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Distributive politics and economic growth: the Markovian Stackelberg solution

Ines Lindner () and Holger Strulik ()

Economic Theory, 2004, vol. 23, issue 2, 439-444

Abstract: We generalize the result of Alesina and Rodrik (1994) by showing that their static solution is also a time consistent Stackelberg solution of a differential game between the government and the median voter. Copyright Springer-Verlag Berlin/Heidelberg 2004

Keywords: Economic growth; Inequality; Differential game; Time-consistency. (search for similar items in EconPapers)
Date: 2004
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