... out by the central government. Bureaucracy China Distributive Politics Initial Public Offering Political Alignment Stock Market The distribution of public resources is at the center of political economy research. Earlier research reports compelling evidence that national leaders who...

...Masataka Harada; Daniel M. Smith We examine whether and how intergovernmental fiscal transfers reduce crime, an important but understudied aspect of distributive politics. Estimating the causal effect of redistribution on crime is complicated by the problem of simultaneity: transfers may...