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Distributive politics and economic growth

[PDF] from oxfordjournals.org
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, ...
Cited by 3325 - Related articles - BL Direct - All 33 versions

Income distribution, political instability, and investment

[PDF] from harvard.edu
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 ...
Cited by 1611 - Related articles - BL Direct - All 21 versions

Public goods and ethnic divisions

[PDF] from oxfordjournals.org
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 ...
Cited by 1591 - Related articles - BL Direct - All 35 versions

Who gives foreign aid to whom and why?

[PDF] from harvard.edu
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 ...
Cited by 1499 - Related articles - BL Direct - All 23 versions

Central bank independence and macroeconomic performance: some comparative evidence

[PDF] from ucdenver.edu
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 ...
Cited by 1399 - Related articles - BL Direct - All 30 versions

On the number and size of nations

[PDF] from oxfordjournals.org
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 ...
Cited by 1143 - Related articles - BL Direct - All 25 versions

[BOOK] Partisan politics, divided government, and the economy

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 ...
Cited by 1119 - Related articles - All 7 versions

Macroeconomic policy in a two-party system as a repeated game

[PDF] from oxfordjournals.org
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 ...
Cited by 1047 - Related articles - All 10 versions

[BOOK] Political cycles and the macroeconomy

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 ...
Cited by 1037 - Related articles - All 10 versions

Political instability and economic growth

[PDF] from harvard.edu
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 ...
Cited by 1022 - Related articles - BL Direct - All 16 versions

Participation in heterogeneous communities

[PDF] from oxfordjournals.org
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 ...
Cited by 981 - Related articles - BL Direct - All 37 versions

A positive theory of fiscal deficits and government debt in a democracy

[PDF] from harvard.edu
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 ...
Cited by 911 - Related articles - All 27 versions

Who trusts others?

[PDF] from harvard.edu
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) ...
Cited by 875 - Related articles - BL Direct - All 30 versions

The political economy of budget deficits

[PDF] from bke.hu
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 ...
Cited by 865 - Related articles - BL Direct - All 18 versions

[BOOK] Fighting poverty in the US and Europe: A world of difference

[PDF] from worldbank.org
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 ...
Cited by 849 - Related articles - BL Direct - All 9 versions

[PDF] Macroeconomics and politics

[PDF] from nber.org
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 ...
Cited by 811 - Related articles - View as HTML - All 6 versions

Inequality and happiness: are Europeans and Americans different?

[PDF] from harvard.edu
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 ...
Cited by 822 - Related articles - BL Direct - All 45 versions

Fiscal expansions and fiscal adjustments in OECD countries

[PDF] from columbia.edu
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 ...
Cited by 764 - Related articles - BL Direct - All 14 versions

Ethnic diversity and economic performance

[PDF] from harvard.edu
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 ...
Cited by 704 - Related articles - BL Direct - All 45 versions

Credibility and policy convergence in a two-party system with rational voters

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- ...
Cited by 663 - Related articles - All 8 versions

Do corrupt governments receive less foreign aid?

[PDF] from harvard.edu
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 ...
Cited by 668 - Related articles - BL Direct - All 34 versions

Fiscal adjustments in OECD countries: composition and macroeconomic effects

[PDF] from bgu.ac.il
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 ...
Cited by 630 - Related articles - BL Direct - All 17 versions

Why Doesn't the US Have a European-Style Welfare System?

[PDF] from psu.edu
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 ...
Cited by 620 - Related articles - BL Direct - All 39 versions

Voting on the budget deficit

[PDF] from harvard.edu
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, ...
Cited by 611 - Related articles - All 19 versions

Politics and business cycles in industrial democracies

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, ...
Cited by 585 - Related articles - All 5 versions

Budget institutions and fiscal performance in Latin America

[PDF] from harvard.edu
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 ...
Cited by 560 - Related articles - BL Direct - All 32 versions

Political cycles in OECD economies

[PDF] from harvard.edu
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 ...
Cited by 529 - Related articles - BL Direct - All 17 versions

Economic integration and political disintegration

[PDF] from harvard.edu
A Alesina, E Spolaore… - 1997 - nber.org
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, ...
Cited by 526 - Related articles - BL Direct - All 33 versions

Openness, country size and government

[PDF] from harvard.edu
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 ...
Cited by 522 - Related articles - BL Direct - All 19 versions

[PDF] Budget deficits and budget institutions

[PDF] from nber.org
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. ...
Cited by 478 - Related articles - View as HTML - BL Direct - All 16 versions

Currency unions

[PDF] from oxfordjournals.org
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 ...
Cited by 461 - Related articles - BL Direct - All 39 versions

Fairness and redistribution: US versus Europe

[PDF] from harvard.edu
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 ...
Cited by 465 - Related articles - BL Direct - All 65 versions

[PDF] Work and Leisure in the US and Europe: Why so Different?

