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Free to punish? The american dream and the harsh treatment of criminals
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2011)
We describe the evolution of selective aspects of punishment in the US over the period 1980-2004. We note that imprisonment increased around 1980, a period that coincides with the “Reagan revolution” in economic matters. ...
Anger and regulation
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2012)
We study a model where agents experience anger when they see a firm that hasdisplayed insufficient concern for their clients' welfare (altruism) makes high profits.Regulation can increase welfare, for example, through fines ...
Meet the oligarchs: business legitimacy, state capacity and taxation
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2016)
We study the impact of two dimensions of trust, namely trust in business elites and trust in government, on policy preferences. Using a randomized online survey, we find that our two treatments ...
Fairness and redistribution, a comment
(Universidad de Montevideo, Facultad de Ciencias Empresariales y Economía, Departamento de Economía, 2013)
We provide an example that shows that in the Alesina and Angeletos (2005) model one can obtain multiplicity even if luck plays no role inthe economy. Thus, it is not critical that the noise to signal ratio beincreasing in ...