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Economic Transformation, Population Growth and the Long-Run World Income Distribution

Chamon, Marcos - 2006

We construct and calibrate a model of the world economy in which countries' opportunities to develop depend on their … world. As developing countries become advanced, they further improve the trade prospects for the remaining developing … relative to the transition rate, the world economy converges to widespread prosperity if and only if the proportion of the …

Persistent link: https://www.econbiz.de/10012781955

Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s

Estevadeordal, Antoni - 2010

According to the Washington Consensus, developing countries? growth would benefit from a reduction in tariffs and other barriers to trade. But a backlash against this view now suggests that trade policies have little or no impact on growth. If quot;getting policies rightquot; is wrong or...

Persistent link: https://www.econbiz.de/10012758491

IMF Programs : Who is Chosen and What are the Effects?

Barro, Robert J.; Lee, Jong-Wha - 2021

IMF lending practices respond to economic conditions but are also sensitive to political-economy variables. Specifically, the sizes and frequencies of loans are influenced by a country's presence at the Fund, as measured by the country's share of quotas and professional staff. IMF lending is...

Persistent link: https://www.econbiz.de/10013310805

You Owe Me

Malmendier, Ulrike - 2012

In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without incentive or informational effects, small gifts strongly...

Persistent link: https://www.econbiz.de/10013097778

Integrated Political Strategy

de Figueiredo, John M. - 2010

This paper reviews the literature on corporate political strategy and identifies a number of open research questions and streams for potential investigation. The paper develops a framework to explain why, when, and how a firm will pursue multi-forum political action as part of its non-market and...

Persistent link: https://www.econbiz.de/10013152560

Capitalizing China

Fan, Joseph P. H. - 2011

Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist …

Persistent link: https://www.econbiz.de/10013117212

Does Political Ambiguity Pay? Corporate Campaign Contributions and the Rewards to Legislator Reputation

Kroszner, Randall S.; Stratmann, Thomas - 2021

Do politicians tend to follow a strategy of ambiguity in their policy positions or a strategy of reputational development to reduce uncertainty about where they stand? Ambiguity could allow a legislator to avoid alienating constituents and to play rival interests off against each other to...

Persistent link: https://www.econbiz.de/10013224858

Government Gains from Self-Restraint : A Bargaining Theory of Inefficient Redistribution

Drazen, Allan; Limão, Nuno - 2021

We present a bargaining model of the interaction between a government and interest groups in which, unlike most existing models, neither side is assumed to have all the bargaining power. The government finds it optimal to constrain itself in the use of transfer policies to improve its bargaining...

Persistent link: https://www.econbiz.de/10013229064

The Role and Functioning of Public-Interest Legal Organizations in the Enforcement of the Employment Laws

Jolls, Christine M. - 2021

Many laws create important rights for today's employees, but the availability of legal representation for employees seeking to enforce those rights is uncertain. The goal of the present paper, part of the Emerging Labor Market Institutions for the 21st Century Project at the National Bureau of...

Persistent link: https://www.econbiz.de/10013235321

Protection for Sale : An Empirical Investigation

Goldberg, Pinelopi K.; Maggi, Giovanni - 2021

A prominent model in the recent political-economy literature on trade policy is Grossman and Helpman's (1994) Protection for Sale' model. This model yields clear predictions for the cross-sectional structure of trade protection. The objective of our" paper is to check whether the predictions of...

Persistent link: https://www.econbiz.de/10013211649