[PDF] from nber.org
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 ...
Cited by 444 - Related articles - View as HTML - BL Direct - All 30 versions

Political parties and the business cycle in the United States, 1948-1984

[PDF] from harvard.edu
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 ...
Cited by 438 - Related articles - All 13 versions

Preferences for Redistribution in the Land of Opportunities

[PDF] from harvard.edu
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 ' ...
Cited by 440 - Related articles - BL Direct - All 37 versions

Tales of fiscal adjustment

[PDF] from harvard.edu
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 ...
Cited by 410 - Related articles - BL Direct - All 14 versions

[PDF] Optimal currency areas

[PDF] from nber.org
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 ...
Cited by 393 - Related articles - View as HTML - BL Direct - All 40 versions

Fiscal policy, profits, and investment

[PDF] from bc.edu
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 ...
Cited by 393 - Related articles - BL Direct - All 40 versions

The political economy of fiscal adjustments

[PDF] from josetavares.eu
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 ...
Cited by 373 - Related articles - BL Direct - All 15 versions

The welfare state and competitiveness

[PDF] from harvard.edu
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 ...
Cited by 368 - Related articles - BL Direct - All 19 versions

Endogenous political institutions

[PDF] from oxfordjournals.org
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 ...
Cited by 367 - Related articles - BL Direct - All 57 versions

Why is fiscal policy often procyclical?

[PDF] from cesifo-economic-studies.de
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 ...
Cited by 356 - Related articles - BL Direct - All 80 versions

External debt, capital flight and political risk

[PDF] from harvard.edu
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 ...
Cited by 333 - Related articles - All 17 versions

Rules and discretion with noncoordinated monetary and fiscal policies

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 ...
Cited by 312 - Related articles - All 8 versions

Regulation and investment

[PDF] from harvard.edu
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, ...
Cited by 320 - Related articles - BL Direct - All 48 versions

The politics of ambiguity

[PDF] from oxfordjournals.org
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 ...
Cited by 290 - Related articles - All 16 versions

Good bye Lenin (or not?): The effect of Communism on people's preferences

[PDF] from escholarship.org
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 ...
Cited by 306 - Related articles - BL Direct - All 64 versions

The European central bank: Reshaping monetary politics in Europe

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 ...
Cited by 283 - Related articles - All 13 versions

Macroeconomic policy and elections in OECD democracies

[PDF] from harvard.edu
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 ...
Cited by 287 - Related articles - All 19 versions

What does the European Union do?

[PDF] from kuleuven.be
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 ...
Cited by 273 - Related articles - BL Direct - All 45 versions

Independent central banks: low inflation at no cost?

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- ...
Cited by 267 - Related articles - BL Direct - All 8 versions

The political economy of capital controls

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 ...
Cited by 268 - Related articles - BL Direct - All 14 versions

Fiscal discipline and the budget process

[PDF] from bke.hu
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 ...
Cited by 253 - Related articles - BL Direct - All 10 versions

[BOOK] Defining a macroeconomic framework for the euro area

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 ...
Cited by 251 - Related articles - All 6 versions

Alternative approaches to the political business cycle

[PDF] from gsu.edu
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 ...
Cited by 245 - Related articles - All 21 versions

A theory of divided government

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 ...
Cited by 243 - Related articles - BL Direct - All 8 versions

Partisan cycles in congressional elections and the macroeconomy

[PDF] from harvard.edu
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, ...
Cited by 237 - Related articles - All 6 versions

Political jurisdictions in heterogeneous communities

[PDF] from harvard.edu
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, ...
Cited by 230 - Related articles - BL Direct - All 46 versions

A model of the political economy of the United States

[PDF] from harvard.edu
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 ...
Cited by 224 - Related articles - All 4 versions

Trade, growth and the size of countries

[PDF] from cerium.ca
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 ...
Cited by 187 - Related articles - All 30 versions

Public confidence and debt management: A model and a case study of Italy

[PDF] from upenn.edu
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 ...
Cited by 173 - Related articles - All 16 versions

Choosing (and reneging on) exchange rate regimes

[PDF] from harvard.edu
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 ...
Cited by 170 - Related articles - BL Direct - All 41 versions

The determinants of trust

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 ...
Cited by 170 - Related articles - BL Direct - All 8 versions

Bureaucrats or politicians? Part I: A single policy task

[PDF] from psu.edu
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 ...
Cited by 173 - Related articles - BL Direct - All 26 versions

Redistributive public employment

[PDF] from harvard.edu
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 ...
Cited by 170 - Related articles - BL Direct - All 19 versions

Bureaucrats or politicians?

[PDF] from ifo.de
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 ...
Cited by 166 - Related articles - BL Direct - All 51 versions

Is Europe going too far?

