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short-run confiscation and/or subsidy of capital and labor income is not important for the welfare gains of pre …: should fiscal policy pre-announce tax reforms before their implementation from a welfare point of view? Domeij and Klein … (2005) show that pre-announcement of an optimal tax reform is costly in terms of welfare. We reexamine their claim by taking …
Persistent link: https://www.econbiz.de/10009466995
I show that the weather condition on election day affects future fiscal policy. When it rains during state elections, there is an increase in the relative income of voters, which is followed by an increase in expenditure and debt. The increase in expenditure is directed towards a larger police...
Persistent link: https://www.econbiz.de/10013417291
I show that the weather condition on election day affects future fiscal policy. When it rains during state elections, there is an increase in the relative income of voters, which is followed by an increase in expenditure and debt. The increase in expenditure is directed towards a larger police...
Persistent link: https://www.econbiz.de/10014301981
This paper examines how and why people migrate between two re- gions with asymmetric size. The agglomeration force comes from the scale economies in the provision of local public goods, whereas the disper- sion force comes from congestion in consumption of public goods. Public goods considered...
Persistent link: https://www.econbiz.de/10010938983
This paper examines how and why people migrate between two regions with asymmetric size. The agglomeration force comes from the scale economies in the provision of local public goods, whereas the dispersion force comes from congestion in consumption of public goods. Public goods considered...
Persistent link: https://www.econbiz.de/10010927680
For at least fifty years economists have argued that vertically-aggregated marginal willingness to pay, when set equal to marginal provision cost, will result in optimal public good provision levels. This methodological approach would be expected to yield an exact analog, in terms of optimal...
Persistent link: https://www.econbiz.de/10008493588
The private exchange of charitable gifts (e.g. charity gift-cards) has recently become an important source of donations to charities. In this paper we study this new phenomenon using the classical model of private provision of public goods, modified to account for exchange of private gifts....
Persistent link: https://www.econbiz.de/10010734665
Through what channel and to what extent does the inflow of remittances affect the quality of governance in the recipient countries? Recent studies suggest that a rise in remittances reduces public goods provision. Scholars generally agree that remittances increase consumption expenditure of the...
Persistent link: https://www.econbiz.de/10011103330
Where does the money come from to buy votes? We argue that an important source of funds for vote-buying comes from 'contract clientelism', or the provision of public contracts to private firms in exchange for campaign donations. Using quantitative data on Colombian infrastructure contracts, we...
Persistent link: https://www.econbiz.de/10012650862
With the rapid expansion of private forest plantations worldwide, their impacts on local development are under scrutiny by NGOs and researchers alike. This study investigates the impacts of private forest plantations on local infrastructure and social services in rural Tanzania. We take a...
Persistent link: https://www.econbiz.de/10011735970