In this this timely study of the different approaches of America and Europe to the problems of domestic inequality and poverty, the authors describe just how different the two continents are in the level of State engagement in the redistribution of income. They discuss various possible economic explanations for the difference, including different levels of pre-tax income, openness, and social mobility; they survey politico-historical differences such as the varying physical size of nations, their electoral and legal systems, and the character of their political parties, as well as their experiences of war; and they examine sociological explanations which include different attitudes to the poor and notions of social responsibility, as well as, most importantly, attitudes to race.

Fighting Poverty in the US and Europe: A World of Difference (Check Info and Delete This Occurrence: ºC the Rodolfo De Benedetti Lecture Series)

Business & Money

ALESINA, Alberto

Glaeser, Edward L.

Economics

Oxford University Press

In this timely study of the different approaches of America and Europe to the problems of domestic inequality and poverty, the authors describe just how different the two continents are in the level of State engagement in the redistribution of income. They discuss various possible economic explanations for the difference, including different levels of pre-tax income, openness, and social mobility; they survey politico-historical differences such as the varying physical size of nations, their electoral and legal systems, and the character of their political parties, as well as their experiences of war; and they examine sociological explanations which include different attitudes to the poor and notions of social responsibility, as well as, most importantly, attitudes to race.

FIGHTING POVERTY US & EUROPE RBL:NCS P: A World of Difference (The Rodolfo De Benedetti Lecture Series) (The ^ARodolfo De Benedetti Lecture Series)

Book by Alesina, Alberto, Roubini, Nouriel, Cohen, Gerald D.

Political Cycles and the Macroeconomy

Roubini, Nouriel

Cohen, Gerald D.

Mit Pr

The authors of this timely and provocative book use the tools of economic analysis to examine the formation and change of political borders. They argue that while these issues have always been at the core of historical analysis, international economists have tended to regard the size of a country as "exogenous," or no more subject to explanation than the location of a mountain range or the course of a river. Alesina and Spolaore consider a country's borders to be subject to the same analysis as any other man-made institution. In The Size of Nations, they argue that the optimal size of a country is determined by a cost-benefit trade-off between the benefits of size and the costs of heterogeneity. In a large country, per capita costs may be low, but the heterogeneous preferences of a large population make it hard to deliver services and formulate policy. Smaller countries may find it easier to respond to citizen preferences in a democratic way. Alesina and Spolaore substantiate their analysis with simple analytical models that show how the patterns of globalization, international conflict, and democratization of the last two hundred years can explain patterns of state formation. Their aim is not only "normative" but also "positive" -- that is, not only to compute the optimal size of a state in theory but also to explain the phenomenon of country size in reality. They argue that the complexity of real world conditions does not preclude a systematic analysis, and that such an analysis, synthesizing economics, political science, and history, can help us understand real world events.

The Size of Nations

Spolaore, Enrico

The relationship between political and economic cycles is one of the most widely studied topics in political economics. This book examines how electoral laws, the timing of elections, the ideological orientation of governments, and the nature of competition between political parties influence unemployment, economic growth, inflation, and monetary and fiscal policy. The book presents both a thorough overview of the theoretical literature and a vast amount of empirical evidence. A common belief is that voters reward incumbents who artificially create favorable conditions before an election, even though the economy may take a turn for the worse immediately thereafter. The authors argue that the dynamics of political cycles are far more complex. In their review of the main theoretical approaches to the issues, they demonstrate the multifaceted relationships between macroeconomic and political policies. They also present a broad range of empirical data, from the United States as well as O.E.C.D. countries. One of their most striking findings is that the United States is not exceptional; the relationships between political and economic cycles are remarkably similar in other democracies, particularly those with two-party systems.

MIT Press]

This book develops an integrated approach to understanding the American economy and national elections. Economic policy is generally seen as the result of a compromise between the President and Congress. Because Democrats and Republicans usually maintain polarised preferences on policy, middle-of-the-road voters seek to balance the President by reinforcing in Congress the party not holding the White House. This balancing leads, always, to relatively moderate policies and, frequently, to divided government. The authors outline the rational partisan business cycle, where Republican administrations begin with recessions, and Democratic ones with expansions, and the midterm cycle, where the President's party loses votes in the midterm congressional election. The book argues that both cycles are the result of uncertainty about the outcome of presidential elections. Other topics covered include retrospective voting on the economy, coat-tails, and incumbency advantage.

