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Alesina, Alberto (contributor); … - 2005

Many countries, especially developing ones, follow procyclical fiscal policies, namely spending goes up (taxes go down) in booms and spending goes down (taxes go up) in recessions. We provide an explanation for this suboptimal fiscal policy based upon political distortions and incentives for...

Persistent link: https://www.econbiz.de/10003201852

The demands for environmental regulation and for trade in the presence of private mitigation

Hotte, Louis; Winer, Stanley L. - 2008

We study the nature of individual demands for environmental regulation and for trade openness in the general … respect to the stringency of regulation. Moreover, even though trade has the potential to benefit everyone, the poor may … oppose trade openness because of a concern that laxer environmental regulation will then be imposed in the interest of the …

Persistent link: https://www.econbiz.de/10003805999

The political economy of regulatory risk

Strausz, Roland - 2010

are needed to implement pre-electoral agreements. -- regulation ; regulatory risk ; political economy ; electoral …

Persistent link: https://www.econbiz.de/10003938159

Wedges : distribution, distortions, and market integration

Bertola, Giuseppe - 2017 - First draft March 2017. This draft August 2017

This paper proposes a stylized model of policy determination and imperfect international integration. A country-specific policy wedge corrects labor market imperfections and/or redistributes welfare across differently wealthy agents. Capital market integration with the rest of the world, indexed...

Persistent link: https://www.econbiz.de/10011718418

Public choice and public finance : a survey

Blankart, Charles B. - 2016

Persistent link: https://www.econbiz.de/10011444481

Europe's great depression : coordination failure after the first World War

Wolf, Nikolaus - 2010

In this paper I survey and reinterpret the extensive literature on Europe's Great Depression. I argue that Europe could not exploit her vast economic potential after 1918, because the war had not yet come to an end - indeed it did not end before 1945. Both, domestic and international...

Persistent link: https://www.econbiz.de/10008696770

Overvalued : Swedish monetary policy in the 1930s

Rathke, Alexander; Straumann, Tobias; Woitek, Ulrich - 2011

This paper reconsiders the role of monetary policy in Sweden's strong recovery from the Great Depression. The Riksbank in the 1930s is sometimes seen as an example of a central bank that was relatively innovative in terms of the conduct of monetary policy. To consider this analytically, we...

Persistent link: https://www.econbiz.de/10009489289

The coronavirus and the Great Influenza Epidemic : lessons from the "Spanish Flu" for the coronavirus's potential effects on mortality and economic activity

Barro, Robert J.; Ursúa, José F.; Weng, Joanna - 2020

Mortality and economic contraction during the 1918-1920 Great Influenza Epidemic provide plausible upper bounds for outcomes under the coronavirus (COVID-19). Data for 43 countries imply flu-related deaths in 1918-1920 of 39 million, 2.0 percent of world population, implying 150 million deaths...

Persistent link: https://www.econbiz.de/10012177148

On the optimal design of disaster insurance in a federation

Goodspeed, Timothy J. (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003462223

Go divisive or not? : how political campaigns affect turnout

Gennaioli, Caterina - 2010

This paper studies how political competition can lead candidates to strategically increase the salience of specific issues, in order to influence voting decisions of marginal groups, with non trivial consequences for turnout rates. In my setup issues differ in their divisiveness, to be defined...

Persistent link: https://www.econbiz.de/10008807631

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