A Alesina… - 1991 - nber.org
This paper studies the relationship between political conflict and economic growth in a
simple model of endogenous growth with distributive conflicts. We study both the case of
two" classes"(workers and capitalists) and the case of a continuum distribution of agents, ...
A Alesina… - European Economic Review, 1996 - Elsevier
This paper successfully tests on a sample of 71 countries for the period 1960–85 the
following hypotheses. Income inequality, by fuelling social discontent, increases
sociopolitical instability. The latter, by creating uncertainty in the politico-economic ...
A Alesina, R Baqir… - The Quarterly Journal of …, 1999 - qje.oxfordjournals.org
Abstract We present a model that links heterogeneity of preferences across ethnic groups in
a city to the amount and type of public goods the city supplies. We test the implications of the
model with three related data sets: US cities, US metropolitan areas, and US urban ...
A Alesina… - Journal of economic growth, 2000 - Springer
This paper studies the pattern of allocation of foreign aid from various donors to receiving
countries. We find considerable evidence that the direction of foreign aid is dictated as much
by political and strategic considerations, as by the economic needs and policy ...
A Alesina… - Journal of Money, Credit and Banking, 1993 - JSTOR
THE DEGREE OF CENTRAL BANK INDEPENDENCE varies considerably across countries.
Several authors including Bade and Parkin (1982), Alesina (1988, 1989), and Grilli,
Masciandaro, and Tabellini (1991) found that more independent central banks are ...
A Alesina… - 1995 - nber.org
This paper studies the equilibrium determination of the number of political jurisdictions in
different political regimes, democratic or not, and in different economic environments, with
more or less economic integration. We focus on the trade off between the benefits of large ...
A Alesina… - 1995 - books.google.com
This book develops an integrated approach to understanding the American economy and
national elections. Economic policy is generally seen as the result of a compromise between
the President and Congress. Because Democrats and Republicans usually maintain ...
A Alesina - The Quarterly Journal of Economics, 1987 - qje.oxfordjournals.org
Abstract This paper considers the interaction of two parties with different objectives
concerning inflation and unemployment and rational and forward-looking wage-setters. If
discretionary policies are followed, an economic cycle related to the political cycle results ...
A Alesina, N Roubini… - 1997 - books.google.com
The relationship between political and economic cycles is one of the most widely studied
topics in political economics. This book examines how electoral laws, the timing of elections,
the ideological orientation of governments, and the nature of competition between political ...
A Alesina, S Özler, N Roubini… - Journal of Economic Growth, 1996 - Springer
This paper investigates the relationship between political instability and per capita GDP
growth in a sample of 113 countries for the period 1950 through 1982. We define political
instability as the propensity of a government collapse, and we estimate a model in which ...
A Alesina… - The quarterly journal of economics, 2000 - qje.oxfordjournals.org
Abstract This paper studies what determines group formation and the degree of participation
when the population is heterogeneous, both in terms of income and race or ethnicity. We are
especially interested in whether and how much the degree of heterogeneity in ...
AF Alesina… - 1987 - nber.org
Page 1. NBER WORKING PAPER SERIES A POSITIVE THEORY OF FISCAL DEFICITS
AND GOVERNMENT DEBT IN A DEMOCRACY Alberto Alesina Guido Tabellini Working
Paper No. 2308 NATIONAL BUREAU OF ECONOMIC ...
A Alesina… - Journal of Public Economics, 2002 - Elsevier
Both individual experiences and community characteristics influence how much people trust
each other. Using individual level data drawn from US localities we find that the strongest
factors associated with low trust are:(i) a recent history of traumatic experiences;(ii) ...
A Alesina… - 1994 - nber.org
This paper provides a critical survey of the literature on politico-institutional determinants of
the government budget. We organize our discussion around two questions: Why did certain
OECD countries, but not others, accumulate large public debts? Why did these fiscal ...
A Alesina… - 2004 - books.google.com
In this this timely study of the different approaches of America and Europe to the problems of
domestic inequality and poverty, the authors describe just how different the two continents
are in the level of State engagement in the redistribution of income. They discuss various ...
A Alesina - 1988 - nber.org
" Social planners" and" representative consumers" do not exist. The recent game-theoretic
literature on macroeconomic policy has set the stage for going beyond this stylized
description of policymaking and building more realistic positive models of economic policy ...
A Alesina, R Di Tella… - Journal of Public Economics, 2004 - Elsevier
We study the effect of the level of inequality in society on individual well-being using a total
of 123,668 answers to a survey question about “happiness”. We find that individuals have a
lower tendency to report themselves happy when inequality is high, even after controlling ...
