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Intro -- Analytical Political Economy -- Contents -- 1 ANALYTICAL POLITICAL ECONOMY -- References -- 2 TAKING STOCK: A RIGOROUS MODELLING OF ANIMAL SPIRITS IN MACROECONOMICS -- 1. Introduction -- 2. The General Framework -- 2.1 The Discrete Choice Approach -- 2.2 The Transition Probability...
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Machine generated contents note: 1. Analytical Political Economy (Roberto Veneziani and Luca Zamparelli) 2. Taking Stock: A Rigorous Modelling Of Animal Spirits In Macroeconomics (Reiner Franke and Frank Westerhoff) 3. The Agent-Based Approach To Post Keynesian Macro-Modeling (Corrado Di Guilmi)...
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We illustrate how the desire to live in a fair society that rewards individual effort and hard work triggers an unselfish though rational demand for redistribution. This leads the well off to prefer higher taxes and the poor to reject extreme progressivity. We then provide evidence of these...
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