DamsQuarterly Journal of Economics - Tập 122 Số 2 - Trang 601-646 - 2007
Esther Duflo, Rohini Pande
A Political Theory of Populism *Quarterly Journal of Economics - Tập 128 Số 2 - Trang 771-805 - 2013
Daron Acemoğlu, Georgy Egorov, Konstantin Sonin
Abstract
When voters fear that politicians may be influenced or corrupted by the rich elite, signals of integrity are valuable. As a consequence, an honest politician seeking reelection chooses “populist” policies—that is, policies to the left of the median voter—as a way of signaling that he is not beholden to the interests of the right. Politicians...... hiện toàn bộ
The Global Decline of the Labor Share*Quarterly Journal of Economics - Tập 129 Số 1 - Trang 61-103 - 2014
Loukas Karabarbounis, Brent Neiman
AbstractThe stability of the labor share of income is a key foundation in macroeconomic models. We document, however, that the global labor share has significantly declined since the early 1980s, with the decline occurring within the large majority of countries and industries. We show that the decrease in the relative price of investment goods, often attributed to ...... hiện toàn bộ