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This paper examines the economic consequences of political conflicts that arise when countries implement capital controls. In an overlapping-generations model, agents vote on whether to open or close ...
This article examines the impact of the Basel II agreement on fiscal and monetary policy. Basel II is an international banking accord that set standards for bank regulation. If it is successful in pre...
This paper argues that the study of policy incidence in industrial organization needs to take the endogeneity of government into account. The point is made by investigating whether political conside...
In this paper we empirically test the simultaneity between the effects and the determinants of price regulation in the U.S. mobile telecommunications industry. We find that the regulatory regime is ...
This paper outlines a method of studying administrative reform in nation-states through a focus upon the role and function of policy transfer structured by concepts of power derived from international...
This paper pulls together some developments evolving in the Asia Pacific region. At the broadest level, the region has to heed the competition and dynamics unleashed by globalisation, new technologies...
Since the mid-1930s state and local governments have issued taxexemptindustrial revenue bonds” (IRBs) to finance selected business enterprises. The original argument for the creation of IRB tax e...
Excuse me for taking the tea along. My voice is a bit rasping today, so if I had to sing I would call it off. I am so grateful to the Cato Institute for giving me a chance to speak, because I love m...
It takes a perceptive mind to find logic in US, trade policy. Our steel import policy destroys 50 jobs in the rest of the economy for each one saved in the steel industry. Restrictions on auto impor...
The outstanding level of external debt of non-oil developing countries raises problems of collective action on the part of lenders. To begin with, there is the issue ofthe appropriate action to ensu...
The phrase “national industrial policy” (NIP) can he viewed as a euphemism for national economic planning and an expanded welfare state.’ This can hc seen by examining some of the NIP proposals, wh...
Introduction A public commitment to the work ethic and work requirements in public assistance programs is nothing new. Beginning with the parish workhouses of Elizabethan England, the history of we...
Although the relationship is certainly controversial, acid rain is a story about sulfur dioxide (SO2).’ The story begins with fossil fuel. Combustion in fossil fuel-fired power plants and chemical p...
Ideas about political economy, like other products of human culture, are liable to being profoundly influenced by underlying conceptions ofthe nature of science. Socialist political economy was not ...
THE POLITICAL ECONOMY OF STATUTORY DEADLINES。

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