文档介绍:Persson Persson-FM May 22, 2000 14:17
Political Economics
I
Persson Persson-FM May 22, 2000 14:17
Zeuthen Lecture Book Series
Karl Gunnar Persson, editor
Modeling Bounded Rationality
Ariel Rubinstein
Forecasting Non-stationary Economic Time Series
Michael P. Clements and David F. Hendry
Political Economics: Explaining Economic Policy
Torsten Persson and Guido Tabellini
II
Persson Persson-FM May 22, 2000 14:17
Political Economics
Explaining Economic Policy
Torsten Persson and Guido Tabellini
The MIT Press
Cambridge, Massachusetts
London, England
III
Persson Persson-FM May 22, 2000 14:17
c 2000 Massachusetts Institute of Technology
All rights reserved. No part of this book may be reproduced in any form by any electronic or mechanical means
(including photocopying, recording, or information storage and retrieval) without permission in writing from the
publisher.
This book was set in Times Roman by position Corporation.
Printed and bound in the United States of America.
Library of Congress Cataloging-in-Publication Data
Persson, Torsten.
Political economics : explaining economic policy / Torsten Persson and Guido Tabellini.
p. cm. —(Zeuthen lecture book series)
Includes bibliographical references and index.
ISBN 0-262-16195-8 (hc)
1. Economic policy. I. Tabellini, Guido Enrico, 1956– II. Title. III. Series.
2000 00-028245
—dc21
IV
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To Christina, Johanna, Jenny, and Julia
To Giovanna, Marco, and Anna
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VI
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Contents
Series Foreword xiii
Foreword xv
Preface xvii
1 General Introduction 1
Economic Policy 6
Politics 10
Concluding Remarks 14
I TOOLS OF POLITICAL ECONOMICS 15
2 Preferences and Institutions 19
A General Policy Problem 19
Restricting Preferences 21
Restricting Institutions 28
Discussion 40
Notes