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Peronist Beliefs and Interventionist Policies
Di Tella, Rafael - 2010
We study the logic of Peronist interventionist polices and the beliefs that support them. Instead of a comprehensive approach, we focus on three elements. First, we study beliefs and values about the economic system present in Peron's speeches during the period 1943-55. Second, we study survey...
Persistent link: https://www.econbiz.de/10013135050
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Politics and Economics in Weak and Strong States
Acemoglu, Daron - 2021
While much research in political economy points out the benefits of "limited government," political scientists have long emphasized the problems created in many less developed nations by "weak states," which lack the power to tax and regulate the economy and to withstand the political and social...
Persistent link: https://www.econbiz.de/10013231869
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Constitutions, Corporations, and Corruption : American States and Constitutional Change
Wallis, John Joseph - 2021
During the 1840s, twelve American states adopted new constitutions. Eleven of the twelve states adopted new procedures for issuing government debt and for chartering corporations through general incorporation acts. These institutional innovations were American inventions, and today hard budget...
Persistent link: https://www.econbiz.de/10013218542
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The Eurocrisis : Muddling Through, or on the Way to a More Perfect Euro Union?
Aizenman, Joshua - 2014
institutions. The euro has operated as a currency without a state, under the dominance of Germany. This has so far allowed the euro … to achieve a number of design objectives, and this may continue, as long as Germany does not shirk its growing … responsibility for the euro's future. Germany's resilience and dominant size within the EU may explain its "muddling …
Persistent link: https://www.econbiz.de/10013052139
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Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave
Busch, Christopher; Krueger, Dirk; Ludwig, Alexander; … - 2022
In 2015-2016 Germany experienced a wave of predominantly low-skilled refugee immigration. We evaluate its macroeconomic …
Persistent link: https://www.econbiz.de/10013323665
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Consequences of Constitutions
Persson, Torsten - 2021
The paper presents empirical findings regarding the economic policy consequences of constitutional arrangements, in three different dimensions. First, the data are consistent with several theoretical predictions about the consequences of electoral rules and forms of government for fiscal policy...
Persistent link: https://www.econbiz.de/10013233041
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A Conceptual Framework for Interpreting Recorded Human History
North, Douglass C. - 2007
Neither economics nor political science can explain the process of modern social development. The fact that developed societies always have developed economies and developed polities suggests that the connection between economics and politics must be a fundamental part of the development...
Persistent link: https://www.econbiz.de/10012778079
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Firm Entry, Trade, and Welfare in Zipf's World
di Giovanni, Julian - 2010
Firm size follows Zipf's Law, a very fat-tailed distribution that implies a few large firms account for a disproportionate share of overall economic activity. This distribution of firm size is crucial for evaluating the welfare impact of economic policies such as barriers to entry or trade...
Persistent link: https://www.econbiz.de/10013138768
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The Economic Benefits from Immigration
Borjas, George J. - 2010
Natives benefit from immigration mainly because of production complementarities between immigrant workers and other factors of production, and these benefits are larger when immigrants are sufficiently `different' from the stock of native productive inputs. The available evidence suggests that...
Persistent link: https://www.econbiz.de/10013139806
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The Welfare Economics of Default Options in 401(K) Plans
Bernheim, B. Douglas - 2011
Default contribution rates for 401(k) pension plans powerfully influence workers' choices. Potential causes include opt-out costs, procrastination, inattention, and psychological anchoring. We examine the welfare implications of defaults under each of these theories. We show how the optimal...
Persistent link: https://www.econbiz.de/10013118423