Markov Perfect Political Equilibria with Public Policy: The Role of Education Cost
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More about this item
Keywords
Markov perfect equilibrium; Dynamic political economy; Public policy; Education cost;All these keywords.
JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2007-08-27 (Dynamic General Equilibrium)
- NEP-EDU-2007-08-27 (Education)
- NEP-MAC-2007-08-27 (Macroeconomics)
- NEP-POL-2007-08-27 (Positive Political Economics)
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