This paper addresses the discussion between economic power and the power of politics with particular focus on financial … markets. After general reflections about the economic basis of power, the paper discusses in a general equilibrium framework …

We study utility indifference pricing of claim streams with intertemporalconsumption and power (CRRA) utilities. We …

it. Moreover, this paper shows that the bureaucratic elite obtains excessive bureaucratic power, and that promiscuous …

paper sheds light on various dispersion indices and their use in the field of political power and fiscal performance. The … results show that the power dispersion indices of governments and fiscal institutions significantly explain the increases in … of fragmented political and administrative dispersion of power and poor budget performances. …

later. Using instrumental variables methods, we establish that this relationship is causal: a longer period in power … increases the chance that a person may start (or continue) a political dynasty. Therefore, dynastic political power is self …-perpetuating in that a positive exogenous shock to a person.s political power has persistent effects through posterior dynastic …

New information and communication technologies, we argue, have been 'power-biased': in many industries they have … allowed firms to monitor workers more closely, thus reducing the power of these workers. An efficiency wage model shows that … 'power-biased technical change' in this sense may generate rising inequality accompanied by an increase in both unemployment …

the intensity of holding gold is correlated with 'global power' - by the history of being a past empire, or by the sheer …