A Alesina… - 1995 - nber.org
This paper considers budget expansions and adjustments in OECD countries in the last
three decades. Our main results are: i) on average fiscal expansions are the results of
increases in expenditures, particularly of transfer programs, while contractions are ...
A Alesina… - 2004 - nber.org
We survey and assess the literature on the positive and negative effects of ethnic diversity
on economic policies and outcomes. Our focus is on both focus both cities in developed
countries (the US) and villages in developing countries. We also consider the ...
A Alesina - The American Economic Review, 1988 - JSTOR
The traditional approach to modeling political parties' behavior, based upon the contribution
of Anthony Downs (1957), assumes that the parties' unique objective is to win elections:
thus, they maximize their popularity. The crucial implication of this assumption for a two- ...
A Alesina… - 1999 - nber.org
Critics of foreign aid programs argue that these funds often support corrupt governments and
inefficient bureaucracies. Supporters argue that foreign aid can be used to reward good
governments. This paper documents that there is no evidence that less corrupt ...
A Alesina… - 1996 - nber.org
This ppaer studies how the composition of fiscal adjustments influences their likelihood of
success, defined as a long lasting deficit reduction, and their macroeconomic
consequences. We find that fiscal adjustments which rely primarily on spending cuts on ...
A Alesina, E Glaeser… - 2001 - nber.org
European countries are much more generous to the poor relative to the US level of
generosity. Economic models suggest that redistribution is a function of the variance and
skewness of the pre-tax income distribution, the volatility of income (perhaps because of ...
G Tabellini… - The American Economic Review, 1990 - JSTOR
This paper analyzes a model in which a group of rational individuals votes over the
composition and time profile of public spending. All voters agree that a balanced budget is
ex ante optimal. However, if there is disagreement between current and future majorities, ...
A Alesina, J Mirrlees… - Economic Policy, 1989 - JSTOR
Influences from political competition on macroeconomic policy are often thought to be a
source of economic fluctuations. Politicians are described as being driven by two, not
mutually exclusive, main motivations: they want to be reelected and they harbour political, ...
A Alesina, R Hausmann, R Hommes… - 1996 - nber.org
In this paper we collect detailed information on the budget institutions of Latin American
countries. We classify these institutions on ahierarchical'/'collegial'scale, as a function of
their transparency and the existence of legislative constraints on the deficit. We then show ...
A Alesina… - 1990 - nber.org
This paper studies whether the dynamic behavior of GNP growth, unemployment and
inflation is systematically affected by the timing of elections and of changes of governments.
The sample includes the last three decades in 18 OECD economies. We explicitly test the ...
Trade liberalization and political separatism go hand in hand. In a world of trade restrictions,
large countries enjoy economic benefits because political boundaries determine the size of
the market. In a world of free trade and global markets even relatively small cultural, ...
A Alesina… - Journal of Public Economics, 1998 - Elsevier
This paper shows that smaller countries have a larger share of public consumption in GDP,
and are also more open to trade. These empirical observations are consistent with recent
theoretical models explaining country formation and break up, and may account for the ...
AF Alesina… - 1999 - nber.org
... Budget Institutions Alberto Alesina and Roberto Perotti ... Alberto Alesina is professor of economics
and government at Harvard University and a research associate of the National Bureau of
Economic Research and of the Centre for Economic Policy Research, London. ...
A Alesina… - 2000 - nber.org
What is the optimal number of currencies in the world? Common currencies affect trading
costs and, thereby, the amounts of trade, output, and consumption. From the perspective of
monetary policy, the adoption of another country's currency trades off the benefits of ...
A Alesina… - 2002 - papers.ssrn.com
Abstract: Different beliefs about how fair social competition is and what determines income
inequality, influence the redistributive policy chosen democratically in a society. But the
composition of income in the first place depends on equilibrium tax policies. If a society ...
AF Alesina, EL Glaeser… - 2006 - nber.org
... URL: http://www.nber.org/chapters/c0073 Page 2. Work and Leisure in the United States and
Europe: Why So Different? Alberto Alesina, Harvard, NBER, and CEPR Edward Glaeser, Harvard
and NBER Bruce Sacerdote, Dartmouth and NBER 1 Introduction ...
AF Alesina… - 1986 - nber.org
Page 1. NBER WORKING PAPER SERIES POLITICAL PARTIES AND THE BUSINESS
CYCLE IN THE UNITED STATES, 1948-1984 Alberto Alesina Jeffrey Sachs Working
Paper No. 1Э40 NATIONAL BUREAU OF ECONOMIC ...
