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040 _aBR-BrENAP
_bPt_BR
041 _aeng
090 _a338.9
_bP4679p
100 1 _aPersson, Torsten
_968085
245 1 0 _aPolitical economics :
_bexplaining economic policy /
_cpor Torsten Persson and Guido Tabellini. --
260 _aCambridge,
_aMassachusetts :
_bMIT Press,
_c2000.
300 _axix, 533 p. :
_bil.
504 _aInclui bibliografia e índice.
505 _t1 General Introduction
_t1.1 Economic Policy
_t1.2 Politics
_t1.2 Politics
_tI TOOLS OF POLITICAL ECONOMICS
_t2 Preferences and Institutions
_t2.1 A General Policy Problem
_t2.2 Restricting Preferences
_t2.3 Restricting Institutions
_t2.4 Discussion
_t2.5 Notes on the Literature
_t2.6 Problems
_t3 Electoral Competition
_t3.1 A Simple Model of Public Finance
_t3.2 Downsian Electoral Competition
_t3.3 Median-Voter Equilibria
_t3.4 Probabilistic Voting
_t3.5 Lobbying
_t3.6 Discussion
_t3.7 Notes on the Literature
_t3.8 Problems
_t4 Agency
_t4.1 Efficient Electoral Competition
_t4.2 Inefficient Electoral Competition
_t4.3 Enforceability, Verifiability, and Observability
_t4.4 Electoral Accountability
_t4.5 Career Concerns
_t4.6 Discussion
_t4.7 Notes on the Literature
_t4.8 Problems
_t5 Partisan Politicians
_t5.1 Policy Convergence
_t5.2 Policy Divergence
_t5.3 Endogenous Candidates
_t5.4 Legislative Bargaining
_t5.5 Discussion
_t5.6 Notes on the Literature
_t5.7 Problems
_tII REDISTRIBUTIVE POLITICS
_t6 General-Interest Politics
_t6.1 General Transfers
_t6.2 Pensions
_t6.3 Regional Transfers
_t6.4 Unemployment Insurance
_t6.5 Discussion
_t6.6 Notes on the Literature
_t6.7 Problems
_t7 Special-Interest Politics
_t7.1 A Model of Local Public Goods
_t7.2 Legislative Bargaining
_t7.3 Lobbying
_t7.4 Electoral Competition
_t7.5 Interactions
_t7.6 Discussion
_t7.7 Notes on the Literature
_t7.8 Problems
_tIII COMPARATIVE POLITICS
_t8 Electoral Rules and Electoral Competition
_t8.1 The Economic Model
_t8.2 The Politics of Electoral Competition
_t8.3 Single-District (Proportional) Elections
_t8.4 Multiple-District (Majoritarian) Elections
_t8.5 Broad versus Targeted Redistribution
_t8.6 Discussion
_t8.7 Notes on the Literature
_t8.8 Problems
_t9 Institutions and Accountability
_t9.1 Electoral Rules and Career Concerns
_t9.2 Electoral Rules and Accountability
_t9.3 Separation of Powers
_t9.4 Notes on the Literature
_t9.5 Problems
_t10 Political Regimes
_t10.1 Policy Choices in a Simple Legislature
_t10.2 Presidential-Congressional Regimes
_t10.3 Parliamentary Regimes
_t10.4 Discussion
_t10.5 Notes on the Literature
_t10.6 Problems
_tIV DYNAMIC POLITICS
_t11 Dynamic Policy Problems
_t11.1 Analyzing Dynamic Policy Games
_t11.2 Examples
_t11.3 Discussion
_t11.4 Notes on the Literature
_t11.5 Problems
_t12 Capital Taxation
_t12.1 A Simple Model of Dynamic Taxation
_t12.2 Credibility
_t12.3 Politics
_t12.4 Tax Competition
_t12.5 Discussion
_t12.6 Notes on the Literature
_t12.7 Problems
_t13 Public Debt
_t13.1 A Simple Model of Public Debt
_t13.2 The Dynamic Common-Pool Problem
_t13.3 Political Instability
_t13.4 Delayed Stabilizations
_t13.5 Debt and Intergenerational Politics
_t13.6 Discussion
_t13.7 Notes on the Literature
_t13.8 Problems
_t14 Growth
_t14.1 Income Inequality and Growth
_t14.2 Political Instability and Growth
_t14.3 Special Interests, Rents, and Growth
_t14.4 Other Political Determinants of Growth
_t14.5 Discussion
_t14.6 Notes on the Literature
_t14.7 Problems
_tV MONETARY POLITICS
_t15 Credibility of Monetary Policy
_t15.1 A Simple Model of Monetary Policy
_t15.2 Ex Ante Optimality
_t15.3 Credibility
_t15.4 Reputation
_t15.5 Dynamics
_t15.6 Notes on the Literature
_t15.7 Problems
_t16 Electoral Cycles
_t16.1 Career Concerns and Political Business Cycles
_t16.2 Partisan Cycles
_t16.3 Notes on the Literature
_t16.4 Problems
_t17 Institutions and Incentives
_t17.1 Simple Rules and Escape Clauses
_t17.2 Central Bank Independence
_t17.3 Inflation Targets and Contracts
_t17.4 Notes on the Literature
_t17.5 Problems
_t18 International Policy Coordination
_t18.1 A Simple Two-Country Model
_t18.2 Incentives
_t18.3 Institutions
_t18.4 Discussion
_t18.5 Notes on the Literature
_t18.6 Problems
_t19 What Next?
_t19.1 Some Positive Ouestions
_t19.2 Analytical Issues
_t19.3 Concluding Remarks
_tReferences
_tAuthor Index
_tSubiect Index
520 _aWhat 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.
650 0 _aEconomic policy.
700 1 _aTabellini, Guido
_968086
909 _a042023
_bVítor
942 _cG