[PDF] from uib.es
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 ...
Cited by 165 - Related articles - BL Direct - All 16 versions

Large changes in fiscal policy: taxes versus spending

[PDF] from harvard.edu
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 ...
Cited by 165 - Related articles - All 22 versions

Redistribution through public employment: the case of Italy

[PDF] from stidue.net
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 ...
Cited by 162 - Related articles - BL Direct - All 24 versions

The power of the family

[PDF] from escholarship.org
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 ...
Cited by 164 - Related articles - BL Direct - All 66 versions

International unions

[PDF] from harvard.edu
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 ...
Cited by 158 - Related articles - BL Direct - All 39 versions

Default risk on government debt in OECD countries

[PDF] from unibocconi.it
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 ...
Cited by 156 - Related articles - BL Direct - All 4 versions

The costs and benefits of fiscal rules: evidence from US states

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 ...
Cited by 154 - Related articles - BL Direct - All 7 versions

An overlapping generations model of electoral competition

[PDF] from upenn.edu
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 ...
Cited by 142 - Related articles - All 14 versions

Dollarization

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 ...
Cited by 146 - Related articles - BL Direct - All 6 versions

Electoral business cycle in industrial democracies

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 ...
Cited by 146 - Related articles - All 5 versions

[BOOK] The future of Europe: reform or decline

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, ...
Cited by 145 - Related articles - All 12 versions

Preferences for redistribution

[PDF] from iza.org
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. ...
Cited by 144 - Related articles - All 26 versions

On the feasibility of a one or multi-speed European Monetary Union

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- ...
Cited by 140 - Related articles - BL Direct - All 13 versions

[CITATION] Credibility and politics

A Alesina… - European Economic Review, 1988 - econpapers.repec.org
By Alberto Alesina and Guido Tabellini; Credibility and politics.
Cited by 122 - Related articles - Cached - All 5 versions

Distribution, political conflict, and economic growth: A simple theory and some empirical evidence

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 ...
Cited by 122 - Related articles

[CITATION] The end of large public debts

A Alesina - High public debt: the Italian experience, 1988
Cited by 117 - Related articles

[BOOK] Political models of macroeconomic policy and fiscal reforms

[HTML] from google.com
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. ...
Cited by 117 - Related articles - All 3 versions

The European Union: a politically incorrect view

[PDF] from harvard.edu
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 ...
Cited by 118 - Related articles - BL Direct - All 43 versions

Who adjusts and when? On the political economy of reforms

[PDF] from harvard.edu
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 ...
Cited by 110 - Related articles - BL Direct - All 37 versions

The political economy of international unions

[PDF] from psu.edu
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 ...
Cited by 103 - Related articles - BL Direct - All 23 versions

Europe's gamble

[PDF] from brookings.edu
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 ...
Cited by 100 - Related articles - BL Direct - All 9 versions

Togetheror separately? Issues on the costs and benefits of political and fiscal unions

[PDF] from harvard.edu
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 ...
Cited by 100 - Related articles - All 12 versions

[CITATION] The political economy of high and low growth

A Alesina - 1997 - World Bank Washington, DC
Cited by 98 - Related articles - All 2 versions

Economic risk and political risk in fiscal unions

[PDF] from harvard.edu
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 ...
Cited by 97 - Related articles - BL Direct - All 30 versions

Gender based taxation and the division of family chores

[PDF] from unibo.it
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 ...
Cited by 92 - Related articles - BL Direct - All 73 versions

Bureaucrats or politicians? Part II: Multiple policy tasks

[PDF] from harvard.edu
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 ...
Cited by 94 - Related articles - All 16 versions

[CITATION] with Gerald D. Cohen. 1997

A Alesina… - Political Cycles and the Macroeconomy
Cited by 85 - Related articles

Reducing budget deficits

[PDF] from regeringskansliet.se
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 ...
Cited by 82 - Related articles - Cached - BL Direct - All 3 versions

Corruption, inequality, and fairness

[PDF] from harvard.edu
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 ...
Cited by 78 - Related articles - All 34 versions

Institutional rules for federations

[PDF] from harvard.edu
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 ...
Cited by 72 - Related articles - BL Direct - All 18 versions

The size of countries: does it matter?

[PDF] from harvard.edu
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: ...
Cited by 73 - Related articles - BL Direct - All 22 versions

Distributive politics and economic growth

[PDF] from harvard.edu
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 ...
Cited by 70 - Related articles - All 8 versions

Fairness and redistribution: US versus Europe

[PDF] from j-bradford-delong.net
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 ...
Cited by 71 - Related articles - BL Direct - All 16 versions

[BOOK] The political economy of macroeconomic stabilizations and income inequality: myths and reality

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 ...
Cited by 68 - Related articles

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