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Political Economy Research Seminar

The Political Economics of Party Entry

Nathan Canen (Warwick), joint with Torsten Persson

Tuesday 25 March 2025 14:00 - 15:30

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About this event

This paper studies party entry in a model of multi-dimensional policy choice. Following extensive recent discussion, we suppose that there are two main dimensions: a standard redistributive dimension and a GAL-TAN dimension. the latter captures conflicts over two hotly-contested political issues: migration and environmental regulation. In almost all democracies, parties have emerged that take strong positions on these issues. And yet, the standard frameworks in political economics ignore this. We show that entry can result in specific forms of policy compromise and derive entry conditions based on these. We also explore the possibility of backlash entry when a party tries to reverse changes in policy. We show that the model offers some useful guidance for studying patterns in the data.

The Political Economy Research Seminar is jointly organised by the Departments of Economics, of Government, and of Management, with financial support from STICERD.

It brings together scholars across multiple departments at the LSE and from nearby universities. The series consists of talks by external and internal faculty presenting theoretical or empirical papers on a wide range of topics associated with political economy.

These seminars are held on Tuesdays in term time at 14.00-15.30, in room MAR 6.33, unless specified otherwise.

Seminar coordinators: Timothy Besley (Economics), Tak-Huen Chau (Government), Stephane Wolton (Government), Noam Yuchtman (Management)

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