Population, Policy, and Political Atavism

Political Institutions and Monetary Policy

Susanne Lohmann for data used in an earlier version of the empirical analysis and participants in the Harvard Seminar in Positive Political Economy for useful comments. None of them is implicated in what follows. Abstract The degree to which voters respond to the macro-economy when deciding their vote is known to depend on institutional factors, including whether the government in power is a co...

Political Institutions and Policy Competition

The theme of this year’s WDR is how to structure institutions to bring about an e¤ectively functioning market economy. There is no question that political institutions play a key role here. In most countries political institutions determine the rules of access to considerable discretionary coercive power. Political institutions determine the context in which key functions of government are unde...

Political Parties and Macroeconomic Policy *

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Political Factors in Monetary Policy

Almost all observers agree that in some sense political factors matter in the conduct of monetary policy. There is much less agreement as to which political factors are most important, or as to exactly how those factors influence monetary policy. In this essay, I will advance a rudimentary typology of political factors that have been of interest to students of the conduct of economic policy. I ...

Iranian Population Policy and Aging: New Health Concerns