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According to the Globalization Paradox, globalization limits the freedom of choice for national governments. Capital mobility in particular induces tax competition, thus putting downward pressure on capital taxes. However, while capital mobility introduces the inefficiency of tax competition, it...
Persistent link: https://www.econbiz.de/10013050479
According to the Globalization Paradox, globalization limits the freedom of choice for national governments. Capital mobility in particular induces tax competition, thus putting downward pressure on capital taxes. However, while capital mobility introduces the inefficiency of tax competition, it...
Persistent link: https://www.econbiz.de/10010375314
To explore the propagation of populist extremism across countries, we construct a multi-country model wherein each country's politician sequentially implements a policy. Voters learn the incumbent politician's type and the desirable policy by observing foreign policies on top of the domestic...
Persistent link: https://www.econbiz.de/10012894379
Regulatory outcomes can vary substantially from one US state to the next. For example, at the end of 2002 regulated prices for access to the local loops of incumbent telephone networks varied from $2.79 per month in downtown Chicago, IL to $7.70 in Manhattan, NY to $12.14 in Houston, TX....
Persistent link: https://www.econbiz.de/10014071701
To explore the propagation of undesirable policies in a form of populist extremism, we construct a social learning model featuring agency problems. Politicians in different countries sequentially implement a policy. Voters learn the incumbent politician's type and the desirable policy by...
Persistent link: https://www.econbiz.de/10012840381
This paper introduces preliminary evidence from a cross-country database of policy characteristics and potential uses of that database. While most databases have emphasized either the content of policies (e.g., size of government deficits) or countries&' formal institutions (e.g., political...
Persistent link: https://www.econbiz.de/10003794706
A large literature examines government fiscal interactions in federations. However, the empirical evidence is scattered and inconclusive, especially with respect to the size of interactions, as well as the institutional and economic determinants underpinning them. This paper uses meta-regression...
Persistent link: https://www.econbiz.de/10009230792
We develop a theoretical framework for equity in council voting games (CVGs). In a CVG, a fully representative voting … body delegates decision-making to a subset of the members, as describes, e.g., the United Nations Security Council (UNSC …
Persistent link: https://www.econbiz.de/10010223052
change decisions. This theory is often applied to weighted voting situations, where voters can cast multiple votes. Measuring …Voting power in voting situations is measured by the probability of changing decisions by altering the cast 'yes' or … they are not even there to vote. We look at absentees not due to a conscious decision, but due to illness, for instance …
Persistent link: https://www.econbiz.de/10009154768
The traditional school of economic policy analysis predicts that globalisation will give rise to predatory competition between the governments of the European nation states. The consequence is anticipated to be a marked reduction in, if not the destruction of, the benevolent Welfare State. The...
Persistent link: https://www.econbiz.de/10011408984