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HU Credits:
4
Degree/Cycle:
1st degree (Bachelor)
Responsible Department:
Economics
Semester:
Yearly
Teaching Languages:
Hebrew
Campus:
Mt. Scopus
Course/Module Coordinator:
Prof. Esteban Klor
Coordinator Office Hours:
Wednesdays, 14:30-16:00
Teaching Staff:
Prof Esteban Klor
Course/Module description:
This course's goal is to help students write an original seminar paper on the field of political economics.
Course/Module aims:
This course's goal is to help students write an original seminar paper on the field of political economics.
Learning outcomes - On successful completion of this module, students should be able to:
Students will be able to understand the main models in political economics. They will also be able to conduct an independent research project on this field.
Attendance requirements(%):
80
Teaching arrangement and method of instruction:
Frontal lectures in class and private meetings with students during office hours to discuss their progress on their seminar paper.
Course/Module Content:
Every lecture is based on material from several papers.
1. Introduction to Research in Rational Choice and Political Economy
- Analyzing Politics, Chapter 1.
- Liberalism Against Populism, Chapter 1.a
- Pathologies of Rational Choice Theory, Chapter 2.
- Besley, Timothy (2007). “The New Political Economy,” The Economic Journal, 117, pp. F540 – F557. [link to article]
2. Campaign Spending and Electoral Outcomes in Israeli municipal elections
- Avi Ben-Bassat, Momi Dahan and Esteban Klor (2015), “Does Campaign Spending Affect Electoral Outcomes?” Electoral Studies, 40, 102-114. [link to article]
3. The Economic Impact of Terrorism
- Yael Elster, Asaf Zussman and Noam Zussman (2017). “Rockets: The housing market effects of a credible terrorist threat” Journal of Urban Economics, 99 (1):136-147. [link to article]
- Esteban Klor and Asaf Zussman (2020). “Defense and the Israeli Economy: 1990-2016,” in The Israeli Economy in the Last Twenty Years: Lights and Shadows in a Market Economy, Cambridge University Press, forthcoming. [link to article]
4. The Effects of Child Allowances on Fertility
- Charles F. Manski and Joram Mayshar (2003), “Private Incentives and Social Interactions: Fertility Puzzles in Israel,” Journal of the European Economic Association, 1 (1), 181-211. [link to article]
- Alma Cohen, Rajeeb Dehejia and Dimitri Romanov (2013), “Financial Incentives and Fertility,” Review of Economics and Statistics, 95(1), 1-20. [link to article]
5. Administrative and Political Subordination of Local Government in Israel
- Avi Ben-Bassat, Momi Dahan and Esteban F. Klor (2016). “Is Centralization a Solution to the Soft Budget Constraint Problem?” European Journal of Political Economy, 45 (1):57-75. [link to article]
6. The Effect of Financial Market Exposuro on Political Preferences
- Saumitra Jha and Moses Shayo (2019), “Valuing Peace: The Effects of Financial Market Exposure on Votes and Political Attitudes,” Econometrica, 87 (5). [link to article]
7. To be announced.
Required Reading:
General books on Political Economy:
Microeconomic Theory: Basic Principles and Extensions, Walter Nicholson. Eight Edition, Chapter 25.
Analyzing Politics, Rationality, Behavior and Institutions, K.A. Shepsle and M.S. Bonchek. W. W. Norton & Company, New York, London.
Liberalism Against Populism, W.H. Riker, Waveland Press, Prospect Heights, Illinois.
Pathologies of Rational Choice Theory, by D. P. Green and I. Shapiro, Yale University Press, New Haven, CT.
More advanced reading:
Special Interest Politics, G. M. Grossman and E. Helpman, The MIT Press, Cambridge, Massachusetts, London, England.
Political Economy for Public Policy, E. Bueno de Mesquita, Princeton University Press.
Political Economics, T. Persson and G. Tabellini, The MIT Press, Cambridge, Massachusetts, London, England.
Political Economy in Macroeconomics, A. Drazen, Princeton University Press, Princeton, New Jersey.
Additional Reading Material:
There isn't any additional reading material.
Grading Scheme :
Essay / Project / Final Assignment / Referat 80 %
Attendance / Participation in Field Excursion 20 %
Additional information:
There isn't any additional information
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