Publisher Summary This chapter discusses the political economy of trade policy. In principle,
a political-economy model of trade policy must have four elements. Much of the trade theory …

This paper surveys recent evidence suggesting that market‐oriented institutions and policies
are strongly related to economic growth, focusing on studies using the economic freedom …

The ambition and effectiveness of climate policies will be essential in determining
greenhouse gas emissions and, as a consequence, the scale of climate change impacts …

The book takes a broad view of the subject matter of acroeconomics. A substantial portion of
the book is devoted to economic growth, and separate chapters are devoted to the natural …

The second edition of Corruption and Government updates Susan Rose-Ackerman's 1999
book to address emerging issues and to rethink old questions in light of new data. The book …

It is widely believed that current disparities in economic, political, and social outcomes reflect
distinct institutions. Institutions are invoked to explain why some countries are rich and …

We analyze how changes in government policy affect stock prices. Our general equilibrium
model features uncertainty about government policy and a government whose decisions …

Using the news-based measure of Baker et al.[Baker SR, Bloom N, Davis SJ (2013)
Measuring economic policy uncertainty. Working paper, Stanford University, Stanford, CA] to …

The greatest obstacle to sound economic policy is not entrenched special interests or
rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases …

Does democracy in the political realm foster or hinder economic growth? Our discussion of
this question begins with a review of arguments in favor of, and against, democracy. Then …