In this paper we investigate the relationship between inequality and the environment in a growing economy from a political economy perspective. We consider an endogenous growth economy, where growth generates pollution and a deterioration of the environment. Public expenditures may either be...

This paper offers a comprehensive framework to study commitment and cooperation issues in games with multiple policymakers. To reconcile some puzzles in the recent literature on policy interactions in monetary unions, we prove that games characterized by different commitment and cooperation...

We investigate the endogenous choice of leadership in commodity tax competition. We apply an endogenous timing game, where jurisdictions commit themselves to lead or to follow, to the Kanbur and Keen (1993) model. The Subgame Perfect Nash Equilibria (SPNE) correspond to the two Stackelberg...