Votingon the "Optimal" Size of Government /
Viewing fiscal policies as the outcome of democratically resolved conflicts of households over public goods and taxes, the 'economic model of politics' proposes a public choice approach, which does not rely on social welfare functions. With it, a country's overall budget can be derive...
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2000.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2000/174 |
| Acesso em linha: | Full text available on IMF |
| Resumo: | Viewing fiscal policies as the outcome of democratically resolved conflicts of households over public goods and taxes, the 'economic model of politics' proposes a public choice approach, which does not rely on social welfare functions. With it, a country's overall budget can be derived endogenously, electoral fluctuations explained on the basis of changes to the individuals' income and wealth, and political behavior described in terms of the individuals' decisions regarding votes, abstentions, and party membership. The model suggests that a country's wealth distribution is a crucial variable affecting its economic stability and the government's size relative to output. |
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| Descrição do item: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Descrição Física: | 1 online resource (22 pages) |
| Formato: | Mode of access: Internet |
| ISSN: | 1018-5941 |
| Acesso: | Electronic access restricted to authorized BRAC University faculty, staff and students |