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Author: | Alesina, A. Rosenthal, H. |
Title: | Polarized platforms and moderate policies with checks and balances |
Journal: | Journal of Public Economics
2000 : JAN, VOL. 75:1, p. 1-20 |
Index terms: | ECONOMICS PUBLIC SECTOR ELECTIONS POLITICAL PARTIES POLICY |
Language: | eng |
Abstract: | This paper is to reconcile the observation that political parties in 2-party democracies adopt polarized platforms with the seemingly inexorable proposition that political competition should lead to identical policies. This paper emphasizes the role played by institutional "checks and balances". |
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