This paper uses an intertemporal model of public finances to show that political instability can cause taxes to be tilted to the future, resulting in a fiscal deficit that is suboptimal and only weakly sustainable (in the sense of Quintos). This occurs because political instability gives the government an incentive ...Download Now
Design patterns, acting as recurring solutions to common problems, offer significant benefits such as avoiding unnecessary complexity, and promoting code reuse, maintainability and extensibility. This paper describes how four not technology-specific or language-specific design patterns (Front Controller, Model View Controller, Transfer Object and Service to Worker) can be applied to ...Download Now
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