Saint-Paul, Gilles - In: Journal of the Finnish Economic Association : JFEA 1 (2020) 1, pp. 2-24
lower fraction of the costs of the crisis, while benefitting from the short-run gains associated with those policies, such …), based on the assumption that in a crisis, not everybody can access his or her entitlement to publicly provided goods, a … likelihood of a crisis raises the level of public spending. Next, I consider the choice between electing a “populist” who reneges …
