Search
Now showing items 1-4 of 4
Implications of the ‘Bread and Peace’ Model for the 2008 US Presidential Election
(CEFOS, 2008)
Presidential election outcomes are well explained by just two objectively measured fundamental determinants: (1) weighted-average growth of per capita real personal disposable income over the term, and (2) cumulative US ...
Tax Toleration and Tax Evasion: Why Firms Enter the Unofficial Economy
(2005)
In this paper we propose a model of how institutional benefits, taxation and government regulations affect the propensity of private firms to enter the unofficial economy. A central implication of the model is that ...
Voting and the Macroeconomy
(2005)
The Economy, the War in Iraq and the 2004 Presidential Election
(2006)
In this paper I apply the Bread and Peace model of voting in US presidential elections to analyze the sources of George W. Bush’s narrow re-election victory in 2004. The aggregate election outcome is readily explained by ...