Since its publication over 60 years ago, Keynes' General Theory of Employment, Interest and Prices (1936) has substantially influenced both macroeconomic theory and popular opinion about what governments can and should do. However, the extent to which counter-cyclical stabilization has actually...

International cooperation rests on state preferences with regard to the substantive scope, geographical range, and institutional depth of issue-specific devices to over-come collective action problems. Substantive broadening, geographical widening, and institutional deepening are the elixir of...

The individual voting behavior on the abolishment of single income-tax exemptions crucially depends on how strongly agents are affected by other deduction possibilities that are not at stake in the reform plans of the government. The interactions depend (i) on the shape of the tax schedule, and...

We use key events associated in the two decade-long U.S.–Canada softwood lumber trade dispute to present the dynamic relationship between U.S. Congress and the Administration in the formation of international trade policy. We find that the executive branch of the U.S. government responded...

Historical literature on the causes of the Pacific War generally focuses on either international relationships between the great powers in the interwar period or on the role of domestic interest groups in Japan, especially the Imperial Army and Navy. An alternative to these predominantly...

We show that when democratic and autocratic governments peacefully compete for governance over the same jurisdiction the autocratic has a natural advantage. The autocratic government, which unambiguously reduces welfare for everyone except the autocrat, will drive the competing democratic...