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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
elections, but local politicians from large mainstream parties had the ability to adjust municipal political institutions in …
Persistent link: https://www.econbiz.de/10010505165
elections, but local politicians from mainstream parties had the ability to adjust municipal political institutions in such as …
Persistent link: https://www.econbiz.de/10010484319
politicians' quality is positively affected by their wage and apply a Fuzzy Regression Discontinuity Design relying on the fact …
Persistent link: https://www.econbiz.de/10010344923
This paper studies the timing of privatization in 21 major developed economies in the 1977-2002 period. Duration analysis shows that political fragmentation plays a significant role in explaining government's decision to privatize: privatization is delayed longer in democracies characterized by...
Persistent link: https://www.econbiz.de/10014217110
The purpose of this paper is to test the main hypotheses of the recent theoretical literature on the political economy of reform for the case of the Latin American countries between 1985 and 1995. The paper first reviews the literature and extracts the main testable hypotheses. Then, a system of...
Persistent link: https://www.econbiz.de/10014069921
This paper empirically investigates contrasting views on the politics of economic policy. Merging different databases, we test various predictions coming form different strands of literature, with the aim of explaining the cross-sectional and temporal variation in the degree of regulatory...
Persistent link: https://www.econbiz.de/10014074592
develop both theory and prescription in agency settings. Particular problems are displayed almost like games (e.g., the "Major …
Persistent link: https://www.econbiz.de/10013074677