de Travail du Centre d ’ Economie de la Sorbonne
نویسندگان
چکیده
This paper examines the influence of political ideology on economic growth in the French democracy since 1871. It does so by addressing three main issues: the property and the reliability of a political ideology index in the long-run, the robustness of the relationship between ideology and growth and the specific channels through which political ideology affects economic performance. The main conclusion is that, compared with right-wing parties in power, left-wing governments have promoted equity at the expense of economic growth. It also appears that the main channel through which political ideology has impacted economic performance all along the French democratic experience is the budgetary tool (i.e. fiscal and redistributive policies) which influenced employment and income inequalities. By contrast, there seems to be less or even no empirical support for explanations based on the monetary policy or regulation, such as trade policies or the labor market regulation.
منابع مشابه
de Travail du Centre d ’ Economie de la Sorbonne Decision theory under uncertainty
We review recent advances in the field of decision making under uncertainty or ambiguity.
متن کاملde Travail du Centre d ’ Economie de la Sorbonne Guilbaud ’ s Theorem : An early contribution to judgment aggregation Daniel ECKERT , Bernard MONJARDET 2009
In a paper published in 1952 the French mathematician Georges-Théodule Guilbaud has generalized Arrows impossibility result to the "logical problem of aggregation", thus anticipating the literature on abstract aggregation theory and judgment aggregation. We reconstruct the proof of Guilbauds theorem, which is also of technical interest, because it can be seen as the rst use of ultra lters in...
متن کاملde Travail du Centre d ’ Economie de la Sorbonne Guilbaud ’ s Theorem : An early contribution to judgment aggregation
In a paper published in 1952 the French mathematician Georges-Théodule Guilbaud has generalized Arrows impossibility result to the "logical problem of aggregation", thus anticipating the literature on abstract aggregation theory and judgment aggregation. We reconstruct the proof of Guilbauds theorem, which is also of technical interest, because it can be seen as the rst use of ultra lters in...
متن کاملde Travail du Centre d ’ Economie de la Sorbonne
We establish that an exchange economy, i.e., preferences and endowments, that generates a given aggregate excess demand (AED) function is close to the economy generating the AED obtained by an arbitrary perturbation of the original one.
متن کاملde Travail du Centre d ’ Economie de la Sorbonne On the value of randomization
An optimal contract may involve randomization when the agents differ in their attitudes towards risk, so that randomization enables the principal to relax the incentive constraints. The paper provides a necessary and sufficient condition for local random deviations to be welfare improving in a neighborhood of a nonrandom optimum. JEL classification numbers: H21, H23, H26.
متن کاملde Travail du Centre d ’ Economie de la Sorbonne Optimal Tax Base with Administrative Fixed Costs
This note characterizes the optimal base for commodity taxation in the presence of administrative fixed costs varying across goods. For low tax rates, the optimal base comprises all commodities whose discouragement index is greater than the ratio of their administrative costs to the tax they yield. JEL classification numbers: H21. Mots-clés : Taxation indirecte, TVA, assiette fiscale, coûts de ...
متن کامل