Состоялось совместное заседание семинара "Политическая экономика" и Международной Лаборатории Анализа и Выбора Решений

Тема: "Democratization and Barriers to Entry in a Two-Dimensional Voting Model" 
Докладчик: Dmitry A. Veselov (NRU HSE)

Аннотация

We propose a simple quality-ladder model with heterogeneous agents differing in their skills and wealth endowment to explain the persistence of barriers to entry in new democracies. In the model agents vote for a rate of redistribution and for the level of barriers to entry, which protect the incumbent firms from competition with new entrants. We show that even if a society democratizes, under certain conditions this leads only to the rise of redistribution, rather than to the elimination of barriers to entry. This argument is particularly relevant for countries with a low level of human capital and high inequality in incomes and in skills.

Keywords: barriers to entry, majority voting, quality-ladders model, income inequality, skills inequality, persistence of economic institutions

Язык: английский

Заседание состоялось 3 марта в 18:15 по адресу: г. Москва, улица Шаболовка, дом 26, корпус 4, аудитория 4322.