Comparative Politics and Public Finance

作者: Torsten Persson , Gérard Roland , Guido Tabellini

DOI: 10.2139/SSRN.82669

关键词:

摘要: We present a model of electoral accountability to compare the public finance outcomes under presidential-congressional and parliamentary system. In system, contrary there are no endogenous incentives for legislative cohesion, but this allows clearer separation powers. These features lead clear differences in performance two systems. A Parliamentary system has redistribution towards majority, less underprovision goods, more waste higher burden taxation, whereas minority, smaller size government.

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