Political economics: explaining economic policy
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass. [u.a.]
MIT Press
2000
|
| Schriftenreihe: | Zeuthen lecture book series
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis Klappentext |
| Beschreibung: | Hier auch später erschienene, unveränderte Nachdrucke. - Literaturverz. S. [489] - 514 |
| Beschreibung: | XIX, 533 S. graph. Darst. |
| ISBN: | 9780262161954 9780262661317 |
Internformat
MARC
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| 264 | 1 | |a Cambridge, Mass. [u.a.] |b MIT Press |c 2000 | |
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Datensatz im Suchindex
| _version_ | 1804128187111702528 |
|---|---|
| adam_text | Contents
Senes
Foreword
Foreword
Preface
1
General Introduction
1.1
Economic Policy
1.2
Politics
1.3
Concluding Remarks
I
TOOLS OF POLITICAL ECONOMICS
2
Preferences and Institutions
2.1
A General Policy Problem
2.2
Restricting Preferences
2.3
Restricting Institutions
2.4
Discussion
2.5
Notes on the Literature
2.6
Problems
3
Electoral Competition
3.1
A Simple Model of Public Finance
3.2
Downsian Electoral Competition
3.3
Median-Voter Equilibria
3.4
Probabilistic Voting
3.5
Lobbying
3.6
Discussion
3.7
Notes on the Literature
3.8
Problems
4
Agency
4.1
Efficient Electoral Competition
4.2
Inefficient Electoral Competition
4.3
Enforceability, Verifiability, and Observability
4.4
Electoral Accountability
4.5
Career Concerns
4.6
Discussion
4.7
Notes on the Literature
4.8
Problems
Xlii
XV
xvii
1
6
10
14
15
19
19
21
28
40
41
41
47
48
49
51
52
58
62
63
64
69
70
71
73
77
81
87
89
91
5
Partisan Politicians
97
5.1
Policy Convergence
97
5.2
Policy Divergence
99
5.3
Endogenous Candidates
101
5.4
Legislative Bargaining
104
5.5
Discussion
108
5.6
Notes on the Literature
109
5.7
Problems
110
II
REDISTRIBUTIVE
POLITICS
115
6
General-Interest Politics
117
6.1
General Transfers
118
6.2
Pensions
123
6.3
Regional Transfers
132
6.4
Unemployment Insurance
140
6.5
Discussion
149
6.6
Notes on the Literature
151
6.7
Problems
154
7
Special-Interest Politics
159
7.1
A Model of Local Public Goods
161
7.2
Legislative Bargaining
164
7.3
Lobbying
171
7.4
Electoral Competition
175
7.5
Interactions
180
7.6
Discussion
191
7.7
Notes on the Literature
192
7.8
Problems
195
III COMPARATIVE POLITICS
201
8
Electoral Rules and Electoral Competition
205
8.1
The Economic Model
206
8.2
The Politics of Electoral Competition
207
8.3
Single-District (Proportional) Elections
210
8.4
Multiple-District (Majoritarian) Elections
212
8.5
Broad versus Targeted Redistribution
215
8.6
Discussion
218
8.7
Notes on the Literature
220
8.8
Problems
221
9
Institutions and Accountability
225
9.1
Electoral Rules and Career Concerns
226
9.2
Electoral Rules and Accountability
234
9.3
Separation of Powers
239
9.4
Notes on the Literature
245
9.5
Problems
246
10
Political Regimes
251
10.1
Policy Choices in a Simple Legislature
253
10.2
Presidential-Congressional Regimes
259
10.3
Parliamentary Regimes
262
10.4
Discussion
266
10.5
Notes on the Literature
268
10.6
Problems
269
IV DYNAMIC POLITICS
275
11
Dynamic Policy Problems
277
11.1
Analyzing Dynamic Policy Games
278
11.2
Examples
286
11.3
Discussion
298
11.4
Notes on the Literature
299
11.5
Problems
300
12
Capital Taxation
305
12.1
A Simple Model of Dynamic Taxation
306
12.2
Credibility
307
12.3
Politics
317
12.4
Tax Competition
325
12.5
Discussion
336
12.6
Notes on the Literature
338
12.7
Problems
339
13
Public
Debt
345
13.1
A
Simple Model of
Public
Debt
346
13.2
The Dynamic Common-Pool Problem
348
13.3
Political Instability
351
13.4
Delayed Stabilizations
361
13.5
Debt and Intergenerational Politics
364
13.6
Discussion
366
13.7
Notes on the Literature
367
13.8
Problems
369
14
Growth
373
14.1
Income Inequality and Growth
374
14.2
Political Instability and Growth
377
14.3
Special Interests, Rents, and Growth
379
14.4
Other Political Determinants of Growth
384
14.5
Discussion
385
14.6
Notes on the Literature
386
14.7
Problems
387
V MONETARY POLITICS
393
15
Credibility of Monetary Policy
397
15.1
A Simple Model of Monetary Policy
397
15.2
Ex Ante Optimality
,. 399
15.3
Credibility
401
15.4
Reputation
405
15.5
Dynamics
408
15.6
Notes on the Literature
412
15.7
Problems
414
16
Electoral Cycles
419
16.1
Career Concerns and Political Business Cycles
420
16.2
Partisan Cycles
426
16.3
Notes on the Literature
430
16.4
Problems
431
17
Institutions and Incentives
435
17.1
Simple Rules and Escape Clauses
436
17.2
Central Bank Independence
441
17.3 Inflation Targets
and Contracts
445
17.4 Notes
on the Literature
452
17.5 Problems 453
18 International
Policy Coordination
459
18.1
A
Simple
Two-Country
Model 460
18.2
Incentives
462
18.3
Institutions
467
18.4
Discussion
473
18.5
Notes on the Literature
474
18.6
Problems
475
19
What Next?
