New Guidelines on Discretionary Powers

The New Separation of Powers

Naturopathic doctors gaining new powers.

Effects of discretionary fiscal policy: new empirical evidence for Germany

This paper analyses the effects of discretionary fiscal policy by presenting new empirical evidence for Germany within a structural vector autoregression (SVAR) framework. Following Blanchard and Perotti (2002), the SVAR model is identified by applying institutional information. We find no compelling evidence for the effectiveness of discretionary fiscal policy. Cutting taxes does not tend to s...

On Powers of Some Graph Operations

Let $G*H$ be the product $*$ of $G$ and $H$. In this paper we determine the rth power of the graph $G*H$ in terms of $G^r, H^r$ and $G^r*H^r$, when $*$ is the join, Cartesian, symmetric difference, disjunctive, composition, skew and corona product. Then we solve the equation $(G*H)^r=G^r*H^r$. We also compute the Wiener index and Wiener polarity index of the skew product.

Government’s Powers and FTAs: The Effect of Domestic and Foreign Powers on Multilateral Trade

This paper elaborates on the government's powers - both at the domestic level and over foreign countries. The domestic power is the power against domestic lobbies, and the foreign one is the government's international power. To do so, this paper tries to evaluate the effects of these powers   on the formation of free trade agreements (FTAs). The theoretical framework follows an oligopolistic-po...