Essays on political economy and institutions

Detalhes bibliográficos
Autor(a) principal: Stein, Guilherme
Data de Publicação: 2016
Tipo de documento: Tese
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/17072
Resumo: This thesis presents two theoretical models. The first shows how the cost of doing business associated with red tape arises as a response to institutional failure, namely, a failure of the legal system. It shows that, when legal system is inefficient, an increase in the cost of doing business can increase society’s welfare. The second model shows how credit constraints affect political preferences of the society relating to human capital investments. Families that are credit constrained invest less in their offspring human capital and thus also prefer policies that involve direct cash transfers to human capital investments.
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spelling Stein, GuilhermeEscolas::EESPGuimarães, Bernardo de VasconcellosCavalcanti, TiagoEstevan, Fernanda Gonçalves de La FuenteNakaguma, MarcosCamargo, Bráz Ministério de2016-09-14T14:55:45Z2016-09-14T14:55:45Z2016-08-19STEIN, Guilherme. Essays on political economy and institutions. Tese (Doutorado em Economia de Empresas) - FGV - Fundação Getúlio Vargas, São Paulo, 2016.http://hdl.handle.net/10438/17072This thesis presents two theoretical models. The first shows how the cost of doing business associated with red tape arises as a response to institutional failure, namely, a failure of the legal system. It shows that, when legal system is inefficient, an increase in the cost of doing business can increase society’s welfare. The second model shows how credit constraints affect political preferences of the society relating to human capital investments. Families that are credit constrained invest less in their offspring human capital and thus also prefer policies that involve direct cash transfers to human capital investments.A tese desenvolve dois modelos teóricos. O primeiro deles mostra como o custo de realizar negócios associados a burocracia surge como resposta a uma falha instituicional, em particular, uma falha no sistema de justiça. Ele mostra que, quando o sistema de justiça é ineficiente, um aumento no custo de realizar negócios pode aumentar o bem-estar da sociedade. O segundo modelo mostra como restrições de crédito afetam as preferências políticas da sociedade no que tange investimentos em capital humano. Famílias com restrição de crédito investem menos no capital humano dos filhos e, por esse motivo, acabam também acabam preferindo políticas que envolvam transferências diretas de renda a investimentos em capital humano.engEconomic regulationBureaucracyRed tapeCredit constraintsHuman capitalMajority VotingEconomiaInstituições financeirasBurocraciaCustosCapital humanoPolítica econômicaEssays on political economy and institutionsinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/doctoralThesisreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessTEXTtese 4.0.pdf.txttese 4.0.pdf.txtExtracted texttext/plain102728https://repositorio.fgv.br/bitstreams/821a4329-7c04-4223-90e4-94a6fd020721/downloada27972c25b38182b50c7921cfc13f485MD511ORIGINALtese 4.0.pdftese 4.0.pdftese 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dc.title.eng.fl_str_mv Essays on political economy and institutions
title Essays on political economy and institutions
spellingShingle Essays on political economy and institutions
Stein, Guilherme
Economic regulation
Bureaucracy
Red tape
Credit constraints
Human capital
Majority Voting
Economia
Instituições financeiras
Burocracia
Custos
Capital humano
Política econômica
title_short Essays on political economy and institutions
title_full Essays on political economy and institutions
title_fullStr Essays on political economy and institutions
title_full_unstemmed Essays on political economy and institutions
title_sort Essays on political economy and institutions
author Stein, Guilherme
author_facet Stein, Guilherme
author_role author
dc.contributor.unidadefgv.por.fl_str_mv Escolas::EESP
dc.contributor.member.none.fl_str_mv Guimarães, Bernardo de Vasconcellos
Cavalcanti, Tiago
Estevan, Fernanda Gonçalves de La Fuente
Nakaguma, Marcos
dc.contributor.author.fl_str_mv Stein, Guilherme
dc.contributor.advisor1.fl_str_mv Camargo, Bráz Ministério de
contributor_str_mv Camargo, Bráz Ministério de
dc.subject.eng.fl_str_mv Economic regulation
Bureaucracy
Red tape
Credit constraints
Human capital
Majority Voting
topic Economic regulation
Bureaucracy
Red tape
Credit constraints
Human capital
Majority Voting
Economia
Instituições financeiras
Burocracia
Custos
Capital humano
Política econômica
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Instituições financeiras
Burocracia
Custos
Capital humano
Política econômica
description This thesis presents two theoretical models. The first shows how the cost of doing business associated with red tape arises as a response to institutional failure, namely, a failure of the legal system. It shows that, when legal system is inefficient, an increase in the cost of doing business can increase society’s welfare. The second model shows how credit constraints affect political preferences of the society relating to human capital investments. Families that are credit constrained invest less in their offspring human capital and thus also prefer policies that involve direct cash transfers to human capital investments.
publishDate 2016
dc.date.accessioned.fl_str_mv 2016-09-14T14:55:45Z
dc.date.available.fl_str_mv 2016-09-14T14:55:45Z
dc.date.issued.fl_str_mv 2016-08-19
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/doctoralThesis
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status_str publishedVersion
dc.identifier.citation.fl_str_mv STEIN, Guilherme. Essays on political economy and institutions. Tese (Doutorado em Economia de Empresas) - FGV - Fundação Getúlio Vargas, São Paulo, 2016.
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/17072
identifier_str_mv STEIN, Guilherme. Essays on political economy and institutions. Tese (Doutorado em Economia de Empresas) - FGV - Fundação Getúlio Vargas, São Paulo, 2016.
url http://hdl.handle.net/10438/17072
dc.language.iso.fl_str_mv eng
language eng
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