The Political Economy of Indirect Control
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We would like to thank Daron Acemoglu, Effi Benmelech, Carmen Beviá, Claudine Desrieux, Dennis Gromb, Mike Golosov, Johannes Horner, Narayana Kocherlakota, Gilat Levy, Robert Powell, Nancy Qian, Ronny Razin, Kjetil Storesletten, Aleh Tsyvinski, and seminar participants at INSEAD, Kellogg MEDS, Minneapolis Fed, Paris School of Economics, and the Social Determinants of Conflict Conference for comments. Gerard Padró i Miquel gratefully acknowledges financial support from ESRC under grant RES-061-250170. All remaining mistakes are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.