We consider the behavior of an incumbent that can deploy local public goods and private goods to buy votes, and is unable to verify vote choice but capable of monitoring voter turnout, a common scenario in secret-ballot polities. As advanced by recent literature, the ability to monitor turnout...

Over the past decade economic activity in the United States has been extremely erratic. The economy has experienced high peaks and deep troughs in the business cycle. The first few years of 1970 were typically characterized by an economic recovery. The middle 1970's have been referred to as a...

Historically investigations of the international mobility of capital have studied rates of return on similar assets denominated in different currencies. Recently, however, efforts directed at ascertaining the degree of international capital mobility have examined the relationship between...

This paper uses cointegration and multicointegration analysis to explore the issue of twin deficits for the USA in the post-World War II period. The results suggest that prior to 1974 the systems of fiscal and foreign sector variables exhibit multicointegration. These results do not rule out...

The eight countries examined in this study—Austria, Belgium, Denmark, Finland, Germany, the Netherlands, Norway, and Sweden—have long been viewed as exemplifying “corporatist†industrial relations systems, in which union coverage is high, unions are influential and...