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The budget forms the legal basis of government spending. If a budget is not in place at the beginning of the fiscal … year, planning as well as current spending are jeopardized and government shutdown may result. This paper develops a … rather than positive; and when there is divided government. We test the hypotheses of the model using a unique data set of …
Persistent link: https://www.econbiz.de/10008565835
Political economics predicts that the rich oppose redistribution and vote for conservative parties. Although this seemingly fits the data well in most countries, I show that the relationship breaks down when we control for unobservable characteristics. Using Norwegian survey data, I study to...
Persistent link: https://www.econbiz.de/10008673443
In spite of the clear objective assigned to the integration process in the 1950s, the institutional status of the European Union remains ambiguous and uneasy to define. The argument that we present in this article is that Europe has always hesitated between two forms of federalism. We use an...
Persistent link: https://www.econbiz.de/10005272605
This paper develops a simple model that analyses the relationship between a country?s oil endowment and the duration of its autocratic leader. The dictator uses the rents from oil extraction for both personal gain and to pay-off potential opposition and chooses an optimal level of oil...
Persistent link: https://www.econbiz.de/10005427662
reelect a non-reforming government during a recession. The empirical implication of this voter commitment mechanism is that …
Persistent link: https://www.econbiz.de/10011092149
provided the social benefit. In the second, all workers receive it through government provision. In the third, some workers …
Persistent link: https://www.econbiz.de/10008562417
remain obstinately blind to them, embracing a statist ideology and voting for an excessively large government. Conversely, an …
Persistent link: https://www.econbiz.de/10005662410
The determinants of government responsiveness to its citizens is a key issue in political economy. Here we develop a …
Persistent link: https://www.econbiz.de/10005791661
While previous research documents a negative relationship between government size and economic growth, suggesting an … economic cost of big government, a given government size generally affects growth differently in different countries. As a … possible explanation of this differential effect, we explore whether perceived government legitimacy (measured by satisfaction …
Persistent link: https://www.econbiz.de/10010420025
Persistent link: https://www.econbiz.de/10010423857