Leopardi politico e il Risorgimento

Politico - Economic Equilibrium Andeconomic

Elections , Capital Flows , and Politico Economic Equilibria

We study an open economy where a pro labor and a pro business candidate compete in an election. The winner chooses taxes, which affect investment returns. Electoral outcomes depend on the size of the foreign debt, but the debt itself reflects expectations about the election. The resulting interaction is novel and has several implications. Elections are associated with increased volatility. Poli...

I pidocchi e il Granduca

detail exactly how sparse medical care was in Scotland. Even if it were available, the authors show that the stringency of the Scottish Poor Law may have denied access to it. One of their tables (9.B) "shows how much was actually spent on doctors per head of the population on the poor roll. The Scottish average was £0.0 154, or no more than 3.d per pauper per year in the old money" (p. 217). Th...

Giuseppe Tomasi di Lampedusa: Storia e Tempo ne "Il Gattopardo"

La personalità di Giuseppe Tomasi di Lampedusa, così come la sua opera , sfuggono ad una convenzionale catalogazione. Erede di una antichissima famiglia dell'aristocrazia siciliana, sposato alla psicoanalista lettone Licy Wolff a sua volta discendente di un importante casato baltico,  raffinato conoscitore della letteratura inglese e francese, lo scrittore è di fatto un outsider  nel panorama s...

WORKING PAPERS A Dynamic Politico-Economic Model of Intergenerational Contracts

This paper proposes a dynamic politico-economic theory of intergenerational contracts, whose driving force is the intergenerational conflict over government spending. Embedding a repeated probabilistic voting setup in a standard OLG model with human capital accumulation, we find that the empowerment of elderly constituencies is key in order to enforce productive policies. The paper characterize...