| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5068366 | European Journal of Political Economy | 2007 | 11 Pages |
Abstract
In a political economy model, the effect of political polarisation on a government's intertemporal choice between redistribution and public investment is shown to be similar to the effect of political uncertainty. Moreover, polarisation and uncertainty reinforce one another in their impact on public underinvestment and may ultimately lead to no investment at all.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Frank Bohn,