This paper analyzes the financial regulatory structure of the US (federal level) from the point of view of information-flow. Two central discussions regarding regulation of the financial sector have been developing simultaneously: one regards the role of financial regulators in crisis prevention...

By conditioning their support for political incumbents on observed performance outcomes, voters can motivate elected officials to represent their interests faithfully while in office. Whether elections serve this function in sub-national U.S. government remains unclear, however, because much of...

One of the biggest problems with modern democracy is that most of the public is usually ignorant about politics and government. Many people understand that their votes are unlikely to change the outcome of an election and don't see the point in learning much about politics. This creates a nation...

Many of the world's major cities have attracted a flurry of out-of-town (OOT) home buyers. Such capital inflows affect house prices, rents, construction, labor income, wealth, and ultimately welfare. We develop an equilibrium model, calibrated to the typical U.S. metropolitan area, to quantify...

The article is aimed to present the results of research connected with young people's attitude to decentralisation and a civil society in Poland based on the example of students of economy high schools in Wrocław

This paper was mainly intended to enable a preliminary assessment of the factors qualifying the out-of-town full-time students, temporarily staying in Wrocław, for the participation in creating the participatory budget of Wrocław. We can observe that only small group of students voted for...

In his important new book, The Crisis of the Middle-Class Constitution, Ganesh Sitaraman argues that growing economic inequality over the last several decades and the resulting decline of the middle class is “the number one threat to American constitutional government.” He also contends that...

We analyze a model of moral hazard in local public services which could be efficiently managed by officials under local democratic accountability, but not by officials who are appointed by the ruler of a centralized autocracy. The ruler might prefer to retain an official who diverted resources...

State and local governments and all federal grantees must operate their programs. services. and activities are readily accessible to persons with disabilities when the program, service, or activity is viewed in its entirety. This Article submits that courts should adopt an expansive reading of...

The South Korean Ministry of Environment, Korea Environmental Industry and Technology Institute, Ministry of Economy and Finance, and Public Procurement Service are working collaboratively to promote green purchasing policies across all levels of South Korean government. A primary reason for...