A Alesina… - Journal of Public Economics, 2005 - Elsevier
This paper explores how individual preferences for redistribution depend on future income
prospects. In addition to estimating the impact of individuals' socioeconomic background
and of their subjective perceptions of future mobility, we employ panel data to construct ' ...
A Alesina… - Economic policy, 1998 - Wiley Online Library
This paper examines the evidence on fiscal adjustments in OECD countries from the early
1960s to today. The results shed light on the recently observed phenomenon of fiscal
tightening that produces (non-Keynesian) expansionary effects. One interpretation is that ...
A Alesina, RJ Barro… - 2003 - nber.org
... Conference Date: April 5-6, 2002 Publication Date: January 2003 Title: Optimal Currency Areas
Author: Alberto Alesina, Robert J. Barro, Silvana Tenreyro URL: http://www.nber.org/chapters/
c11077 Page 2. Alberto Alesina, Robert J. Barro, and Silvana Tenreyro ...
A Alesina, S Ardagna, R Perotti… - 1999 - nber.org
This paper evaluates the effects of fiscal policy on investment using a panel of OECD
countries. In particular, we investigate how different types of fiscal policy affect profits and, as
a result, investment. We find a sizable negative effect of public spending--and in particular ...
A Alesina, R Perotti, J Tavares, M Obstfeld… - Brookings Papers on …, 1998 - JSTOR
FISCAL DISCIPLINE is currently the main macroeconomic problem faced by industrial and
developing countries. Following the fiscal profligacy of the 1970s and early 1980s, deficit
reduction has dominated the political economy debate during the past few years. The ...
A Alesina… - 1994 - nber.org
In all modern industrial countries, redistributive expenditures are a larger component of the
government budget than consumption of goods and services. In this paper, we use a
general equilibrium, two-country model with exportables, importables and nontradables to ...
P Aghion, A Alesina… - The Quarterly Journal of …, 2004 - qje.oxfordjournals.org
Abstract A fundamental aspect of institutional design is how much society chooses to
delegate unchecked power to its leaders. If, once elected, a leader cannot be restrained,
society runs the risk of a tyranny of the majority, if not the tyranny of a dictator. If a leader ...
A Alesina, FR Campante… - Journal of the European …, 2008 - Wiley Online Library
Abstract Fiscal policy is procyclical in many developing countries. We explain this policy
failure with a political agency problem. Procyclicality is driven by voters who seek to “starve
the Leviathan” to reduce political rents. Voters observe the state of the economy but not ...
A Alesina… - Journal of International Economics, 1989 - Elsevier
Abstract This paper explains the simultaneous occurence of large external debts, private
capital outflows and low domestic capital formation. We consider a general equilibrium
model in which two government types with conflicting distributional goals randomly ...
A Alesina… - Economic Inquiry, 1987 - Wiley Online Library
The time inconsistency of optimal monetary policy is due to the effects of tax distortions. Thus
the issue of how to improve upon the time-consistent suboptimal monetary policy is related
to that of the coordination of monetary and fiscal policy. We present a model with three ...
A Alesina, S Ardagna, G Nicoletti… - Journal of the …, 2005 - Wiley Online Library
We use newly assembled data on regulation in several sectors of many OECD countries to
provide evidence that regulatory reform of product markets is associated with an increase in
investment. A component of reform that plays a very important role is entry liberalization, ...
AF Alesina… - 1987 - nber.org
NBER WORKING PAPER SERIES THE POLITICS OF AMBIGUITY Alberto Alesina Alex Cukierman
Working Paper No. 2468 ... some range, even if voters are risk averse. Alberto Alesina Alex
Cukierman Graduate School of Industrial Administration Department of Economics ...
A Alesina… - 2005 - nber.org
Preferences for redistribution, as well as the generosities of welfare states, differ significantly
across countries. In this paper, we test whether there exists a feedback process of the
economic regime on individual preferences. We exploit the" experiment" of German ...
A Alesina… - 1991 - nber.org
This paper studies how the creation of a European Central Bank (ECB) will change the
political economy of monetary policy in Europe. The twelve governors of the national Central
Banks of the EEC have recently proposed a statute for the ECB which delineates its ...
A Alesina, GD Cohen… - 1991 - nber.org
The purpose of this paper is to test for evidence of opportunistic" political business cycles" in
a large sample of 18 OECD economies. Our results can be summarized as follows: 1) We
find very little evidence of pre-electoral effects of economic outcomes, in particular, on ...
