There is a great deal of concern at the moment about the consequences of rising levels of inequality in North America and Western Europe. Will this lead to an oligarchisation of the political system, and imperil political and social stability? Many find such dynamics puzzling given that it is happening in democratic countries.
Can democracy help with inequality?
Daron Acemoglu, Suresh Naidu, Pascual Restrepo, James A Robinson, 7 February 2014
Why do candidates move along the political spectrum?
Richard Holden, Alberto Alesina, 22 September 2008
The most famous result in political science (Downs 1957) is that in a two candidate electoral race the two contestants should move toward the middle of the political spectrum. More precisely they should propose the policy preferred by the median voter.
From attitudes towards immigration to immigration policy outcomes: Does public opinion rule?
Giovanni Facchini, Anna Maria Mayda , 21 June 2008
Several recent studies (Anderson and Winters 2008, World Bank 2006) have pointed out that substantial gains can be achieved from the liberalisation of international migration flows, both for sending and receiving countries.1
How individual attitudes are mapped into immigration policy outcomes
Giovanni Facchini, Anna Maria Mayda , 27 May 2008
According to recent estimates, about 11 million individuals migrate each year. Although this might look as a large number, it implies that worldwide only one in six hundred individuals changes country of residence over a twelve months period.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
- Debt, deleveraging, and the liquidity trap: A new modelKrugman
Cadot, de Melo, 16 June 2014