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lew lee
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Decks in this class (18)
Intro (easy)
Role of government 4 1,
When should the government interv...,
Equity efficiency diagram 3
16
cards
Utility Maximisation (easy)
Marginal rate of substitution 1,
Budget constraint assume they spe...,
Where do they max utility 3
16
cards
Empirical Tools
Identification problem 1,
How to solve b issue 2,
How to treat bias 3
14
cards
Taxes And Transfers
Recall when would gov interventio...,
So if government intervene and re...,
Market income equation z 3
30
cards
Week 3: Tax Incidence And Efficiency Costs
Pg 7 shows diagram example of tax...,
So we have q p t demand for good ...,
Dp dt expression b what does it r...
31
cards
Optimal Labour Income Tax (tough+important)
2 types of transfer programs 1,
Adjusted gross income agi 2,
Taxable income equation 3
34
cards
Optimal Labour Income Tax II
If no taxes c z consumption is ou...,
Assume we start with no tax trans...,
What if income above z z z 3
45
cards
Tax On Capital & Savings
Capital accumulation is correlate...,
Which is more mobile internationa...,
Capital is more mobile internatio...
31
cards
Tax On Capital & Savings Part B
What tax do the us use for inheri...,
Estate tax only affects the riche...,
Welfare effects of inheritances a...
34
cards
Part 2: Individual To Social Preferences
Political institutions are not ne...,
2 key challenges of turning indiv...,
Aggregation problem 3
34
cards
Median Voter Theorem (2 ways to show)
Single peaked preferences 1,
If we restrict preferences which ...,
Draw spatial representation of si...
31
cards
Probabilistic Voting Model
What non policy factor do they co...,
Main criticism of mvt 2,
Probabilistic voting model main c...
29
cards
Theories of Voter Turnout (Pi, Objective, Rational, Altruistic, Information Based (Uninformed Dont Vote)
So we have explored voter behavio...,
How many countries in 2024 have c...,
Issue with voluntary voting 3
32
cards
Lobbying And Vote Buying (Social Planner, Partial FF, Lobbying And Buying Supermajority Model) - Harder
Last time we studied voting behav...,
Lobby 2,
Thurber estimations on us lobbying 3
39
cards
Political Agency (Endogenous Rents & Enforceability & Verifiability) Hard
Political principal agent problem...,
Are endogenous rents appropriated...,
Mvt proving no rents extracted as...
23
cards
Partisan Politicians
So far we assumed politicians are...,
We could still see policy converg...,
We use citizen candidate model ag...
24
cards
Legislative Bargaining (simple n short)
Our models have assumed single ca...,
So bargaining over policy occurs ...,
What does outcome of bargaining d...
12
cards
The Media (v Simple No Models)
2 views of media 1,
Media with important info is posi...,
Why do media publish misleading i...
13
cards
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