I establish conditions for existence of pure strategy equilibria in K-candidate Downsian electoral competition (K ≥ 2) with valence when the voting rule is monotonic, generalizing results by Ansolabehere and Snyder (2000) and Martin et al. (2021). The conditions are sufficient when K ≥ 2 and...

The literature on tax competition generally concludes that international coordination of capital taxes among symmetric countries increases tax rates. This paper investigates whether this conclusion also holds in a political economy framework where taxes are set by elected policy makers. It shows...