A theory of political and economic cycles

DOI10.1016/J.JET.2014.07.004zbMATH Open1309.91099OpenAlexW3123453447MaRDI QIDQ406397FDOQ406397

Pierre Yared, Laurence Ales, Pricila Maziero

Publication date: 8 September 2014

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2014.07.004

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zbMATH Keywords

fiscal policyoptimal taxationpolitical economyasymmetric and private information

Mathematics Subject Classification ID

History, political science (91F10) Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Sustainable plans and debt
• Optimal Lending Contracts and Firm Dynamics
• Large Risks, Limited Liability, and Dynamic Moral Hazard
• Income fluctuation and asymmetric information: An example of a repeated principal-agent problem
• Political Economy of Mechanisms
• Growth in the Shadow of Expropriation *
• A Positive Theory of Fiscal Deficits and Government Debt
• Dynamic Mechanism Design: A Myersonian Approach
• A Continuous-Time Version of the Principal–Agent Problem
• On Efficient Distribution with Private Information
• Non-linear Capital Taxation Without Commitment
• On the long run implications of repeated moral hazard
• Optimal retention in agency problems
• When to fire a CEO: optimal termination in dynamic contracts
• Rotten parents and disciplined children: a politico-economic theory of public expenditure and debt
• Dynamic Mirrlees Taxation under Political Economy Constraints
• Investment Cycles and Sovereign Debt Overhang
• Sustainable Plans and Mutual Default
• A theory of political and economic cycles
• Foreign Direct Investment and the Risk of Expropriation
• The Time Structure of Self-Enforcing Agreements

Cited In (8)

• A theory of political and economic cycles
• Political Cycles and Cyclical Policies
• Cycles and chaos in a socialist economy
• Elections and Macroeconomic Policy Cycles
• Intervention uncertainty, household health, and pandemic
• Political competition in a model of economic growth: Some theoretical results
• Economic fluctuations and fiscal policy in Europe: a political business cycles approach using panel data and clustering (1996--2013)
• Risk sharing contracts with private information and one-sided commitment

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