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Participatory Politics, Social Cooperation, and Economic Stability

Rodrik, Dani - In: American Economic Review 90 (2000) 2, pp. 140-144

Persistent link: https://www.econbiz.de/10005571911

On the Size of U.S. Government: Political Economy in the Neoclassical Growth Model

Rios-Rull, Jose-Victor; Krusell, Per - In: American Economic Review 89 (1999) 5, pp. 1156-1181

We study a dynamic version of Meltzer and Richard's median-voter model of the size of government. Taxes are proportional to total income, and they are redistributed as equal lump-sum transfers. Voting takes place periodically over time, and each consumer votes for the tax rate that maximizes his...

Persistent link: https://www.econbiz.de/10005573402

A Theory of Political Transitions

Acemoglu, Daron; Robinson, James A. - In: American Economic Review 91 (2001) 4, pp. 938-963

We develop a theory of political transitions inspired by the experiences of Western Europe and Latin America. Nondemocratic societies are controlled by a rich elite. The initially disenfranchised poor can contest power by threatening revolution, especially when the opportunity cost is low, for...

Persistent link: https://www.econbiz.de/10005757451

Political Losers as a Barrier to Economic Development

Robinson, James A.; Acemoglu, Daron - In: American Economic Review 90 (2000) 2, pp. 126-130

Persistent link: https://www.econbiz.de/10005761542

Unequal Societies: Income Distribution and the Social Contract

Benabou, Roland - In: American Economic Review 90 (2000) 1, pp. 96-129

economic and political "fundamentals" can sustain such different systems of social insurance, fiscal redistribution, and …. Conversely, with credit constraints, lower redistribution translates into more persistent inequality; hence the potential for … multiple steady states, with mutually reinforcing high inequality and low redistribution, or vice versa. …

Persistent link: https://www.econbiz.de/10005237674