Details about Torsten Persson

E-mail:
Homepage:	http://www.iies.su.se/~perssont/
Phone:	+46 8 163066
Postal address:	Institute for international economic studies Stockholm University SE-106 91 Stockholm Sweden
Workplace:	Centre for Economic Policy Research (CEPR), (more information at EDIRC) Economics Department, London School of Economics (LSE), University of London, (more information at EDIRC) Institute for International Economic Studies (IIES), Stockholms Universitet (Stockholm University), (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Torsten Persson.

Last updated 2009-09-16. Update your information in the RePEc Author Service.

Short-id: ppe28

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Jump to Journal Articles Books Edited books Chapters

Working Papers

2009

1. State Capacity, Conflict and Development
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in STICERD - Economic Organisation and Public Policy Discussion Papers Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE (2009)
   NBER Working Papers, National Bureau of Economic Research, Inc (2009)
2. The Incidence of Civil War: Theory and Evidence
   STICERD - Economic Organisation and Public Policy Discussion Papers Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations

2008

3. Uncertainty, Climate Change and the Global Economy
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008)
   Seminar Papers, Stockholm University, Institute for International Economic Studies (2008)

2007

4. Electoral Rules and Government Spending in Parliamentary Democracies
   Levine's Working Paper Archive, David K. Levine View citations
   Also in Levine's Working Paper Archive, David K. Levine (2006)
   Levine's Working Paper Archive, David K. Levine (2005) View citations
   Levine's Working Paper Archive, David K. Levine (2006)
5. The Growth Effect of Democracy: Is It Heterogeneous and How Can It Be Estimated?
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations
   Levine's Working Paper Archive, David K. Levine (2007) View citations
   Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2007)
   CESifo Working Paper Series, CESifo Group Munich (2007) View citations
6. The Origins of State Capacity: Property Rights, Taxation, and Politics
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations

2006

7. Democracy and Development: The Devil in the Details
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in CESifo Working Paper Series, CESifo Group Munich (2006) View citations
   Levine's Bibliography, UCLA Department of Economics (2006) View citations
   NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations
   Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2006) View citations
   See also Journal Article in American Economic Review (2006)
8. Democratic Capital: The Nexus of Political and Economic Change
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2006) View citations
   Levine's Bibliography, UCLA Department of Economics (2006) View citations
   Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2006) View citations
   See also Journal Article in American Economic Journal: Macroeconomics (2009)
9. Political Competition and Economic Performance: Theory and Evidence from the United States
   Discussion Papers in Economics, University of Munich, Department of Economics View citations
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations
   NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations

2005

10. Forms of Democracy, Policy and Economic Development
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations
11. Time Consistency of Fiscal and Monetary Policy: A Solution
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Seminar Papers, Stockholm University, Institute for International Economic Studies (2004)
    Papers, Princeton University, Research Program in Political Economy (2005) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations
    See also Journal Article in Econometrica (2006)

2004

12. How Do Electoral Rules Shape Party Structures, Government Coalitions, and Economic Policies?
    CESifo Working Paper Series, CESifo Group Munich View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2003)

2003

13. Consequences of Constitutions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
14. Do Electoral Cycles Differ Across Political Systems?
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations

2001

15. Do Political Institutions Shape Economic Policy?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Econometrica (2002)
16. Electoral Rules and Corruption
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations
    CESifo Working Paper Series, CESifo Group Munich (2001) View citations
    See also Journal Article in Journal of the European Economic Association (2003)
17. Political Institutions and Policy Outcomes: What Are the Stylized Facts?
    CESifo Working Paper Series, CESifo Group Munich View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research Department (2001) View citations

1999

18. Political Economics and Public Finance
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations
    See also Chapter (2002)
19. The Size and Scope of Government: Comparative Politics With Rational Politicians
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations
    Working Papers, Stockholm - International Economic Studies (1998) View citations
    Seminar Papers, Stockholm University, Institute for International Economic Studies (1998) View citations
    See also Journal Article in European Economic Review (1999)

1998

20. Lobbying and Legislative Bargaining
    Working Papers, Tel Aviv View citations
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1998) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations

