Scholarly Works - Scholarly editions
Scholarly edition
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2015
This paper argues for the central role of risk aversion in shaping political ideology. We develop a political economy model, which makes explicit the link between risk aversion, the labor market, government policy, and ideology. Our model distinguishes the ...
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Scholarly edition
Recent research has documented that lawmakers are more responsive to the views of the affluent than to the less well-off. This raises the important question of whether there are institutions that can limit unequal representation. We argue that labor unions ...
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