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Are optimistic expectations keeping the Chinese happy?

Frijters, Paul; Liu, Amy Y.C.; Meng, Xin - In: Journal of Economic Behavior & Organization 81 (2012) 1, pp. 159-171

In this paper we study the effect of optimistic income expectations on life satisfaction amongst the Chinese population … strong in the countryside and amongst rural-to-urban migrants. The importance of these expectations for life satisfaction is … particularly pronounced in the urban areas, though also highly significant for the rural area. If expectations were to reverse from …

Persistent link: https://www.econbiz.de/10010597452

How to commit (if you must): Commitment contracts and the dual-self model

Peysakhovich, Alexander - In: Journal of Economic Behavior & Organization 101 (2014) C, pp. 100-112

This paper studies how dual-self (Fudenberg and Levine, 2006) decision-makers can use commitment technologies to combat temptation and implement long-run optimal actions. I consider three types of commitment technologies: carrot contracts (rewards for ‘good’ behavior financed by borrowing...

Persistent link: https://www.econbiz.de/10010942998

State capitalism and the rent-seeking conjecture

Aligica, Paul; Tarko, Vlad - In: Constitutional Political Economy 23 (2012) 4, pp. 357-379

The notion that state capitalism (an economic system “in which the state functions as the leading economic actor and uses markets primarily for political gain”) is a new form of capitalism emerging in the global arena has been recently advanced by several authors. This paper explores the...

Persistent link: https://www.econbiz.de/10010989154

Interest-group size and legislative lobbying

Schneider, Maik T. - In: Journal of Economic Behavior & Organization 106 (2014) C, pp. 29-41

We develop a model of legislative decision making in which lobbying and public policy are jointly determined. We examine how policy outcomes depend on the sizes of the interest groups. While a larger size typically involves favorable effects on policy, we also identify threshold levels of...

Persistent link: https://www.econbiz.de/10010930947

The political economy of constitutional restraints

Xefteris, Dimitrios - In: Constitutional Political Economy 22 (2011) 3, pp. 221-237

Persistent link: https://www.econbiz.de/10009326666

Veto players and foreign aid provision

Wang, Yu; Jin, Shuai - In: Constitutional Political Economy 24 (2013) 1, pp. 43-56

This study investigates how the political institutions of developed economies influence their foreign assistance. Specifically, we argue that the number of effective veto players has a negative effect on the volume of aid provision. To provide foreign assistance, the incumbent government in a...

Persistent link: https://www.econbiz.de/10010866569

The political economy of civil society

Pabst, Adrian; Scazzieri, Roberto - In: Constitutional Political Economy 23 (2012) 4, pp. 337-356

The dichotomy between intended and unintended outcomes of individual and collective action is central to political economy. It concerns the relationship of markets and states and their link to the constitution of society. As such, this dichotomy points to the patterns of connectivity that...

Persistent link: https://www.econbiz.de/10010866692

Partially sighted persons and the public debt elephant

Considine, John; Duffy, David - In: Constitutional Political Economy 17 (2006) 4, pp. 237-249

Recent data on the accumulation patterns of public debt across OECD countries suggests a synthesis is possible between the theoretical and empirical approaches to public debt and also between the traditional and more recent political economy explanations of public debt accumulation. The...

Persistent link: https://www.econbiz.de/10005542071

Rawls’ Paradox

Brennan, Jason - In: Constitutional Political Economy 18 (2007) 4, pp. 287-299

Persistent link: https://www.econbiz.de/10005698943

A tale of an unwanted outcome: Transfers and local endowments of trust and cooperation

Accetturo, Antonio; de Blasio, Guido; Ricci, Lorenzo - In: Journal of Economic Behavior & Organization 102 (2014) C, pp. 74-89

Transfers can do good; however, they can also result in massive failures. This paper presents a model that highlights the ambiguous nature of the impact of transfers on local endowments of social capital. It then describes an empirical investigation that illustrates that the receipt of EU...

Persistent link: https://www.econbiz.de/10010776755