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.
Equity capital flows into microfinance have been increasing for many years. Despite this growth, the vast majority of equity investments are still made in the form of private placements, as there are only three publicly traded microfinance institutions. The difficulty in accessing private data and the scarcity of publicly listed entities have limited the scope of the market research available to equity investors in microfinance institutions.
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