A Alesina, I Angeloni… - Public Choice, 2005 - Springer
The goal of this paper is to evaluate the attribution of policy prerogatives to European Union
level institutions and compare them to the implications of normative policy models and to the
preferences of European citizens. For this purpose we construct a set of indicators to ...
A Alesina… - The American Economic Review, 1995 - JSTOR
In his seminal contribution, Kenneth Rogoff (1985) suggests that an independent and
inflation-averse central bank reduces average inflation but, as a result, increases output
variability; the" conservative" central banker reduces the inflation bias, due to the time- ...
A Alesina, V Grilli… - 1993 - nber.org
ABSTRACT This paper studies the institutional and political determinants of capital controls
in a sample of 20 OECD countries for the period 1950-1989. One of the most interesting
results is that capital controls are more likely to be imposed by strong governments which ...
A Alesina… - The American Economic Review, 1996 - JSTOR
The critical economic policy issue for many OECD countries, developing countries, and
transition economies currently is fiscal consolidation, and the maintenance of long-run fiscal
balance. Two related components underlie this general goal. First, several countries face ...
A Alesina - 2001 - books.google.com
The third title in the MECB series begins with a review of the main events of the year and
how the ECB has dealt with them. The authors focus mainly on eurozone inflation and the
exchange rate of the euro but also address a few specific issues, such as transparency of ...
WD Nordhaus, A Alesina… - Brookings papers on economic …, 1989 - JSTOR
It is impossible to consider the ordinary course of affairs in the United States without
perceiving that the desire to be re-elected is the chief aim of the President;... and that
especially as [the election] approaches, his personal interest takes the place of his interest ...
A Alesina… - Econometrica: Journal of the Econometric Society, 1996 - JSTOR
This paper extends the spatial theory of voting to an institutional structure in which policy
choices depend upon not only the executive but also the composition of the legislature.
Voters have incentives to be strategic since policy reflects the outcome of a simultaneous ...
A Alesina… - The American Political Science Review, 1989 - JSTOR
In the postwar United States the president's party has always done worse in the midterm
congressional elections than in the previous congressional election. Republican
administrations exhibit below-average, and Democratic administrations above-average, ...
A Alesina, R Baqir… - 2000 - nber.org
We investigate how the number and size of local political jurisdictions in an area is
determined. Our model focuses on the tradeoff between the benefits of economies of scale
and the costs of a heterogeneous population. We consider heterogeneity in income, race, ...
A Alesina, J Londregan… - American Political Science Review, 1993 - JSTOR
We develop and test a model of joint determination of economic growth and national
election results in the United States. The formal model, which combines developments in the
rational choice analysis of the behavior of economic agents and voters, leads to a system ...
A Alesina,
E Spolaore… - Handbook of economic growth, 2005 - Elsevier
Abstract Normally, economists take the size of countries as an exogenous variable.
Nevertheless, the borders of countries and their size change, partially in response to
economic factors such as the pattern of international trade. Conversely, the size of ...
A Alesina, A Prati… - 1989 - nber.org
ABSTRACT High debt countries may face the risk of self-fulfilling debt crises. If the public
expects that in the future the government will be unable to roll over the maturing debt, they
may refuse to buy debt today and choose to hold foreign assets. This lack of confidence ...
A Alesina… - Journal of the European Economic …, 2006 - Wiley Online Library
Abstract We use data on announced and actual exchange rate arrangements to ask which
countries follow de facto regimes different from their de iure ones, that is, do not do what they
say. Our results suggest that countries with poor institutional quality have difficulty in ...
A Alesina… - 2000 - nber.org
Both individual experiences and community characteristics influence how much people trust
each other. Using data drawn from US localities we find that the strongest factors that reduce
trust are: i) a recent history of traumatic experiences, even though the passage of time ...
A Alesina… - The American Economic Review, 2007 - ingentaconnect.com
Abstract: This paper investigates the normative criteria that guide the allocation of a policy
task to an elected politician versus an independent bureaucrat. The bureaucrat is preferable
for technical tasks for which ability is more important than effort, or if there is great ...
A Alesina, R Baqir… - 1998 - nber.org
Politicians may use disguised'redistributive policies in order to circumvent opposition to
explicit tax-transfer schemes. First, we present a theoretical model that formalizes this
hypothesis; then we provide evidence that in US cities, politicians use public employment ...
