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Are individual policy preferences exogenous or are they endogenous to political regimes ? We focus on tastes for public social policies that entail redistribution and that in fact differ signif- icantly across countries .
Are individual policy preferences exogenous or are they endogenous to political regimes ? We focus on tastes for public social policies that entail redistribution and that in fact differ signif- icantly across countries .
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However , even after controlling for this economic effect , the effect of Communism on intrinsic preferences is large and significant . We also investigate why former East Germans are more likely to favor state intervention ( beside the ...
However , even after controlling for this economic effect , the effect of Communism on intrinsic preferences is large and significant . We also investigate why former East Germans are more likely to favor state intervention ( beside the ...
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distributions of preferences for state interven- tion were identical in East and West before 1945 , but migration after 1945 was largely driven by these preferences , then this could explain why we would observe stronger preferences for ...
distributions of preferences for state interven- tion were identical in East and West before 1945 , but migration after 1945 was largely driven by these preferences , then this could explain why we would observe stronger preferences for ...
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EDMUND S PHELPS | 541 |
O 2 0 2007 | 713 |
ALMA COHEN AND LIRAN EINAV | 745 |
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agents aggregate American Economic Review analysis assets assume assumption average behavior benchmark Beveridge curve business cycles candidates capital changes choice coefficient cointegration consumer consumption contracts correlation cost of business countercyclical deductible degree distributions distribution durables effect empirical equation equilibrium estimated exchange expected Figure firms function given growth HIP model households implies impulse responses income increase individuals inflation inventory investment investment rate Journal of Economics labor market loss aversion marginal likelihood matching Matthew Rabin ment Michael Woodford monetary policy nodes nomic observed optimal output pairs paper parameters patients percent policy shock post.com preferences procyclical production Proposition random regime relative response risk aversion sample Section sector Shapley value side payments simulations sticky prices stochastic Table theory tion tradable unemployment utility variables variance volatility vouchers wage workers Yangzi Delta