1997

21. Comparative Politics and Public Finance
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations
    Also in Working Papers, Stockholm - International Economic Studies (1997) View citations
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1997) View citations
    See also Journal Article in Journal of Political Economy (2000)
22. Debt, cash flow and inflation incentives: A Swedish example
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1996) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1996) View citations
    Working Papers, Stockholm - International Economic Studies (1996) View citations
23. Political Economics and Macroeconomic Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Papers, Stockholm - International Economic Studies (1997) View citations
    Seminar Papers, Stockholm University, Institute for International Economic Studies (1997) View citations
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (1997) View citations
    See also Chapter (1999)
24. Separation of Powers and Political Accountability
    CESifo Working Paper Series, CESifo Group Munich View citations
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations
    See also Journal Article in The Quarterly Journal of Economics (1997)
25. Separation of powers and accountability: Towards a formal approach to comparative politics
    Seminar Papers, Stockholm University, Institute for International Economic Studies View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1996) View citations
    Working Papers, Stockholm - International Economic Studies (1996)

1996

26. Monetary Cohabitation in Europe
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University
    NBER Working Papers, National Bureau of Economic Research, Inc (1996) View citations
    See also Journal Article in American Economic Review (1996)

1995

27. Double-Edged Incentives: Institutions and Policy Coordination
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    See also Chapter (1995)
28. Federal Fiscal Constitutions. Part II: Risk Sharing and Redistribution
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

1993

29. Federal Fiscal Constitutions; Part I: Risk Sharing and Moral Hazard
    UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1992) View citations
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1992) View citations
    Working Papers, Stockholm - International Economic Studies (1992) View citations
    EPRU Working Paper Series, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics
30. Is Inequality Harmful for Growth
    Working Papers, Stockholm - International Economic Studies View citations
    See also Journal Article in American Economic Review (1994)
31. Options for Economic and Political Reform in Sweden
    Working Papers, Stockholm - International Economic Studies View citations

1992

32. Politics and Economic Policy
    Working Papers, Stockholm - International Economic Studies View citations
    Also in Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (1992) View citations
33. The Swedish business cycle: stylized facts over 130 years
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis View citations

1991

34. Growth, Distribution and Politics
    IMF Working Papers, International Monetary Fund View citations
    See also Journal Article in European Economic Review (1992)
35. Is Inequality Harmful for Growth? Theory and Evidence
    Economics Working Papers, University of California at Berkeley View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1991) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (1991) View citations
36. Swedish Business Cycles: 1861-1988
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER)
    Also in Working Papers, Uppsala - Working Paper Series (1990)
    See also Journal Article in Journal of Monetary Economics (1992)
37. The Politics of 1992: Fiscal Policy and European Integration
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1990)
    See also Journal Article in Review of Economic Studies (1992)

1990

38. Exchange Rate Variability And Asset Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Monetary Economics (1989)

1989

39. A REPLY OF: TIME CONSISTENCY OF FISCAL AND MONETARY POLICY, A COMMENT
    Working Papers, Stockholm - International Economic Studies
40. Signalling, Wage Controls and Monetary Disinflation Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Economic Journal (1993)

1988

41. Laws as Assets: A Possible Solution to the Time Consistency Problem
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1983

42. Current Account Dynamics and the Terms of Trade: Harberger-Laursen-Metzler Two Generations Later
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Political Economy (1985)
43. Deficits and Intergenerational Welfare in Open Economies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of International Economics (1985)
44. Is Optimism Good in a Keynesian Economy?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Economica (1983)

1982

45. Inflation, Monetary Velocity, and Welfare
    NBER Working Papers, National Bureau of Economic Research, Inc

1980

46. Alternative Exchange Rate Regimes and the Transmission of Disturbances: A general Equilibrium Approach
    The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics

Undated

47. The Theory of Fiscal Federalism: What Does it Mean for Europe?
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations
48. The size and the scope of government: Comparative politics with rational politicians
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations
49. Towards Micropolitical Foundations of Public Finance
    Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University View citations
    See also Journal Article in European Economic Review (1998)

Journal Articles

2009

1. Democratic Capital: The Nexus of Political and Economic Change
   American Economic Journal: Macroeconomics, 2009, 1, (2), 88-126
   See also Working Paper (2006)
2. Repression or Civil War?
   American Economic Review, 2009, 99, (2), 292-97

