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We analyze support for EU membership as expressed in voting patterns in the candidate countries' referenda on EU membership, using regional referendum results and individual survey data on voting intentions. We find that favorable individual and regional characteristics are positively correlated...
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I formulate a political-economy model of a fiscal union where the threat of secession imposes a limit on fiscal redistribution between regions. I argue that the trade-off between implementing the region's preferred fiscal policy and benefiting from inter-regional risk sharing depends on the...
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This paper analyzes the political economy of the reform process theoretically and empirically. Building on the framework developed by Rodrik [1995], a two-sector model of a transition economy is constructed. This model is then used to study the dynamics of political support for the reforms. The...
Persistent link: https://www.econbiz.de/10014102460
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10013109753
We investigate the relationship between unemployment and growth in China. We find considerable differences in the nature of this relationship across Chinese regions. We argue that this may reflect the different progress in transition across regions, in line with the Aghion-Blanchard model of...
Persistent link: https://www.econbiz.de/10013075132