This paper focuses on the intrajurisdictional capitalization effects that underlie what is arguably the most plausible derivation of the benefit tax view of the property tax.
With Comptroller Susan Combs’ announcement that she will not run for re-election in 2014, the Texas Republican Party faces the undesirable prospect of an all male slate candidates for statewide executive offices. Political science fellow Mark P. Jones discusses prospective female candidates and what an all male slate could mean for the Texas GOP.
The election of Argentine Cardinal Jorge Bergoglio as pope underscores the growing importance of Latin America for the Roman Catholic Church. Mark P. Jones, the Joseph D. Jamail Chair in Latin American Studies, discusses the significance of Pope Francis' election for the church's future.
This paper posits that the structure of fiscal federalism in countries like Argentina causes voters to reward fiscal expansion because they perceive that this extra spending at the margin is not financed by them, but rather by the nation at large.
Mark P. Jones, Osvaldo Meloni, Mariano TommasiApril 13, 2012
A large group of developing countries did relatively well during the Great Recession, thanks to the broader room for countercyclical macroeconomic policies, and the world economy will continue to be more dependent on the developing world than any we have known in history.