Narrow search
Showing 1 - 10 of 6,593
Cover Image
Why is Fiscal Policy Often Procyclical?
Alesina, Alberto F.; Tabellini, Guido - 2021
Many countries, especially developing ones, follow procyclical fiscal polices, 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/10013240582
Cover Image
Conveniently Upset : Avoiding Altruism by Distorting Beliefs About Others
Di Tella, Rafael - 2011
In this paper we present the results from a "corruption game" (a dictator game modified so that the second player can …
Persistent link: https://www.econbiz.de/10013131979
Cover Image
Cycles of Distrust : An Economic Model
Acemoglu, Daron - 2012
We propose a model of cycles of distrust and conflict. Overlapping generations of agents from two groups sequentially play coordination games under incomplete information about whether the other side consists of "extremists" who will never take the good/trusting action. Good actions may be...
Persistent link: https://www.econbiz.de/10013103053
Cover Image
Per-Capita Income as a Determinant of International Trade and Environmental Policies
Markusen, James R. - 2013
International trade policy analysis has tended to focus on the production side of general equilibrium, with policies such as a tariff or carbon tax affecting international and internal income distributions through a Heckscher-Ohlin nexus of factor intensities and factor endowments. Here I move...
Persistent link: https://www.econbiz.de/10013071509
Cover Image
On the Theory of Ethnic Conflict
Caselli, Francesco; Coleman, Wilbur John - 2021
We present a theory of ethnic conflict in which coalitions formed along ethnic lines compete for the economy%u2019s …
Persistent link: https://www.econbiz.de/10013246674
Cover Image
Linear Social Interactions Models
Blume, Lawrence E. - 2013
This paper provides a systematic analysis of identification in linear social interactions models. This is both a theoretical and an econometric exercise as the analysis is linked to a rigorously delineated model of interdependent decisions. We develop an incomplete information game that...
Persistent link: https://www.econbiz.de/10013079207
Cover Image
The International Transmission of Credit Bubbles : Theory and Policy
Ventura, Jaume - 2015
propagated abroad. In previous work, we built on the theory of rational bubbles to develop a framework to think about the origins …
Persistent link: https://www.econbiz.de/10013028542
Cover Image
Embezzlement Versus Bribery
Fan, C. Simon - 2010
Corrupt officials can use their positions to enrich themselves in two ways. They can steal from the state budget--embezzling or misspending funds--or they can demand extra payments from citizens in return for services--bribery. In many circumstances, embezzlement is less distortionary than...
Persistent link: https://www.econbiz.de/10013135875
Cover Image
Democracy Undone. Systematic Minority Advantage in Competitive Vote Markets
Casella, Alessandra - 2012
We study the competitive equilibrium of a market for votes where voters can trade votes for a numeraire before making a decision via majority rule. The choice is binary and the number of supporters of either alternative is known. We identify a sufficient condition guaranteeing the existence of...
Persistent link: https://www.econbiz.de/10013097274
Cover Image
Corruption
Banerjee, Abhijit V. - 2012
In this paper, we provide a new framework for analyzing corruption in public bureaucracies. The standard way to model … corruption is as an example of moral hazard, which then leads to a focus on better monitoring and stricter penalties with the … eradication of corruption as the final goal. We propose an alternative approach which emphasizes why corruption arises in the …
Persistent link: https://www.econbiz.de/10013108004