Showing 1 - 10 of 93
The determinants of government responsiveness to its citizens is a key issue in political economy. Here we develop a model based on the solution of political agency problems. Having a more informed and politically active electorate strengthens incentives for governments to be responsive. This...
Persistent link: https://www.econbiz.de/10005791661
We analyse politically motivated privatization design in a bipartisan environment where politicians lack commitment power. Suppose the median class voters a priori favour redistributive policies. If the privatization programme succeeds in allocating enough shares to these citizens, they become...
Persistent link: https://www.econbiz.de/10005661730
This paper considers a simple model of economic transition to analyse the dynamics of preferences over economic policy … the early stages of the transition, the private sector expands at a rate that is lower than the rate at which the state … subsidy to the state sector, which has the effect of slowing down the transition. The analysis focuses on the dynamic …
Persistent link: https://www.econbiz.de/10005123914
We develop a positive theory of the adoption of child-labour regulation, based on two key mechanisms. First, parental decisions on family size interact with their preferences for child-labour regulation. Second, the supply of child labour affects skilled and unskilled wages. If policies are...
Persistent link: https://www.econbiz.de/10005067344
The privatization process in Eastern Europe is not irreversible. Future governments may want to expropriate successful private firms by increasing taxation or by renationalizing them in order to subsidize unsuccessful firms. The paper uses a simple median voter model to predict the policy of...
Persistent link: https://www.econbiz.de/10005667078
This paper examines aspects of speed and sequencing of restructuring and privatization in economies in transition. It …
Persistent link: https://www.econbiz.de/10005791380
economic transition. The big bang approach emphasizes the importance of windows of opportunity when ex ante political … reforms so as to build, at each stage of transition, constituencies for further reform. …
Persistent link: https://www.econbiz.de/10005791538
This paper analyses the political economy of transition in the Soviet Union since Perestroika. It is argued that no … necessitating an increase in the speed of economic transition, in a situation where the political conditions for further reform had … transition and stabilization delays the adoption of necessary economic measures. …
Persistent link: https://www.econbiz.de/10005656344
We present a model of large-scale economic reforms, modelled on the transition process in Eastern Europe, with …
Persistent link: https://www.econbiz.de/10005661961
Lobby groups press for various administrative concessions which are granted at the expense of the rest of society. This paper tries to explain why sometimes the rest of society does not prevent the lobbies from exploiting them while at other times it protests against the injustice. It also...
Persistent link: https://www.econbiz.de/10005656374