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We study electoral competition among politicians who are heterogeneous both in competence and in how much they care about (what they perceive as) the public interest relative to the private rents from being in office. We show that politicians may have stronger incentives to behave...
Persistent link: https://www.econbiz.de/10011335188
In this paper we study the endogenous determination of minimum wage employing a political-economic game-theoretic approach. A major objective of the paper is to clarify the crucial role of the strength of the workers' union and of political culture on the determination of the minimum wage. In...
Persistent link: https://www.econbiz.de/10011313939
individual commitment across citizens to defend democracy against a potential military coup, and it is an endogenous state … and the state. Parents invest resources in order to transmit their own political values (commitment to democracy) to their … children. The state invests resources in public indoctrination infrastructures. The model displays two-way complementarities …
Persistent link: https://www.econbiz.de/10009755330
Henan is China's most populous province. It has long played a strategic role in Chinese history and in more recent decades has played a prominent part in the country's politics. In this paper we explore aspects of the history and political culture of Henan, particularly the collective memory or...
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Ludwig von Mises hat Zeit seines Lebens die intellektuelle Auseinandersetzung mit antiliberalen und antikapitalistischen Ressentiments gesucht. Der vorliegende Beitrag greift die bereits durch Mises gestellte Frage nach möglichen Gründen für die antikapitalistischen Ressentiments der...
Persistent link: https://www.econbiz.de/10011786670
We expect effective state institutions to matter in a country's ability to respond to crises. Yet notably in the first … relationships in the cross-country data, drawing on measures of the state, COVID's health impact, and pandemic policy response. In … between state effectiveness and pandemic health outcomes does in fact pertain. Our findings also offer insight into how …
Persistent link: https://www.econbiz.de/10012509936