479
19.1
Some Positive Questions
479
19.2
Analytical Issues
483
19.3
Concluding Remarks
488
References
489
Author Index
515
Subject Index
521
What determines the size and form of redistri-
butive programs, the extent and type of public
goods provision, the burden of taxation across
alternative tax bases, the size of government
deficits, and the stance of monetary policy dur¬
ing the course of business and electoral cycles?
A large and rapidly growing literature in political
economics attempts to answer these questions.
But so far there is little consensus on the
answers and disagreement on the appropriate
mode of analysis.
Combining the best of three separate tradi¬
tions—the theory of macroeconomic policy,
public choice, and rational choice in political
science—
Torsten
Persson
and
Guido TabeUini
suggest a unified approach to the field. As in
modern macroeconomics, individual citizens
behave rationally, their preferences over
economic outcomes inducing preferences
over policy. As in public choice, the delegation
of policy decisions to elected representatives
may give rise to agency problems between
voters and politicians. And, as in rational choice,
political institutions shape the procedures for
setting policy and electing politicians. The
authors outline a common method of analysis,
establish several new results, and identify the
main outstanding problems.
|
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| id | DE-604.BV013402909 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T18:45:15Z |
| institution | BVB |
| isbn | 9780262161954 9780262661317 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-009144559 |
| oclc_num | 247519045 |
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| physical | XIX, 533 S. graph. Darst. |
| publishDate | 2000 |
| publishDateSearch | 2000 |
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| publisher | MIT Press |
| record_format | marc |
| series2 | Zeuthen lecture book series |
| spelling | Persson, Torsten 1954- Verfasser (DE-588)128862904 aut Political economics explaining economic policy Torsten Persson and Guido Tabellini Cambridge, Mass. [u.a.] MIT Press 2000 XIX, 533 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Zeuthen lecture book series Hier auch später erschienene, unveränderte Nachdrucke. - Literaturverz. S. [489] - 514 Ökonomische Theorie der Politik (DE-588)4043214-2 gnd rswk-swf Wirtschaftspolitik (DE-588)4066493-4 gnd rswk-swf Politische Ökonomie (DE-588)4115586-5 gnd rswk-swf Ökonomische Theorie der Politik (DE-588)4043214-2 s DE-188 Wirtschaftspolitik (DE-588)4066493-4 s Politische Ökonomie (DE-588)4115586-5 s Tabellini, Guido Enrico 1956- Verfasser (DE-588)123390141 aut Erscheint auch als Online-Ausgabe 978-0-262-30366-8 (DE-604)BV047222803 Erg.-bildet Workbook to accompany Political economics Digitalisierung UB Passau application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009144559&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Passau application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009144559&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
| spellingShingle | Persson, Torsten 1954- Tabellini, Guido Enrico 1956- Political economics explaining economic policy Ökonomische Theorie der Politik (DE-588)4043214-2 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd Politische Ökonomie (DE-588)4115586-5 gnd |
| subject_GND | (DE-588)4043214-2 (DE-588)4066493-4 (DE-588)4115586-5 |
| title | Political economics explaining economic policy |
| title_auth | Political economics explaining economic policy |
| title_exact_search | Political economics explaining economic policy |
| title_full | Political economics explaining economic policy Torsten Persson and Guido Tabellini |
| title_fullStr | Political economics explaining economic policy Torsten Persson and Guido Tabellini |
| title_full_unstemmed | Political economics explaining economic policy Torsten Persson and Guido Tabellini |
| title_short | Political economics |
| title_sort | political economics explaining economic policy |
| title_sub | explaining economic policy |
| topic | Ökonomische Theorie der Politik (DE-588)4043214-2 gnd Wirtschaftspolitik (DE-588)4066493-4 gnd Politische Ökonomie (DE-588)4115586-5 gnd |
| topic_facet | Ökonomische Theorie der Politik Wirtschaftspolitik Politische Ökonomie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009144559&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009144559&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT perssontorsten politicaleconomicsexplainingeconomicpolicy AT tabelliniguidoenrico politicaleconomicsexplainingeconomicpolicy |