Partisan Politics, Divided Government, and the Economy (Political Economy of Institutions and Decisions)

Rosenthal, Howard

Cambridge University Press

This book explores how the political process in the United States influences the economy and how economic conditions influence electoral results. It explains how the interaction between the President and Congress lead to the formulation of macroeconomic policy and how the American voters achieve moderation by balancing the two institutions. Fluctuations in economic growth are shown to depend on the results of elections and, conversely, electoral results to depend on the state of the economy. The final chapter of the book establishes striking similarities between the American political economy and other industrial democracies.

History

This book explores how the political process in the United States influences the economy and how economic conditions influence electoral results. It explains how the interaction between the President and Congress lead to the formulation of macroeconomic policy and how the American voters achieve moderation by balancing the two institutions. Fluctuations in economic growth are shown to depend on the results of elections and, conversely, electoral results to depend on the state of the economy. The final chapter of the book establishes striking similarities between the American political economy and other industrial democracies.

A timely and incisive look at austerity measures that succeed―and those that don’tFiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. In this masterful book, three of today’s leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many.Looking at thousands of fiscal measures adopted by sixteen advanced economies since the late 1970s, Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt. It shows that spending cuts have much smaller costs in terms of output losses than tax increases. Spending cuts can sometimes be associated with output gains in the case of expansionary austerity and are much more successful than tax increases at reducing the growth of debt. The authors also show that austerity is not necessarily the kiss of death for political careers as is often believed, and provide new insights into the recent cases of European austerity after the financial crisis.Bringing needed clarity to one of today’s most challenging subjects, Austerity charts a sensible approach based on data analysis rather than ideology.

Austerity: When It Works and When It Doesn't

Giavazzi, Francesco

Favero, Carlo

Princeton University Press

Review\n"An extremely important book."―Martin Wolf, Financial Times\n"A towering scholarly achievement."―Kenneth Rogoff, Project Syndicate\n"Impressive. . . . Compelling."―Ferdinando Giugliano, Bloomberg Opinion\n"Austerity is a superb guidebook for policymakers and academic researchers alike. Drawing on the latest academic research and policy experiments, it provides an encyclopedic account of the likely effects of fiscal consolidations on economic outcomes and how those effects might vary according to circumstances."―Valerie A. Ramey, University of California, San Diego\n"An important work for economists, policymakers, politicians, and engaged citizens. . . . One of the clearest and best researched treatments of fiscal policy available."―Milton Ezrati, City Journal\nA revealing look at austerity measures that succeed―and those that don't\nFiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. Bringing needed clarity to one of today's most challenging economic issues, three leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt, shows that austerity is not necessarily the kiss of death for political careers as is often believed, and charts a sensible approach based on data analysis rather than ideology.

See the best price to sell, buy, or rent books by ALESINA, Alberto. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by ALESINA, Alberto

See the best price to sell, buy, or rent books by ALESINA, Alberto. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Fighting Poverty in the US and Europe: A World of Difference (Check Info and Delete This Occurrence: ºC the Rodolfo De Benedetti Lecture Series)

FIGHTING POVERTY US & EUROPE RBL:NCS P: A World of Difference (The Rodolfo De Benedetti Lecture Series) (The ^ARodolfo De Benedetti Lecture Series)

Political Cycles and the Macroeconomy

The Size of Nations

Political Cycles and the Macroeconomy

Partisan Politics, Divided Government, and the Economy (Political Economy of Institutions and Decisions)

Partisan Politics, Divided Government, and the Economy (Political Economy of Institutions and Decisions)

Partisan Politics, Divided Government, and the Economy (Political Economy of Institutions and Decisions)

Austerity: When It Works and When It Doesn't

Austerity: When It Works and When It Doesn't