Suchergebnisse

"Sunk Costs and Political Decision Making" published on by Oxford University Press.

This paper develops a model of job creation and job destruction in a growing economy with embodied technical progress, that we use to analyze the political support for employment protection legislations such as the ones that are observed in most European countries. We analyze the possibility of Condorcet cycles due to the fact that workers about to become unemployed prefer both an increase and a reduction in firing costs over the status quo. Despite this problem, we show the existence of local, and sometimes global majority winners. In voting in favour of employment protection, incumbent employees trade off lower living standards (because employment protection maintains workers in less productive activities) against longer job duration. We show that the gains from, and consequently the political support for employment protection (as defined by maximunjob tenure) are larger, the lower the rate of creative destruction and the larger the worker's bargaining power. Numerical simulations suggest a hump- shaped response of firing costs to these variables, as well as negative impact of exogeneous turnover on employment protection.

This book is a comparison of two ethnic-national states which have been in conflict, apartheid South Africa and Zionist Israel, and how internal dissent has developed. In particular it examines the evolution of effective white protest in South Africa and explores the reasons why comparably powerful movements have not emerged in Israel.

'History of Political Thought: A Thematic Introduction' by John Morrow is reviewed.

Preface -- Part I: Global Perspectives -- Part II: Asia-Pacific Perspectives -- Part III: Japan Perspectives -- Contents -- Part I Global Perspectives -- Regional Science in the Twenty-First Century -- 1 What Is the Purpose of Regional Science? -- 2 The Concept of Region -- 3 New Regional Identities -- References -- The Sustainability of Demographic Progress Around the World -- 1 Introduction -- 2 The Role of Progress in Theories of the Geography of Population Change -- 3 Demographic Status and Progress of Countries Around the World -- 3.1 Mortality and Longevity -- 3.2 Fertility

The paper examines how the Government of Morocco has addressed the issue of decentralization in recent years and how these processes have evolved and affected fiscal and public policies. More specifically, this paper analyzes the current legislative and institutional provisions governing administrative, political and fiscal decentralization in Morocco and presents a detailed analysis of the decentralized tax system. It analyses the role of each tier and the political, administrative and fiscal prerogatives of their respective councils. It appears from this analysis that the Moroccan system is still largely centralized. First, through the continued control of the central government via the tutelle. Second, because of the low financial autonomy of the local governments which remain widely dependent on intergovernmental transfers. Finally, it appears that the shared management of local taxation by different tiers of government can result in a lack of communication and information sharing as well as a lack of commitment from those that manage the collection on behalf of others. The regional level should be given more power to oversee and harmonize the prerogatives of each level of subnational government.

The paper examines how the Government of Morocco has addressed the issue of decentralization in recent years and how these processes have evolved and affected fiscal and public policies. More specifically, this paper analyzes the current legislative and institutional provisions governing administrative, political and fiscal decentralization in Morocco and presents a detailed analysis of the decentralized tax system. It analyses the role of each tier and the political, administrative and fiscal prerogatives of their respective councils. It appears from this analysis that the Moroccan system is still largely centralized. First, through the continued control of the central government via the tutelle. Second, because of the low financial autonomy of the local governments which remain widely dependent on intergovernmental transfers. Finally, it appears that the shared management of local taxation by different tiers of government can result in a lack of communication and information sharing as well as a lack of commitment from those that manage the collection on behalf of others. The regional level should be given more power to oversee and harmonize the prerogatives of each level of subnational government.