2008

3. Wars and State Capacity
   Journal of the European Economic Association, 2008, 6, (2-3), 522-530 View citations

2006

4. Democracy and Development: The Devil in the Details
   American Economic Review, 2006, 96, (2), 319-324 View citations
   See also Working Paper (2006)
5. Reply to Blankart and Koester's Political Economics versus Public Choice Two Views of Political Economy in Competition
   Kyklos, 2006, 59, (2), 201-208
6. Time Consistency of Fiscal and Monetary Policy: A Solution
   Econometrica, 2006, 74, (1), 193-212 View citations
   See also Working Paper (2005)

2004

7. Constitutional Rules and Fiscal Policy Outcomes
   American Economic Review, 2004, 94, (1), 25-45 View citations
8. Constitutions and Economic Policy
   Journal of Economic Perspectives, 2004, 18, (1), 75-98 View citations
9. Presidential Address: Consequences of Constitutions
   Journal of the European Economic Association, 2004, 2, (2-3), 139-161 View citations
10. Report of the President 2003
    Journal of the European Economic Association, 2004, 2, (2-3), 548-554

2003

11. Editorial
    Journal of the European Economic Association, 2003, 1, (1), iii-iv
12. Electoral Rules and Corruption
    Journal of the European Economic Association, 2003, 1, (4), 958-989 View citations
    See also Working Paper (2001)

2002

13. Do Political Institutions Shape Economic Policy?
    Econometrica, 2002, 70, (3), 883-905 View citations
    See also Working Paper (2001)
14. Do constitutions cause large governments? Quasi-experimental evidence
    European Economic Review, 2002, 46, (4-5), 908-918 View citations
15. Markets with Asymmetric Information: The Contributions of George Akerlof, Michael Spence and Joseph Stiglitz
    Scandinavian Journal of Economics, 2002, 104, (2), 195-211 View citations

2001

16. Currency unions and trade: how large is the treatment effect?
    Economic Policy, 2001, 16, (33), 433-462 View citations

2000

17. Comparative Politics and Public Finance
    Journal of Political Economy, 2000, 108, (6), 1121-1161 View citations
    See also Working Paper (1997)

1999

18. The size and scope of government:: Comparative politics with rational politicians
    European Economic Review, 1999, 43, (4-6), 699-735 View citations
    See also Working Paper (1999)

1998

19. Economic Policy and Special Interest Politics
    Economic Journal, 1998, 108, (447), 310-27 View citations
20. Towards micropolitical foundations of public finance
    European Economic Review, 1998, 42, (3-5), 685-694 View citations
    See also Working Paper

1997

21. Separation of Powers and Political Accountability
    The Quarterly Journal of Economics, 1997, 112, (4), 1163-1202 View citations
    See also Working Paper (1997)

1996

22. Federal Fiscal Constitutions: Risk Sharing and Moral Hazard
    Econometrica, 1996, 64, (3), 623-46 View citations
23. Federal Fiscal Constitutions: Risk Sharing and Redistribution
    Journal of Political Economy, 1996, 104, (5), 979-1009 View citations
24. Monetary Cohabitation in Europe
    American Economic Review, 1996, 86, (2), 111-16 View citations
    See also Working Paper (1996)

1994

25. Does centralization increase the size of government?
    European Economic Review, 1994, 38, (3-4), 765-773 View citations
26. Is Inequality Harmful for Growth?
    American Economic Review, 1994, 84, (3), 600-621 View citations
    See also Working Paper (1993)
27. Representative democracy and capital taxation
    Journal of Public Economics, 1994, 55, (1), 53-70 View citations

1993

28. Designing institutions for monetary stability
    Carnegie-Rochester Conference Series on Public Policy, 1993, 39, (1), 53-84 View citations
29. Signalling, Wage Controls and Monetary Disinflation Policy
    Economic Journal, 1993, 103, (416), 79-97 View citations
    See also Working Paper (1989)

1992

30. Growth, distribution and politics
    European Economic Review, 1992, 36, (2-3), 593-602 View citations
    See also Working Paper (1991)
31. Swedish business cycles: 1861-1988
    Journal of Monetary Economics, 1992, 30, (3), 343-371 View citations
    See also Working Paper (1991)
32. The Politics of 1992: Fiscal Policy and European Integration
    Review of Economic Studies, 1992, 59, (4), 689-701 View citations
    See also Working Paper (1991)

1990

33. The Macroeconomic Tradeoffs of Price and Income Policies: Comment
    Scandinavian Journal of Economics, 1990, 92, (2), 349-51

