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Political Economics

In this subdiscipline: 2,630 papers
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  1. This paper is concerned with those actions of business firms which have harmful effects on others. The standard example is that of a factory the smoke from which has harmful effects on those occupying neighboring properties. The economic analysis of…
  2. We study the competition between two political parties for seats\nin a legislature. The parties have fixed positions on some issues,\nbut vary their positions on others in order to attract votes and\ncampaign contributions. In this context, we…
  3. Contents: Volume I Acknowledgements Introduction Jonathan Macey PART I THE FOUNDATIONS OF THE ECONOMICS OF CORPORATE LAW 1. R.H. Coase (1937), The Nature of the Firm 2. Michael C. Jensen and William H. Meckling (1976), Theory of the Firm: Managerial…
  4. We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and human capital accumulation lead to institutional improvement. We find that most indicators of institutional quality used to…

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