Showing 151 - 160 of 33,455
about the costs of secession for her community. This paper shows that this uncertainty is a central cause of secession … minority leader, signaling incentives make secession the unique equilibrium outcome, whether mutually advantageous compromises … their borders. -- Constitutional commitment ; secession ; signaling ; regional redistribution …
Persistent link: https://www.econbiz.de/10008699712
The vast majority of federations lack exit clauses. Existing theoretical explanations of this stylized fact focus on issues of credible commitment, signaling, and the risk of strategic exploitation. However, such accounts are unable to explain the adoption by the European Union (EU) of Article...
Persistent link: https://www.econbiz.de/10011884402
This paper analyses the case of a local secession, i.e. the birth of a new local jurisdiction by separation from an … model to the data by exploiting the secession of the Italian region of Molise from Abruzzo, a unique event in Italian …
Persistent link: https://www.econbiz.de/10012119652
In this paper we consider the implications for macroeconomic fiscal policy in Scotland if the Scottish electorate votes in favour of independence in the referendum on 18 September, 2014. We offer the paper in the spirit of the new thinking that the Scottish government's Fiscal Commission has...
Persistent link: https://www.econbiz.de/10010851100
This paper analyzes secessions through the lens of representative democratic institutions and considers the incentives of partisan political parties to support independence movements.  It points out that, if anything, separatists should expect to receive support from exactly the "unlike-minded"...
Persistent link: https://www.econbiz.de/10011004166
about the costs of secession for her community. This paper shows that this uncertainty is a central cause of secession … minority leader, signaling incentives make secession the unique equilibrium outcome, whether mutually advantageous compromises …
Persistent link: https://www.econbiz.de/10010545645
or unions. After calibrating the model to Europe, we identify the regions prone to secession and the countries most …
Persistent link: https://www.econbiz.de/10014196298
determining the likelihood of secession and unification. We provide empirical support for choosing genetic distances as a proxy of … cultural heterogeneity. By using data on genetic distances, we examine the stability of the current map of Europe and identify … the regions prone to secession and the countries that are more likely to merge. Our framework is further applied to …
Persistent link: https://www.econbiz.de/10014054107
determining a region's propensity to secede. Removing identity differences reduces the average support for secession from 7.5% to …
Persistent link: https://www.econbiz.de/10013388783
We analyze how secession movements unfold and the interdependence of regions' decisions to secede. We first model and … then empirically examine how secessions can occur sequentially because the costs of secession decrease with the number of … these "domino secessions" using the canonical case of the secession of southern U.S. states in the 1860s. We establish that …
Persistent link: https://www.econbiz.de/10014337822