1989

34. Exchange rate variability and asset trade
    Journal of Monetary Economics, 1989, 23, (3), 485-509 View citations
    See also Working Paper (1990)
35. Regulation, financial buffer stocks, and short-run adjustment: An econometric case-study of Sweden, 1970-1982
    European Economic Review, 1989, 33, (8), 1545-1565
36. Why a Stubborn Conservative Would Run a Deficit: Policy with Time-Inconsistent Preferences
    The Quarterly Journal of Economics, 1989, 104, (2), 325-45 View citations

1988

37. An introduction and a broad survey
    European Economic Review, 1988, 32, (2-3), 519-532 View citations
38. Empirical Examinations of the Information Sets of Economic Agents
    The Quarterly Journal of Economics, 1988, 103, (1), 251-59 View citations
39. Exchange rate policy, wage formation and credibility
    European Economic Review, 1988, 32, (8), 1621-1636 View citations
40. Social Contracts as Assets: A Possible Solution to the Time-Consistency Problem
    American Economic Review, 1988, 78, (4), 662-77 View citations

1987

41. Time Consistency of Fiscal and Monetary Policy
    Econometrica, 1987, 55, (6), 1419-31 View citations

1986

42. Capital Market "Imperfections" and the Consumption Function: Comment
    Scandinavian Journal of Economics, 1986, 88, (1), 81-83
43. Exchange rate theory and practice: John F.O. Bilson and Richard C. Marston, eds., (University of chicago press for the national bureau of economic research, chicago, 1984) pp. ix + 528, $58.00
    Journal of International Economics, 1986, 20, (1-2), 196-199
44. International Borrowing and Time-Consistent Fiscal Policy
    Scandinavian Journal of Economics, 1986, 88, (1), 273-95 View citations

1985

45. Current Account Dynamics and the Terms of Trade: Harberger-Laursen-Metzler Two Generations Later
    Journal of Political Economy, 1985, 93, (1), 43-65 View citations
    See also Working Paper (1983)
46. Deficits and intergenerational welfare in open economies
    Journal of International Economics, 1985, 19, (1-2), 67-84 View citations
    See also Working Paper (1983)
47. Inflation, Interest Rates, and Welfare
    The Quarterly Journal of Economics, 1985, 100, (3), 677-95

1984

48. Misperceptions, rigidity and welfare
    European Economic Review, 1984, 25, (3), 387-399
49. Real transfers in fixed exchange rate systems and the international adjustment mechanism
    Journal of Monetary Economics, 1984, 13, (3), 349-369 View citations
50. Time-consistent fiscal policy and government cash-flow
    Journal of Monetary Economics, 1984, 14, (3), 365-374 View citations

1983

51. Is Optimism Good in a Keynesian Economy?
    Economica, 1983, 50, (199), 291-300 View citations
    See also Working Paper (1983)
52. Optimal subsidies to declining industries: Efficiency and equity considerations
    Journal of Public Economics, 1983, 22, (3), 327-345

1982

53. Global Effects of National Stabilization Policies under Fixed and Floating Exchange Rates
    Scandinavian Journal of Economics, 1982, 84, (2), 165-92 View citations

1979

54. Alternative transactions variables and the empirical evidence of economies of scale in money holdings
    Economics Letters, 1979, 2, (4), 349-355

Books

2005

1. The Economic Effects of Constitutions, vol 1
   MIT Press Books, The MIT Press View citations

2002

2. Political Economics: Explaining Economic Policy, vol 1
   MIT Press Books, The MIT Press View citations

1993

3. International Seminar on Macroeconomics
   NBER Books, National Bureau of Economic Research, Inc

Edited books

1994

1. Monetary and Fiscal Policy, Vol. 2: Politics, vol 1
   MIT Press Books, The MIT Press

Chapters

2002

1. Political economics and public finance
   Chapter 24 in Handbook of Public Economics, 2002, vol. 3, pp 1549-1659 View citations
   See also Working Paper (1999)

1999

2. Political economics and macroeconomic policy
   Chapter 22 in Handbook of Macroeconomics, 1999, vol. 1, Part C, pp 1397-1482 View citations
   See also Working Paper (1997)

1995

3. Double-edged incentives: Institutions and policy coordination
   Chapter 38 in Handbook of International Economics, 1995, vol. 3, pp 1973-2030 View citations
   See also Working Paper (1995)