Showing 1 - 10 of 27
remain obstinately blind to them, embracing a statist ideology and voting for an excessively large government. Conversely, an …-faire ideology and blind faith in the invisible hand. With public-sector capital, this interplay of beliefs and institutions leads to …
Persistent link: https://www.econbiz.de/10005662410
political constraints, the prevalence of ideology, and agency issues within those bureaucracies concerned with the unemployment …
Persistent link: https://www.econbiz.de/10005666504
candidates and available policy alternatives. We show that both sides may be caught in an ideology trap: because voters expect … the perceived ideology of office holders to determine their political actions, politicians are tempted to act according to … their perceived ideology, resulting in political failure. …
Persistent link: https://www.econbiz.de/10008468503
Much of the political economy analysis of reform focuses on the conflict of interest between groups that stand to gain or lose from the competing policy proposals. In reality, there is also a lot of disagreement about the working of the policy: in addition to conflicting interests, conflicting...
Persistent link: https://www.econbiz.de/10005011855
this phenomenon for international differences in political ideology, levels of redistribution, labour supply, aggregate …
Persistent link: https://www.econbiz.de/10005504312
This paper investigates, in a simplified macro context, the joint determination of the (incorrect) perceived model and the equilibrium. I assume that the model is designed by a self-interested economist who knows the true structural model, but reports a distorted one so as to influence outcomes....
Persistent link: https://www.econbiz.de/10009144736
This paper studies the trade-offs that an expert with ideological biases faces in designing his model. I assume the perceived model must be autocoherent, in that its use by all agents delivers a self-concerming equilibrium. The exercise is carried in the context of a simplified AS-AD model,...
Persistent link: https://www.econbiz.de/10009150948
reform in China that was rolled out between 2004 and 2010 with the explicit intention of shaping youths' ideology. To measure …
Persistent link: https://www.econbiz.de/10011084089
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze the...
Persistent link: https://www.econbiz.de/10011084158
states and growing divergence between European powers. In our model, the impact of war on the European state system depends … on: i) the importance of money for determining the war outcome (which stands for the cost of war), and ii) a country … of war. Initially, this caused more internally cohesive states to invest more in state capacity, while other (more …
Persistent link: https://www.econbiz.de/10009385769