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This paper presents a dynamic politico-economic theory of fiscal policy to explain the simultaneous existence of public education and pensions in modern democracies. The driving force of the model is the intergenerational conflict over the allocation of the public budget. Successive generations...
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Group-based identity undermines democracy by impeding democratic change of government. A substantial literature has … therefore studied how to make democracy consistent with group identity. We contribute to this literature by introducing the role … or replacement of local government because of disfunctionality. Our general contribution is to show how democracy can …
Persistent link: https://www.econbiz.de/10010498619
Group-based identity undermines democracy by impeding democratic change of government. A substantial literature has … therefore studied how to make democracy consistent with group identity. We contribute to this literature by introducing the role … or replacement of local government because of disfunctionality. Our general contribution is to show how democracy can …
Persistent link: https://www.econbiz.de/10010494789
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We argue that the rich information environment created by ballot measures makes some policy issues more salient, shaping voters' positions on broad topics such as the importance of the economy. This in turn may affect candidate choice for national and statewide elected office. We theorize that...
Persistent link: https://www.econbiz.de/10013133830
Direct democracy is extraordinarily popular and has become a pervasive policymaking tool at the state and local level … variable, we model the extent to which institutional evaluations of direct democracy influence voting behavior in ballot … direct democracy are more likely to vote yes, while those who are apprehensive about voting on ballot measures are more …
Persistent link: https://www.econbiz.de/10013151001