Showing 1 - 10 of 874
According to an influential theoretical argument, presidential systems tend to present smaller governments because the separation between those who decide the size of the fiscal purse and those who allocate it creates incentives for lower public expenditures. In practice, forms of government...
Persistent link: https://www.econbiz.de/10013071724
According to an influential theoretical argument, presidential systems tend to present smaller governments because the separation between those who decide the size of the fiscal purse and those who allocate it creates incentives for lower public expenditures. In practice, forms of government...
Persistent link: https://www.econbiz.de/10010244857
execution stage of the budgeting process, while it is not significant at the formulation and legislation stages. These results …
Persistent link: https://www.econbiz.de/10012965640
There is a well-established literature analyzing the effects of fiscal institutions on fiscal policy variables such as budget deficits or accumulated government debt. We combine this literature with the emerging field of positive constitutional economics, which deals with the economic effects of...
Persistent link: https://www.econbiz.de/10014182281
Persistent link: https://www.econbiz.de/10003711580
Persistent link: https://www.econbiz.de/10010521337
Effective legislatures are fundamental to promoting good governance and are a critical component in a country's overall governance framework. Although differences exist across government systems, legislatures, through their constitutional mandates, fulfill three core functions: representation,...
Persistent link: https://www.econbiz.de/10012561431
In most countries, parliament has the constitutional mandate to both oversee and hold government to account. In light of the increased focus on good governance, academics and legislative strengthening practitioners are re-examining parliament's oversight function with a view to increasing public...
Persistent link: https://www.econbiz.de/10012673896
Using an estimation method developed by Blanchard and Wolfers (2000) we study whether the size of a country's legislature impacts its fiscal response to common and country-specific shocks. The use of this method allows us to estimate the effects of legislature size while also controlling for...
Persistent link: https://www.econbiz.de/10013049314
In this chapter, we review the recent literature on conflict and appropriation. Allowing for the possibility of conflict, which amounts to recognizing the possibility that property rights are not perfectly and costlessly enforced, represents a significant departure from the traditional paradigm...
Persistent link: https://www.econbiz.de/10014024407