British Idealism, German Philosophy, and the First World War
In: The Australian journal of politics and history: AJPH, Band 28, Heft 3, S. 380
ISSN: 0004-9522
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In: The Australian journal of politics and history: AJPH, Band 28, Heft 3, S. 380
ISSN: 0004-9522
World Affairs Online
In: Smithsonian history of aviation history
In: The journal of military history, Band 72, Heft 4, S. 1324-1324
ISSN: 1543-7795
In: The journal of military history, Band 72, Heft 4, S. 1324
ISSN: 0899-3718
In: The journal of military history, Band 69, Heft 3, S. 881-881
ISSN: 1543-7795
In: The journal of military history, Band 69, Heft 3, S. 881
ISSN: 0899-3718
World Affairs Online
In: Journal of political economy, Band 127, Heft 1, S. 196-232
ISSN: 1537-534X
In: Research in economics: Ricerche economiche, Band 71, Heft 4, S. 718-728
ISSN: 1090-9451
The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, possibly non-concave income processes. Under full information, the model implies support for redistributive policies materializes rapidly if few prospects of upward mobility are present. In contrast, modeling voters' evolving beliefs about an unknown income dynamic process shows a slow and polarizing shift toward redistributive preferences. Simulation using fitted income dynamics suggests that this imperfect information perspective accounts for Latin America's right-to-left political shift, and offers additional insights about political dynamics in the face of economic polarization.
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In: NBER Working Paper No. w19498
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