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An Implementable Institutional Reform that Transfers Control of Government Spending Levels from Politicians to Voters
Graves, Philip E. - 2011
Elected representatives have little incentive to pursue the interests of those electing them once they are elected. This well-known principle-agent problem leads, in a variety of theories of government, to non-optimally large levels of government expenditure. An implication is that budgetary...
Persistent link: https://www.econbiz.de/10012713812
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Chasing Putnam : The Relationship between Democratization and Civicness in Transitional Post-Communist Countries
Braghiroli, Stefano; Gherghina, Sergiu - 2011
Democracy and civic involvement are core values of contemporary Europe. To what extent do citizens’ attitudes relate …
Persistent link: https://www.econbiz.de/10014183832
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Некоторые Политические Факторы Изменения Нагрузки Государства На Экономику (Some Political Factors of Government Spending Surges and Cuts)...
Yanovskiy, Konstantin - 2015
government, Democracy with rare power rotations. We paid attention on Leftist political parties' power as a spending factor. We …
Persistent link: https://www.econbiz.de/10013013757
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Политико-экономические заметки о финансовом кризисе 2007-2009 (Politico-Economic Notes on Crisis 2007 - 2009)
Yanovskiy, Konstantin - 2022
Russian Abstract: В данной записке сравниваются ошибки инвесторов, провалы рынка и провалы государства, как факторы, объясняющие кризис 2007-2009 гг. Показано, что если...
Persistent link: https://www.econbiz.de/10013291378
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Direct Democracy, Voter Preferences and Government Spending
Funk, Patricia; Gathmann, Christina - 2013
conservative, less in favor of redistribution and less supportive of public spending tend to have stronger direct democracy. We … canton characteristics. We then revisit the relationship between direct democracy and public spending. Once we fully control … for voter preferences, the cross-sectional correlation between direct democracy and government spending declines by …
Persistent link: https://www.econbiz.de/10014062880
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Democracy of 'Taxation-Redistribution' and Peacetime Budget Deficit
Yanovskiy, Konstantin; Shestakov, Daniel; Zhavoronkov, … - 2016
The link between an introduction of the universal suffrage and the growth of government spending has been established in some literature (Meltzer, Richard, 1981, Aidt et al., 2006, Funk and Guthmann, 2006). In this article we try to identify a more detailed mechanism behind that link. So, we...
Persistent link: https://www.econbiz.de/10014150738
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Populist Policies in the Transition to Democracy
Mejía, Daniel; Posada, Carlos Esteban - 2006
democracy. According to the results of the model populist redistribution (or military repression), if any, increases with … initial wealth inequality and with the amount of redistribution that the poor can undertake under democracy, and decreases …
Persistent link: https://www.econbiz.de/10014063108
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Habit Formation, Strategic Extremism and Debt Policy
Matsen, Egil; Thogersen, Oystein - 2021
We suggest a probabilistic voting model where voters' preferences for alternative public goods display habit formation. Current policies determine habit levels and in turn the future preferences of the voters. This allows the incumbent to act strategically in order to influence the probability...
Persistent link: https://www.econbiz.de/10013316650
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Habit Formation, Strategic Extremism, and Debt Policy
Matsen, Egil; Thogersen, Oystein - 2010
We suggest a probabilistic voting model where voters’ preferences for alternative public goods display habit formation. Current policies determine habit levels and in turn the future preferences of the voters. This allows the incumbent to act strategically in order to influence the probability...
Persistent link: https://www.econbiz.de/10014197897
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Shadow economies and corruption all over the world : revised estimates for 120 countries
Schneider, Friedrich; Bühn, Andreas - 2009 - Rev.
Estimations of the shadow economies for 120 countries, including developing, Eastern Europe and Central Asian and high income OECD countries over 1999 to 2006 are presented. The average size of the shadow economy (as a percent of "official" GDP) in 2004/05 in 76 developing countries is 35.5%, in...
Persistent link: https://www.econbiz.de/10003939675