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In this paper we construct a Ricardian model of trade in vertically-differentiated products between a developing country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in addition to income taxes) have distributional consequences...
Persistent link: https://www.econbiz.de/10002757774
In this paper we construct a Ricardian model of trade in vertically-differentiated products between a developing country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in addition to income taxes) have distributional consequences...
Persistent link: https://www.econbiz.de/10002834296
I propose a framework in which individual political participation is endogenous and can take two distinct forms, voting and contributing resources to campaigns, in a context in which the negligible impact of any individual's actions on aggregate outcomes is fully recognized by all agents. I then...
Persistent link: https://www.econbiz.de/10014223724
In modern politics, the left-right divide has served as a political schema classifying ideologies that has allowed parties to communicate with voters and the latter to orient themselves in a complex political world. Although the left-right scale has been the most extensive instrument used to...
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