Political bargaining practices through federal budget execution

Federal Subsidization of State Expenditure to Reduce Political Budget Cycles

In this note we analyze whether a federal transfer system can be designed to increase welfare when state governments create political budget cycles. The results show how the federal government can counteract the welfare costs of these cycles, without hindering politicians from signaling their type, by announcing a transfer scheme to subsidize expenditures that voters do not consider when voting...

Federal budget 2012/13.

In 2009, the National Health and Hospital Reform Commission recommended the establishment of a universal dental program for Australia. This recommendation was not implemented and the Australian Government’s 2012/13 budget allocated $515.3million to improve dental services, with something of a shorter term focus on the needs of low income earners. After 16 difficult years for states’ and territo...

Federal budget disappoints seniors' advocates.

Electoral Competitiveness, Tax Bargaining and Political Incentives in Developing Countries: Evidence from Political Budget Cycles Affecting Taxation

Studies of political budget cycles in developing countries have generally sought to inform understanding of short-term fiscal dynamics, but can also offer unique insight into broader political dynamics in developing countries. This article correspondingly employs markedly improved data in order to study the impact of elections on tax collection, and draw broader lessons. It shows that while ele...

Nash Bargaining Via Flexible Budget Markets

We initiate a study of Nash bargaining games [Nas50] via combinatorial, polynomial time algorithms and we carry this program over to solving nonsymmetric bargaining games of Kalai [Kal77] as well. Since the solution to a Nash bargaining game is also the optimal solution to the corresponding convex program, this involves obtaining a combinatorial algorithm for the latter. This in turn can be vie...