We present a simple model to analyze law enforcement problems in transition economies. Law enforcement implies coordination problems and multiplicity of equilibria due to a law abidance and a fiscal externality. We analyze two institutional mechanisms for solving the coordination problem. A...

This paper presents a simple model of the links between education, democratization and economic developmnet. In a context of imperfect capital markets, we investigate the incentives for a capitalist oligarchy to subsidize the education of poor workers and to initiate a political transition.

This paper analyses the links between openness, education and inequality from a political economy point of view. We start by presenting various channels through which external liberalization may affect the pattern of educational responses and we derive the implications for inequality and...

This paper discusses the issue of regulatory protectionism and its implication for reciprocity and international bargaining on regulation. In a simple two way trade model a la Brander and Spencer, we take into account the three following features of regulatory measures: a) a regulation raises...