econbiz.de/10009722397

Austerity : Causes, Consequences and Remedies

Larson, Sven R. - 2012

Austerity is a concept that is often used in the public debate. It refers to fiscal policy measures that reduce government spending and raise taxes for the purposes of closing a government budget deficit. This paper analyzes the concept in the context of the current European economic crisis and...

Persistent link: https://www.econbiz.de/10013107161

Compliance Effects of Sovereign Debt Cuts

Janeba, Eckhard - 2019

The controversy about sovereign debt cuts loomed prominently throughout crisis in the European Union (EU), as the EU legal rules were viewed to impose strict limitations on debt restructuring involving public creditors due to moral hazard concerns enshrined in the legal ban on bailouts. This...

Persistent link: https://www.econbiz.de/10012866369

Explaining Reform Deadlocks

Heinemann, Friedrich - 2004

Countries are often slow to adjust their economic structures to new necessities although this reform reluctance is costly in terms of growth and employment. This paper analyses the relevant factors that block or foster economic reforms. Theoretical considerations show that there are at least...

Persistent link: https://www.econbiz.de/10010297364

Bundesrepublik Erde: Grundrechte und Grundgesetz für die ganze Welt

Dilger, Alexander - 2015

In diesem Beitrag wird das kontrafaktische Szenario betrachtet, dass die ganze Erde einen globalen Bundesstaat nach dem Vorbild der Bundesrepublik Deutschland bilden würde, in dem das Grundgesetz analog für alle Menschen und Länder Geltung hätte. Grundgesetz und Organisation der...

Persistent link: https://www.econbiz.de/10011304526

The economic effects of constitutions: replicating - and extending - Persson and Tabellini

Blume, Lorenz; Müller, Jens; Voigt, Stefan; Wolf, Carsten - 2007

Persson and Tabellini (2003) show that presidential regimes and majoritarian election systems have important effects on fiscal policy, government effectiveness and productivity. Here, their dataset is extended in a number of ways: the number of countries included is increased from 85 to up to...

Persistent link: https://www.econbiz.de/10010264145

On the determinants and effects of political influence

Chong, Alberto; Gradstein, Mark - 2007

This paper uses a large cross-country survey of business firms to assess their influence on government policies. It is found that influence is associated with larger, government-owned firms that have a high degree of ownership concentration. In contrast, foreign ownership matters little. It is...

Persistent link: https://www.econbiz.de/10010278305

Competing Social Models in the Global Economy

Sørensen, Peter Birch - In: CESifo Forum 12 (2011) 3, pp. 21-28

Persistent link: https://www.econbiz.de/10011696022

How Decentralised Is Government Activity?

Osterkamp, Rigmar; Eller, Markus - In: CESifo DICE Report 01 (2003) 1, pp. 32-35

Persistent link: https://www.econbiz.de/10011696421

Functional Decentralisation of Government Activity

Osterkamp, Rigmar; Eller, Markus - In: CESifo DICE Report 01 (2003) 3, pp. 36-42

Persistent link: https://www.econbiz.de/10011696443

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