Economics and Politics
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SOCIAL COHESION, INSTITUTIONS, AND GROWTHWe present evidence that measures of “social cohesion,” such as income inequality and ethnic fractionalization, endogenously determine institutional quality, which in turn causally determines growth.
Economics and Politics - Tập 18 Số 2 - Trang 103-120 - 2006
THE PARADOX OF POWER*In power struggles, the strong might be expected to grow ever stronger and the weak weaker still. But in actuality, poorer or smaller combatants often end up improving their position relative to richer or larger ones. This is the paradox of power. The explanation is that initially poorer contenders are rationally motivated to fight harder, to invest relatively more in conflictual activity.... ...
Economics and Politics - Tập 3 Số 3 - Trang 177-200 - 1991
INEQUALITY, REDISTRIBUTION, AND RENT‐SEEKINGThis paper presents a non‐median voter model of redistribution in which greater inequality leads to lower redistribution. Bargaining between interest groups and politicians over exemptions implies that individuals with sufficiently high income will not pay taxes in equilibrium. Therefore, voters will set tax rates low enough so as to control the incentives for rent‐seeking. An increase in ... ...
Economics and Politics - Tập 16 Số 3 - Trang 287-320 - 2004
The Institutional Environment for Economic GrowthThis article forges an explicit link between an objective measure of political constraints and variation in cross‐national growth rates. It derives a new measure of political constraints from a simple spatial model of political interaction that incorporates information on the number of independent branches of government with veto power and the distribution of preferences across and within ... ...
Economics and Politics - Tập 12 Số 1 - Trang 1-31 - 2000
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