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In this note I explore how a non-constant rate of time preference on the part of policymakers affects economic growth. In a simple dynamic general equilibrium model I show that if the incumbent government has a rate of time preference in the form of a quasi-hyperbolic discounting function tax...
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Gesellschaft aus? Dieser Frage wird hier aus dem Blickwinkel der Theorie der politischen Ökonomie nachgegangen. Zunächst werden …
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aus? Dieser Frage wird hier aus dem Blickwinkel der Theorie der politischen Ökonomie nachgegangen. Zunächst werden hierfür … 30 2.2 Theorie der politischen Ökonomie 30 2.2.1 Methodologischer … Inhaltsverzeichnis 3.3.2Zur Theorie des Machterhalts 69 3.3.3Das Problem der …
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This paper aims at analyzing the e ects of lobbying over economic growth and primarily welfare. We model explicitly the interaction between policy-makers and firms in a setup where the latter undertakes political contributions to the former in exchange for more restrictive market regulations...
Persistent link: https://www.econbiz.de/10013150461