redistribution and a modest effect of two year led inequality …

We analyze the roots of politicians' preferences for redistribution by exploring whether early life experiences have … recession during early adulthood affected their positions on redistribution-specific bills during the period 1957-2014. We find … that politicians who experienced a recession hold more conservative positions on redistribution, even compared to members …

redistribution: state-owned banks increase credit in politically competitive provinces which have an incumbent mayor aligned with the … in corporate lending as opposed to consumer loans, suggesting that tactical redistribution targets job creation to …

tactical redistribution: state-owned banks increase credit in politically competitive provinces which have an incumbent mayor … effect only exists in corporate lending as opposed to consumer loans, suggesting that tactical redistribution targets job …

redistribution, state-owned banks systematically adjust their lending around local elections compared with private banks in the same …

. The interplay between politics and financial policy over these cycles, and their institutional underpinnings, deserve … further attention. History suggests that politics can be the undoing of macro-prudential regulations …

Do politics matter for macroprudential policies? I show that changes in macroprudential regulation exhibit a …

We argue that when fiscal policy is endogenously determined, the incentives of redistributive politics associated with … redistributive politics in which the economy's fundamentals are subject to small and transitory shocks. Though optimal fiscal policy … rule voting, the economy can transition between states of high and low redistribution with concomitant fluctuations in …