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Searching for Keynes : an essay on the political economy of fiscal policy, with application to Canada, 1870-2000 - revised version
Winer, Stanley L.; Ferris, John Stephen - 2003
Keynes' General Theory (1936) is arguably one of the most important books of the twentieth century. His ideas for … stabilizing the aggregate economy have profoundly influenced economic theory as well as popular opinion about what governments can … and should do with respect to the business cycle. On the other hand, whether Keynesian theory has substantially altered …
Persistent link: https://www.econbiz.de/10011509394
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Complete Information Pivotal-Voter Model with Asymmetric Group Size
Mavridis, Christos - 2018
In this note, we characterize the equilibria of the standard pivotal-voter participation game between two groups of voters of asymmetric sizes, as originally proposed by Palfrey and Rosenthal [1983. A strategic calculus of voting. Public Choice. 41, 7-53]
Persistent link: https://www.econbiz.de/10012935191
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Complete Information Pivotal-Voter Model with Asymmetric Group Size and Asymmetric Benefits
Mavridis, Christos - 2020
We analyse a standard pivotal-voter model under majority rule, with two rival groups of players, each preferring one of two public policies and simultaneously deciding whether to cast a costly vote, as in Palfrey and Rosenthal (1983). We allow the benefit of the favorite public policy to...
Persistent link: https://www.econbiz.de/10012846907
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Rotten Parents and Disciplined Children : A Politico-Economic Theory of Public Expenditure and Debt
Song, Zheng Michael; Storesletten, Kjetil; Zilibotti, … - 2007
This paper proposes a dynamic politico-economic theory of debt, government finance and expenditure. Agents have … consumption, the less debt is accumulates. We extend the analysis to redistributive policies and political shocks. The theory …
Persistent link: https://www.econbiz.de/10014049381
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Risks at Work : The Demand and Supply Sides of Government Redistribution
Cusack, Thomas R.; Iversen, Torben; Rehm, Philipp - 2007
To understand how the welfare state adjusts to economic shocks it is important to explain both the genesis of popular preferences and the institutional incentives of governments to respond to these preferences. This paper attempts to do both, using a general theoretical framework and detailed...
Persistent link: https://www.econbiz.de/10014027617
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Essays on the behavior of firms and politicians
Riem, Marina - 2017
This dissertation consists of six self-contained chapters that are related to the behavior of firms and politicians in a broader sense. After an introduction to the topic, the first part of the dissertation elaborates on how institutional and political framework conditions influence the behavior...
Persistent link: https://www.econbiz.de/10011741962
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Empirical studies on public debt and fiscal transfers
Reischmann, Markus Josef - 2016
This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an introduction to the topic, chapter 2 shows that the institutional setting of fiscal policy making needs to be considered when assessing the sustainability of fiscal policy. Using...
Persistent link: https://www.econbiz.de/10011742833
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Empirical studies on public debt and fiscal transfers
Reischmann, Markus Josef - 2016
This volume was prepared by Markus Reischmann while he was working at the Ifo Institute. It was completed in June 2015 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in November 2015. It includes five self-contained chapters in the fields of public...
Persistent link: https://www.econbiz.de/10013447175
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Fractionalization and the Size of Government
Lind, Jo Thori - 2003
This paper studies the joint effect of fractionalization and inequality on the size of government. Within a political economy model of tax determination, I study the effect of voters with a group-based social conscience, so they care more about the well-being of those belonging to their own...
Persistent link: https://www.econbiz.de/10011508116
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Fractionalization and the Size of Government
Lind, Jo Thori - 2021
This paper studies the joint effect of fractionalization and inequality on the size of government. Within a political economy model of tax determination, I study the effect of voters with a group-based social conscience, so they care more about the well-being of those belonging to their own...
Persistent link: https://www.econbiz.de/10013319844