A Alesina… - 2004 - nber.org
Policies are typically chosen by politicians and bureaucrats. This paper investigates the e
fficiency criteria for allocating policy tasks to elected policymakers (politicians) or non
elected bureaucrats. Politicians are more efficient for tasks that do not involve too much ...
A Alesina… - Carnegie-Rochester Conference Series on Public …, 1999 - Elsevier
This paper examines the process of European political integration. We start with a political-
economy model of monetary policy, illustrating a general principle: economic integration
requires setting up European institutions endowed with the authority to enact Europe-wide ...
AF Alesina… - 2009 - nber.org
... The Congressional Budget Office predicts deficit of 7 per cent of GDP up to 2020. This is not a
rosy scenario. References [1] Aghion Philippe, Alberto Alesina and Francesco Trebbi (2004)
"Endogenous Political Institutions" Quarterly Journal of Economics, 119, 565-612 ...
A Alesina, S Danninger… - 1999 - nber.org
This paper examines the regional distribution of public employment in Italy. It documents two
sets of facts. This first is the use of public employment as a subsidy from the North to the less
wealthy South. We calculate that about half of the wage bill in the South of Italy can be ...
A Alesina… - Journal of Economic Growth, 2010 - Springer
Abstract We study the importance of family ties on economic behavior. We define our
measure of family ties using individual responses from the World Value Survey (WVS)
regarding the role of the family and the love and respect that children are expected to ...
A Alesina, I Angeloni… - 2003 - papers.ssrn.com
Abstract: We model an international union as a group of countries deciding together on the
provision of public goods or policies that generate spillovers across members. The trade-off
between benefits of coordination and loss of independent policy-making endogenously ...
A Alesina, M De Broeck, A Prati, G Tabellini… - Economic Policy, 1992 - JSTOR
Different European countries pay very different interest rates on their public debts. Will these
differences disappear if and when exchange rates come to be irrevocably fixed in the
European Monetary Union? Or rather will default risks in the high debt countries keep ...
A Alesina… - 1996 - nber.org
This paper shows that in American states balanced budget rules are effective in enforcing
fiscal discipline but they have no costs in terms of increased output variability. More
specifically, we show that tighter fiscal rules are associated with larger average surplus ...
AF Alesina… - 1987 - nber.org
... AN OVERLAPPING GENERATIONS MODEL OF ELECTORAL COMPETITION Alberto Alesina
Stephen E. Spear Working Paper No. 2354 ... usefully applied to the political arena. Alberto
Alesina GSIA Carnegie—Mellon University Pittsburgh, PA 15213 ...
A Alesina… - The American Economic Review, 2001 - JSTOR
focus is dictated by the available data. In the future, when the euro and other currency
unions involving large countries have been around for a while, the data will be much better.
However, even at present, one can regard the existing unions as providing very ...
A Alesina, GD Cohen… - European Journal of Political Economy, 1993 - Elsevier
Abstract In this paper we examine the issue of endogenous timing of elections, as well as
deepen our investigation of pre-electoral manipulation of both monetary and fiscal policy
instruments. First, we test whether politicians may be opportunistic by calling early ...
A Alesina… - 2006 - books.google.com
Choice Outstanding Academic Title, 2007. Unless Europe takes action soon, its further
economic and political decline is almost inevitable, economists Alberto Alesina and
Francesco Giavazzi write in this provocative book. Without comprehensive reform, ...
AF Alesina… - 2009 - nber.org
... Page 3. Preferences for Redistribution∗ Alberto Alesina and Paola Giuliano Harvard
University and UCLA June 2008 Revised January 2009 Abstract This paper discusses
what determines the preferences of individuals for redistribution. ...
A Alesina… - 1993 - nber.org
This paper addresses two questions:(1) Is a twelve country monetary union in Europe
feasible;(2) Can monetary union be achieved at multi-speed, ie, with a rust group of
countries going first, and later admitting the others? After examining several politico- ...
A Alesina… - European Economic Review, 1988 - econpapers.repec.org
By Alberto Alesina and Guido Tabellini; Credibility and politics.
A Alesina… - … , Growth and Business Cycles, MIT Press, …, 1992 - books.google.com
The relationship between politics and economic growth is one of the most fundamental
issues in political economy. Our objective in this chapter is to address this issue by
developing a simple theoretical model and looking at some empirical evidence in support ...
