Amvik eBook Solutions

In this paper, we study the impact of fragmented politics on public debt—in particular, between two consecutive legislative elections. Using data for 92 advan

This book analyzes public debt from a political, historical, and global perspective. It demonstrates that public debt has been a defining feature in the constru

This paper develops a political-economic model of fiscal policy - one in which government resources are a common property' out of which interest groups can fina

Two main themes of the book are that (1) politics can distort optimal fiscal policy through elections and through political fragmentation, and (2) rules and ins