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This paper argues for the central role of risk aversion in shaping political ideology. We develop a political economy … model, which makes explicit the link between risk aversion, the labor market, government policy, and ideology. Our model …
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This paper argues for the central role of risk aversion in shaping political ideology. We develop a political economy … model, which makes explicit the link between risk aversion, the labor market, government policy, and ideology. Our model …
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