Thesiss

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This thesis consists of three chapters. The first two chapters offer game theoretical models for different linkages between political parties and the citizens: programmatic linkage and clientelistic linkage. Empirical implications of these models are discussed using real world d…

The first essay of the dissertation assesses the relationship between foreign financial aid and recipients' aggregate investment. Plagued by a difficult endogeneity problem, the literature has grappled with identifying instrumental variables that are uncorrelated with economic a…

This thesis provides both theoretical and empirical evidence to identify why the effect of human capital on economic growth differs across countries. Chapter 1 provides a theoretical explanation of the weak effects of human capital on economic growth in a dynamic general equilib…