Comparative Politics and Public Finance
AbstractThe postwar neoclassical theory of normative public finance has been written from a Pigovian perspective. It addresses questions about optimal taxation and allocation of public goods from the perspective of a benevolent social planner. This field of research has produced many important principles and insights regarding what governments should do. It nevertheless suffers from an important weakness, which has been forcefully pointed out by the Public Choice school: it neglects that political representatives rationally follow their self-interest.
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Bibliographic InfoPaper provided by Stockholm - International Economic Studies in its series Papers with number 633.
Length: 52 pages
Date of creation: 1997
Date of revision:
Contact details of provider:
Postal: UNIVERSITY OF STOCKHOLM, INSTITUTE FOR INTERNATIONAL ECONOMIC STUDIES, S- 106 91 STOCKHOLM SWEDEN.
Web page: http://www.iies.su.se/
More information through EDIRC
PUBLIC FINANCE ; POLITICS ; TAXATION ; PUBLIC GOODS;
Other versions of this item:
- Persson, Torsten & Roland , Gérard & Tabellini, Guido, 1997. "Comparative Politics and Public Finance," Seminar Papers 633, Stockholm University, Institute for International Economic Studies.
- Persson, Torsten & Roland, Gérard & Tabellini, Guido, 1997. "Comparative Politics and Public Finance," CEPR Discussion Papers 1737, C.E.P.R. Discussion Papers.
- Torsten Persson & Gerard Roland & Guido Tabellini, . "Comparative Politics and Public Finance," Working Papers 114, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- H2 - Public Economics - - Taxation, Subsidies, and Revenue
- H4 - Public Economics - - Publicly Provided Goods
- D7 - Microeconomics - - Analysis of Collective Decision-Making
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- V. V. Chari & Larry E. Jones & Ramon Marimon, 1997.
"The economics of split-ticket voting in representative democracies,"
582, Federal Reserve Bank of Minneapolis.
- Chari, V V & Jones, Larry E & Marimon, Ramon, 1997. "The Economics of Split-Ticket Voting in Representative Democracies," American Economic Review, American Economic Association, vol. 87(5), pages 957-76, December.
- Chaim Fershtman & Kenneth L. Judd & Ehud Kalai, 1990.
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- John Ferejohn, 1986. "Incumbent performance and electoral control," Public Choice, Springer, vol. 50(1), pages 5-25, January.
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"Separation of Powers and Political Accountability,"
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