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Domestic Politics of International Financial Rescues: Congressional Voting on Bailouts in the 1990s
by Broz, J. Lawrence
In the 1990s, the American Executive organized financial rescues of Mexico and several Asian economies. These rescues ("bailouts" to detractors) were controversial in Congress, where...
Publication Type: Conference Paper-WCFIA Conference
Published Date: November 2002 More
After the Big Bang? Obstacles to the Emergence of Rule of Law in Post-Communist Societies
by Karla Hoff and Joseph Stiglitz
When Russia launched mass privatization, it was widely believed that it would create a powerful constituency for the rule of law. That didn?t happen. We present a dynamic equilibrium model of the...
Publication Type: Conference Paper-WCFIA Conference
Published Date: October 2002 More
Partisanship and Trade Policy: Is There a Left-Right Divide on Trade Policy?
by Milner, Helen V.; Judkins, Benjamin
Is there a noticeable difference among political parties in a country in their trade policy positions? Do left parties advocate different trade policies than right parties? In the advanced...
Publication Type: Conference Paper-WCFIA Conference
Published Date: August 2002 More
Privatization, Institutions and Performance: Telecommunications in Africa
by Roger Noll and Mary Shirley
Nearly all of Sub–Saharan Africa is extremely poor. While a few countries in Asia, Latin America and Oceania are comparably poor, no other region has as many poor people and undeveloped countries....
Publication Type: Conference Paper-WCFIA Conference
Published Date: June 2002 More
Does Democracy Engender Equality?
by John E. Roemer
Many suppose that democracy is an ethos which requires, inter alia, a degree of economic equality among citizens. In contrast, we conceive of democracy as ruthless electoral competition between...
Publication Type: Conference Paper-WCFIA Conference
Published Date: May 2002 More
The Institutional Foundations of Public Policy: A Transactions Approach with Application to Argentina
by Pablo Spiller and Mariano Tommasi
Public policies are the outcomes of complex intertemporal exchanges among politicians. The political institutions of a country constitute the framework within which these transactions are...
Publication Type: Conference Paper-WCFIA Conference
Published Date: May 2002 More
Accountability and Political Competition: Theory and Evidence
by Tim Besley and Ian Preston
One of the central issues in political economy concerns how to create a form of government that responds to voters needs. The preconditions for achieving this are widely debated. Recent interest has...
Publication Type: Conference Paper-WCFIA Conference
Published Date: May 2002 More
Why Doesn't the United States Have a European-Style Welfare State?
by Alesina, Alberto; Glaeser, Edward; Sacerdote, Bruce
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...
Publication Type: Conference Paper-WCFIA Conference
Published Date: November 2001 More
Majoritarian Electoral Systems and Consumer Power: Price-Level Evidence from the OECD Countries
by Ronald Rogowski and Mark Andreas Kayser
A straightforward extension of the standard Stigler–Peltzman model of regulation, coupled with the Taagepera–Shugart analysis of electoral–system effects, suggests: (a) that the greater the...
Publication Type: Conference Paper-WCFIA Conference
Published Date: October 2001 More
Banking Crises and the Effect of Political Checks and Balances on Special Interest Influence
by Philip Keefer
This paper — a revision of an earlier draft that was entitled "When Do Special Interests Run Rampant? Disentangling the Role of Elections, Incomplete Information and Checks and Balances in...
Publication Type: Conference Paper-WCFIA Conference
Published Date: October 2001 More