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| List of Tables and Figures | |
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| Preface | |
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| Acknowledgments | |
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| Introduction | |
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| Overview | |
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| The Democratic Commitments to Government Involvement in the Macroeconomy | |
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| The Evolution of the Policy Commitments and of Macroeconomic Performance | |
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| Explaining Policy and Outcome Variation across Democracies over Time | |
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| The Political-Economic Implications | |
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| Conclusion | |
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| The Democratic Commitment to Social Insurance | |
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| Introduction: Motivation, the Explanandum, and a Road Map | |
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| Economic Inequality and Demand for Transfers in Pure Democracy | |
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| Democratic Management of Transfer Systems by Elected Governments | |
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| The Data and Empirical Methods | |
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| Empirical Evaluation of the Positive Political Economy of Transfers | |
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| Discussion, Conclusions, and Implications | |
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| Financing the Commitments: Public Debt | |
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| Introduction: Motivation, the Explanandum, and a Road Map | |
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| Democratic Management of Public Debt: Theories, Measures, Stylized Facts | |
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| Empirical Evaluation of the Positive Political Economy of Public Debt | |
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| Discussion, Conclusions, and Implications | |
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| Monetary Management of the Macroeconomy | |
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| Introduction: Motivation, the Explanandum, and a Road Map | |
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| Monetary-Policy-Making and Wage-Price-Bargaining Institutions | |
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| A Proposed Synthesis and Extension: Institutional-Structural Interactions | |
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| Empirical Evaluation of the Positive Political Economy of Monetary Policy Making and Wage-Price Bargaining | |
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| Discussion, Conclusions, and Implications | |
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| Comparative Democratic Political-Economy and Macroeconomic Policy Making | |
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| Concluding Themes | |
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| A Prospective Overview | |
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| References | |
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| Index | |