Showing 1 - 10 of 51
This paper provides evidence that the form of agriculture traditionally practiced—intensive plough agriculture versus shifting hoe agriculture—affected historic norms and preferences about fertility, and that these norms persist, affecting observed fertility around the world today.
Persistent link: https://www.econbiz.de/10010859093
We provide evidence that a tradition of village democracy is associated with the presence of national democracy today. We also show that a tradition of local democracy is associated with attitudes which are more supportive of democracy, with better quality institutions and with higher levels of...
Persistent link: https://www.econbiz.de/10010796374
This paper considers the interaction of two parties with different objectives concerning inflation and unemployment and rational and forward-looking wage-setters. If discretionary policies are followed, an economic cycle related to the political cycle results in equilibrium. This cycle is...
Persistent link: https://www.econbiz.de/10010859048
This paper studies whether the dynamic behaviour of GNP growth, unemployment and inflation is systematically affected by the timing of elections and of changes of governments. The sample includes the last three decades in 18 OECD economies. We explicitly test the implication of several models of...
Persistent link: https://www.econbiz.de/10010859055
Persistent link: https://www.econbiz.de/10010859076
In a world of trade restrictions, large countries enjoy economic benefits, because political boundaries determine the size of the market. Under free trade and global markets even relatively small cultural, linguistic or ethnic groups can benefit from forming small, homogeneous political...
Persistent link: https://www.econbiz.de/10010859144
We investigate whether political jurisdictions form in response to the tradeâ€off between economies of scale and the costs of a heterogeneous population. We consider heterogeneity in income, race, ethnicity, and religion, and we test the model using American school districts, school...
Persistent link: https://www.econbiz.de/10010859172
This paper shows that smaller countries have a larger share of public consumption in GDP, and are also more open to trade. These empirical observations are consistent with recent theoretical models explaining country formation and break up, and may account for the observed positive empirical...
Persistent link: https://www.econbiz.de/10010859197
This paper examines the evidence on fiscal adjustments in OECD countries from the early 1960s to today. The results shed light on the recently observed phenomenon of fiscal tightening that produces (non-Keynesian) expansionary effects. One interpretation is that a serious fiscal tightening...
Persistent link: https://www.econbiz.de/10010859205
Politicians face a trade-off between the policies that maximize their chances of reelection and their most preferred policies (or the policies most preferred by the constituency which they represent). This paper analyzes this trade-off in a dynamic electoral model in which the voters are not...
Persistent link: https://www.econbiz.de/10010859227