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Searching for Keynes : an essay on the political economy of fiscal policy, with application to Canada, 1870-2000 - revised version

Winer, Stanley L.; Ferris, John Stephen - 2003

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

Redistributive politics, power sharing and fairness

Debowicz, Dario; Saporiti, Alejandro; Wang, Yizhi - 2016

We study the effect of power sharing over income redistribution among different socio-economic groups in a model of redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general conditions; and we show that equilibrium transfers...

Persistent link: https://www.econbiz.de/10011563113

Behavioral political economy : a survey

Schnellenbach, Jan; Schubert, Christian - 2014

Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...

Persistent link: https://www.econbiz.de/10010412852

Compulsory voting and public finance

Hodler, Roland - 2010

Conventional wisdom suggests that compulsory voting lowers the influence of specialinterest groups and leads to policies that are better for less privileged citizens, who often abstain when voting is voluntary. To scrutinize this conventional wisdom, I study public goods provision and rents to...

Persistent link: https://www.econbiz.de/10008758913

Autocracy, Democracy and Trade Policy

Galiani, Sebastian - 2011

We study democratization, coups and trade policy determination in an environment marked by intra-elite conflict over trade policy by taking a simple general equilibrium model of an open economy and combining it with the Acemoglu-Robinson model of democratization. Unlike the approaches taken in...

Persistent link: https://www.econbiz.de/10013132536

The Political Economy of Taxation : Power, Structure, Redistribution

Winer, Stanley L. - 2017

In this chapter I provide an overview of the political economy of taxation in democratic states by considering the three most important issues in the field: (1) the evolution of the power to tax in (what are now) the mature constitutional democracies; (2) the nature and determinants of modern...

Persistent link: https://www.econbiz.de/10012964375

Voting Over Income Taxation

Carbonell-Nicolau, Oriol - 2006

A major problem of the positive theory of income taxation is to explain why statutory income tax schedules in practice …

Persistent link: https://www.econbiz.de/10012780427

Corruption, Competition, and Contracts : A Model of Vote Buying

Várdy, Felix - 2006

In the presence of competing interest groups, this paper examines how the form of vote-buying contracts affects policy outcomes. We study contracts contingent upon individual votes, policy outcomes, and/or vote shares. Voters either care about their individual votes, or about the policy outcome....

Persistent link: https://www.econbiz.de/10012780649

Policy Reform as Collective Action

Johnson, Omotunde - 2006

A government desiring support for its policy reform program, without coercion, behaves as if it faces a political constraint. Citizen support depends on the estimate, by at least some minimum proportion of the population, that the program will succeed and the outcome will be in their individual...

Persistent link: https://www.econbiz.de/10012781967

Candidate Entry, Screening, and the Political Budget Cycle

Le Borgne, Eric - 2006

We investigate whether private information about citizens' competence in political office can be revealed by their entry and campaign expenditure decisions. We find that this depends on whether voters and candidates have common or conflicting interests; only in the former case can entry be...

Persistent link: https://www.econbiz.de/10012782888