Political economics : explaining economic policy

書誌事項

Political economics : explaining economic policy

Torsten Persson and Guido Tabellini

(Zeuthen lecture book series / Karl Gunnar Persson, editor)

MIT Press, c2000

  • : hc
  • : pbk

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注記

Includes bibliographical references (p. [489]-514) and indexes

内容説明・目次

巻冊次

: hc ISBN 9780262161954

内容説明

What determines the size and form of redistributive 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 during 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 traditions -- the theory of macroeconomic policy, public choice, and rational choice in political science -- Torsten Persson and Guido Tabellini 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.
巻冊次

: pbk ISBN 9780262661317

内容説明

What determines the size and form of redistributive 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 during 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 traditions-the theory of macroeconomic policy, public choice, and rational choice in political science-Torsten Persson and Guido Tabellini 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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詳細情報

  • NII書誌ID(NCID)
    BA48181611
  • ISBN
    • 0262161958
    • 9780262661317
  • LCCN
    00028245
  • 出版国コード
    us
  • タイトル言語コード
    eng
  • 本文言語コード
    eng
  • 出版地
    Cambridge, Mass. ; London
  • ページ数/冊数
    xix, 533 p.
  • 大きさ
    23-24 cm
  • 分類
  • 件名
  • 親書誌ID
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