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Fiscal Rules and Discretion Under Self-Enforcement

Halac, Marina - 2017

We study a fiscal policy model in which the government is present-biased towards public spending. Society chooses a fiscal rule to trade off the benefit of committing the government to not overspend against the benefit of granting it flexibility to react to privately observed shocks to the value...

Persistent link: https://www.econbiz.de/10012946435

Institutions, Factor Prices and Taxation : Virtues of Strong States?

Acemoglu, Daron - 2010

Many of the most pernicious economic institutions and policies create entry barriers or manipulate factor prices to transfer resources from entrepreneurs and workers to groups that hold political power. These inefficiencies partly result from the fact that direct and efficient fiscal instruments...

Persistent link: https://www.econbiz.de/10013148743

Fiscal Rules and Discretion Under Limited Enforcement

Halac, Marina - 2019

Persistent link: https://www.econbiz.de/10012895295

Structural Policy and Public Finance Under Institutional Uncertainty

Gasanov, Sergii - 2018

policy is justified in view of the actual state of the public finance, objectives and institutional conditions of the …

Persistent link: https://www.econbiz.de/10012927226

Political budget cycles in the European Union and the impact of political pressures : a dynamic panel regression analysis

Efthyvoulou, Georgios - 2010

This paper investigates the presence of political budget cycles (PBCs) in the European Union using a data set encompassing all 27 current member states over the period 1997-2008, and analyzes what may explain their variability across countries and over time. Conditioning on partisan...

Persistent link: https://www.econbiz.de/10003920014

Finance and democracy in Africa

Asongu, Simplice A. - 2011

This paper focuses on how political regimes affect financial development in Africa, contingent on religious-domination, income-levels and colonial-legacies. The main findings are summarized as follows. Authoritarian regimes have a higher propensity to effect policies that favour the development...

Persistent link: https://www.econbiz.de/10011410331

El capital como poder : un estudio del orden y el creorden

Bikler, Šimšōn; Nitzan, Jonathan - 2018

Las teorías convencionales del capitalismo están sumidas en una profunda crisis: tras siglos de debates todavía son incapaces de decirnos qué es el capital. Tanto liberales como marxistas se refieren al capital como una entidad "económica" que puede ser contabilizada en unidades universales...

Persistent link: https://www.econbiz.de/10011844476

James M. Buchanan and the Journal of Public Finance and Public Choice : Extending the Italian Tradition of Public Finance

Wagner, Richard E. - 2017

The Journal of Public Finance and Public Choice began publication in 1983 under the title Economia delle scelte … Empoli) desire to amplify and extend the Italian orientation toward public finance that Antonio de Viti de Marco (1888) set …, however, remains unchanged, in that it continues to welcome contributions within public finance and public choice within the …

Persistent link: https://www.econbiz.de/10012948300

Revolving doors in government debt management

Silano, Filippo - 2022

's side effect could entail the risk of capture. Causes are the dominance of the industry's mindset over public finance, the …

Persistent link: https://www.econbiz.de/10013174844

The USA today: The never-ending fighting

Michalopoulos, Dimitris - In: Entelequia. Revista Interdisciplinar (2008) 8, pp. 1-7

A terrorist... to be or not to be? In point of fact, being designated a 'terrorist' depends on the political climate. If one commits acts of violence in the name of some statehood, one is the law; but if one acts violently, in the name of an ideal but against some statehood, one is a terrorist....

Persistent link: https://www.econbiz.de/10004972744