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State Spaces

Timothy Besley and Torsten Persson

in Pillars of Prosperity: The Political Economics of Development Clusters

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691152684
eISBN:
9781400840526
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691152684.003.0005
Subject:
Economics and Finance, History of Economic Thought

This chapter summarizes the lessons from Chapter 4 in the form of a function that describes endogenous political turnover. This preliminary allows us to study equilibrium investments in fiscal and ... More


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