Browsing Arbeidsnotater / Working Papers by Subject "political economy"
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Persistent Inefficient Redistribution
(Working Papers;11/2002, Working paper, 2002)Why do governments redistribute through indirect and inefficient means? An intuitive hypothesis is that it masks the real aim and cost of policy. In this paper we construct a dynamic model with an infinite horizon, political ... -
Petro Populism
(Working Papers;6/2012, Working paper, 2012)We aim to explain petro populism - the excessive use of oil revenues to buy political support. To reap the full gains of natural resource income politicians need to remain in office over time. Hence, even a purely rent-seeking ...