Results 81 to 90 of about 1,759,437 (190)
"Overlapping Tax Revenue, Soft Budget, and Rent Seeking" [PDF]
This paper investigates how the soft-budget constraint with grants from the central government to local governments tends to internalize the vertical externality of local public investment by stimulating local expenditure when both the central and local ...
Toshihiro Ihori
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Do capital controls affect the response of investment to saving? evidence from the Pacific Basin [PDF]
This paper examines the effect of capital controls on the response of investment to savings in Pacific Basin countries. A robust finding is that the size of the savings coefficient tends to be smaller (larger) in countries with relatively higher (lower ...
Sun Bae Kim
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Politics and public infrastructure investments in local governments: empirical evidence from Flemish municipalities (1996-2006) [PDF]
In this paper, we estimate a public infrastructure investment function using a panel data set of 307 Flemish municipalities for the period 1996-2006. We particularly draw attention to political determinants of public infrastructure investment decisions ...
Goeminne, Stijn, Smolders, Carine
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"Overlapping Tax Revenue, Local Debt Control and Soft-Budget Constraint" [PDF]
This paper investigates how the soft budget constraint with grants from the central government to local governments tends to internalize the vertical externality by stimulating insufficient local expenditure when both the central and local governments ...
Toshihiro Ihori
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Habit Formation and Fiscal Transmission in Open Economies [PDF]
In this paper we analyze the ability of an open economy version of the neoclassical model to account for the time-series evidence on fiscal policy transmission. In a first step, we identify government spending shocks within a vector autoregression model.
Gernot J. Muller, Olivier Cardi
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War and Natural Resource Exploitation [PDF]
Although the relationship between natural resources and civil war has received much attention, little is known about the underlying mechanisms. Controversies and contradictions in the stylized facts persist because resource extraction is treated as ...
Dominic Rohner, Frederick Van der Ploeg
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An Analysis of Water Related Infrastructure Spending in Georgia [PDF]
This report examines the effects of past Georgia state and local government infrastructure investments and conservation policies on water quality and quantity and explores the necessary infrastructure investment to maintain future water quality and ...
Peter Bluestone
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DECENTRALIZATION´S EFFECTS ON EDUCATIONAL OUTCOMES IN BOLIVIA AND COLOMBIA [PDF]
The effects of decentralization on public sector outputs is much debated but little agreed upon. This paper compares the remarkable case of Bolivia with the more complex case of Colombia to explore decentralization´s effects on public education outcomes.
Fabio Sanchez, Jean-Paul Faguet
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Economic Growth With Optimal Public Spending Compositional [PDF]
This paper uses a one-sector, endogenous growth model to study optimal composition between public investment and consumption in government expenditure and its relationships with economic growth.
Been-Lon Chen
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