Distributive politics and economic growth: the Markovian Stackelberg solution

We generalize the result of Alesina and Rodrik (1994) by showing that their static solution is also a time consistent Stackelberg solution of a differential game between the government and the median voter. Copyright Springer-Verlag Berlin/Heidelberg 2004

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Year of publication:	2004
Authors:	Lindner, Ines ; Strulik, Holger
Published in:	Economic Theory. - Springer. - Vol. 23.2004, 2, p. 439-444
Publisher:	Springer
Subject:	Economic growth \| Inequality \| Differential game \| Time-consistency

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005370685