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Fetzer, Thiemo; Shaw, Callum; Edenhofer, Jacob - 2024

Formal conceptions of state capacity have mostly focused on indirect measures of state capacity - by, for instance, using the state's fiscal or extractive capacity as a proxy for its overall capacity. Yet, this input or extractive view of state capacity falls short, especially since...

Persistent link: https://www.econbiz.de/10014502275

Informational boundaries of the state

Fetzer, Thiemo; Shaw, Callum; Edenhofer, Jacob - 2024

Persistent link: https://www.econbiz.de/10014463568

Creating Markets out of Nothing:The Case of the Continuing Education System in Greece

Ioannidis, Yiorgos - Volkswirtschaftliche Fakultät, … - 2013

The development of the vocational training policy constitutes one of the most interesting examples of a policy which was introduced entirely due to the pressure exercised by the E.U., but it was implemented in such a way that it served the domestic political economy. The seven laws and the...

Persistent link: https://www.econbiz.de/10011259035

Promoting an Effective Market Economy in a Changing World

Buiter, Willem H.; Lago, Ricardo; Stern, Nicholas - C.E.P.R. Discussion Papers - 1996

coming decades: increasing internationalization; market-orientation; diminished government role; and high real interest rates …

Persistent link: https://www.econbiz.de/10005124132

Markets Versus Governments: Political Economy of Mechanisms

Acemoglu, Daron; Golosov, Michael; Tsyvinski, Oleg - Society for Economic Dynamics - SED - 2006

with full commitment power, we assume that any centralized mechanism can only be operated by a self-interested ruler/government … used despite the commitment problems and the different interests of the government and the citizens. Using this tool, we … show that if the government is as patient as the agents, the best sustainable mechanism leads to an asymptotic allocation …

Persistent link: https://www.econbiz.de/10005069251

Political economy of Ramsey taxation

Acemoglu, Daron; Golosov, Mikhail; Tsyvinski, Aleh - In: Journal of Public Economics 95 (2011) 7, pp. 467-475

We study the dynamic taxation of capital and labor in the Ramsey model under the assumption that taxes and public good provision are decided by a self-interested politician who cannot commit to policies. We show that, as long as the politician is as patient as the citizens, the Chamley–Judd...

Persistent link: https://www.econbiz.de/10010577634