[CITATION] The end of large public debts
A Alesina - High public debt: the Italian experience, 1988
A Alesina… - 1992 - books.google.com
ECONOMISTS TYPICALLY STUDY POLICYMAKING USING MODELS in which a
benevolent social planner optimally chooses economic policy instruments in order to
maximize the welfare of a representative individual, given certain resource constraints. ...
A Alesina… - 2004 - nber.org
In this paper, we present our view of the recent evolution of European integration. We first
briefly describe the main features of the institution and decision making process in the
European Union, with particular attention to the debate between federalists and super ...
A Alesina, S Ardagna… - 2006 - nber.org
Why do countries delay stabilizations of large and increasing budget deficits and inflation?
And what explains the timing of reforms? We use the war of attrition model as a guidance for
our empirical study on a vast sample of countries. We find that stabilizations are more ...
A Alesina, I Angeloni… - 2001 - nber.org
We model an international union as a group of countries deciding together the provision of
certain public goods and policies because of spillovers. The countries are heterogeneous
either in preferences and/or in economic fundamentals. The trade off between the benefits ...
M Obstfeld, A Alesina… - Brookings Papers on Economic Activity, 1997 - JSTOR
AFTER THREE DECADES, the quest for European monetary unification may well bear fruit
on January 1, 1999. On that date the European Union (EU) plans to introduce a common
currency, the euro, in member states that satisfy specified macroeconomic convergence ...
A Alesina, R Perotti… - European Economic Review, 1995 - Elsevier
Around the world one observes a tendency toward political separatism. The economic
literature generally (but not always) emphasizes several benefits of large fiscal (and,
therefore, political) jurisdictions. In this paper we discuss several politico-economic ...
[CITATION] The political economy of high and low growth
A Alesina - 1997 - World Bank Washington, DC
A Alesina… - 1995 - nber.org
A fiscal program that redistributes income from rich to poor individuals indirectly redistributes
tax revenues from regions hit by a favorable shock to regions hit by an unfavorable one.
Centralized fiscal redistribution has therefore been advocated as a way to insure ...
A Alesina, A Ichino… - 2007 - nber.org
Gender-Based Taxation (GBT) satisfies Ramsey's rule of optimality because it taxes at a
lower rate the more elastic labor supply of women. This holds when different elasticities
between men and women are taken as exogenous. We study GBT in a model in which ...
A Alesina… - Journal of Public Economics, 2008 - Elsevier
Policies are typically chosen by politicians and bureaucrats. This paper investigates first the
normative criteria with which to allocate policy tasks to elected policymakers (politicians) or
non-elected bureaucrats. Politicians are preferable if there is uncertainty about social ...
[CITATION] with Gerald D. Cohen. 1997
A Alesina… - Political Cycles and the Macroeconomy
A Alesina… - DISCUSSION PAPER SERIES- …, 1995 - en.scientificcommons.org
Abstract This paper compares the evidence concerning successful versus unsuccessful
fiscal adjustments, where success is defined in terms of achieving a lasting debt reduction.
The goal is to understand from successful adjustments, what policies can help the ...
A Alesina… - Journal of Monetary Economics, 2005 - Elsevier
Bigger governments raise the possibilities for corruption; more corruption may in turn raise
the support for redistributive policies that intend to correct the inequality and injustice
generated by corruption. We formalize these insights in a simple dynamic model. A ...
A Alesina, I Angeloni… - 2001 - nber.org
We study the organization of federations-or international unions-which decide together the
provision of certain public goods. The benefit of centralization depends on the internalization
of the spillovers, that of decentralization on the adaptability to local differences. We ...
A Alesina - Journal of the European Economic Association, 2003 - Wiley Online Library
Abstract Borders are a man-made institution, and as such their shape cannot be taken as
part of the physical landscape. The size of countries is endogenous to politico-economic
forces. This paper discusses recent efforts by economists to study three related questions: ...
D Rodrik… - Quarterly Journal of Economics, 1994 - dash.harvard.edu
We study the relationship between politics and economic growth in a simple model of
endogenous growth with distributive conflict among agents endowed with varying
capital/labor shares. We establish several results regarding the factor ownership of the ...
A Alesina… - 2003 - nber.org
Different beliefs about how fair social competition is and what determines income inequality,
influence the redistributive policy chosen democratically in a society. But the composition of
income in the first place depends on equilibrium tax policies. If a society believes that ...
A Alesina - 1998 - books.google.com
Conventional wisdom holds that stabilization programs and policy reforms, particularly IMF-
supported ones, hurt the poor in the short and medium run by forcing budget cuts, price
liberalization, and an increase in unemployment. Income inequality increases, threatening ...
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