Torsten Persson

Torsten and Ragnar Soderberg Chair in Economic Sciences
Institute for International Economic Studies
Stockholm University
SE-106 91 Stockholm
Tel: +46 8 163066
Fax: +46 8 6747801

NBER Program Affiliations: DEV , POL
NBER Affiliation: Research Associate
Institutional Affiliation: IIES

NBER Working Papers and Publications

June 2019Individual vs. Social Motives in Identity Choice: Theory and Evidence from China
with Ruixue Jia: w26008
February 2019Norms, Enforcement, and Tax Evasion
with Timothy Besley, Anders Jensen: w25575
February 2017Who Becomes a Politician?
with Ernesto Dal Bó, Frederico Finan, Olle Folke, Johanna Rickne: w23120

Published: Ernesto Dal Bó & Frederico Finan & Olle Folke & Torsten Persson & Johanna Rickne, 2017. "Who Becomes A Politician?," The Quarterly Journal of Economics, Oxford University Press, vol. 132(4), pages 1877-1914. citation courtesy of

May 2012Education and Military Rivalry
with Philippe Aghion, Dorothee Rouzet: w18049

Published: Philippe Aghion & Xavier Jaravel & Torsten Persson & Dorothée Rouzet, 2019. "Education and Military Rivalry," Journal of the European Economic Association, vol 17(2), pages 376-412. citation courtesy of

June 2009State Capacity, Conflict and Development
with Timothy J. Besley: w15088

Published: Timothy Besley & Torsten Persson, 2010. "State Capacity, Conflict, and Development," Econometrica, Econometric Society, vol. 78(1), pages 1-34, 01. citation courtesy of

December 2008The Incidence of Civil War: Theory and Evidence
with Timothy J. Besley: w14585
October 2008Uncertainty, Climate Change and the Global Economy
with David von Below: w14426
June 2007The Growth Effect of Democracy: Is It Heterogenous and How Can It Be Estimated?
with Guido Tabellini: w13150
April 2007The Origins of State Capacity: Property Rights, Taxation, and Politics
with Timothy Besley: w13028

Published: Timothy Besley & Torsten Persson, 2009. "The Origins of State Capacity: Property Rights, Taxation, and Politics," American Economic Review, American Economic Association, vol. 99(4), pages 1218-44, September. citation courtesy of

April 2006Democratic Capital: The Nexus of Political and Economic Change
with Guido Tabellini: w12175

Published: Torsten Persson & Guido Tabellini, 2009. "Democratic Capital: The Nexus of Political and Economic Change," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(2), pages 88-126, July. citation courtesy of

February 2006Democracy and Development: The Devil in the Details
with Guido Tabellini: w11993

Published: Persson, Torsten and Guido Tabellini. "Democracy and development: The devil in the details." American Economic Review 96 (2006): 319-324. citation courtesy of

July 2005Political Competition and Economic Performance: Theory and Evidence from the United States
with Timothy Besley, Daniel Sturm: w11484
March 2005Forms of Democracy, Policy and Economic Development
January 2005Time Consistency of Fiscal and Monetary Policy: A Solution
with Mats Persson, Lars E.O. Svensson: w11088

Published: Mats Persson & Torsten Persson & Lars E. O. Svensson, 2006. "Time Consistency of Fiscal and Monetary Policy: A Solution," Econometrica, Econometric Society, vol. 74(1), pages 193-212, 01. citation courtesy of

December 2003How Do Electoral Rules Shape Party Structures, Government Coalitions, and Economic Policies?
with Gerard Roland, Guido Tabellini: w10176

Published: Persson, Torsten, Gerard Roland, and Guido Tabellini. "Electoral Rules and Government Spending in Parliamentary Democracies." Quarterly Journal of Political Science 2, 2 (2007): 155-88.

Consequences of Constitutions

Published: Persson, Torsten. "Consequences of constitutions." Journal of the European Economic Association 2 (2004): 139-161.

April 2001Do Political Institutions Shape Economic Policy?

Published: Persson, Torsten. "Do Political Institutions Shape Economic Policy," Econometrica, 2002, v70(3,May), 883-905. citation courtesy of

March 2001Electoral Rules and Corruption
with Guido Tabellini, Francesco Trebbi: w8154

Published: Torsten Persson & Guido Tabellini & Francesco Trebbi, 2003. "Electoral Rules and Corruption," Journal of the European Economic Association, MIT Press, vol. 1(4), pages 958-989, 06. citation courtesy of

April 1999Political Economics and Public Finance
with Guido Tabellini: w7097

Published: Auerbach, A. and M. Feldstein (eds.) Handbook of Public Economics. Amsterdam, The Netherlands: Elsevier, 2002.

December 1998The Size and Scope of Government: Comparative Politics with Rational Politicians
with Guido Tabellini: w6848

Published: European Economic Review, Alfred Marshall Lecture, Vol. 43 (1999): 699-735. citation courtesy of

June 1998Lobbying and Legislative Bargaining
with Elhanan Helpman: w6589

Published: Advances in Economic Analysis & Policy, (B.E. Journal of Economic Analysis & Policy) Vol. 1: Iss. 1, Article 3 citation courtesy of

December 1997Political Economics and Macroeconomic Policy
with Guido Tabellini: w6329

Published: Handbook of Macroeconomics, Taylor, J. and M. Woodford, eds., North Holland, Amsterdam: 1999.

September 1996Debt, Cash Flow and Inflation Incentives: A Swedish Example
with Mats Persson, Lars E. O. Svensson: w5772

Published: The Debt Burden and it's Consequences for Monetary Policy, King, M. and G. Calvo, eds., London: MacMillan, 1998, pp. 28-62.

April 1996Monetary Cohabitation in Europe
with Guido Tabellini: w5532

Published: American Economic Review, Vol. 86, no. 2 (May 1996): 111-116. citation courtesy of

January 1991Is Inequality Harmful for Growth? Theory and Evidence
with Guido Tabellini: w3599

Published: American Economic Review, Vol. 84 (1994): 600-621.

October 1990The Politics of 1992: Fiscal Policy and European Integration
with Guido Tabellini: w3460

Published: Review of Economic Studies, Vol. 59 (1992): 689-702. citation courtesy of

April 1989Signalling, Wage Controls and Monetary Disinflation Policy
with Sweder van Wijnbergen: w2939

Published: Economic Journal, Vol. 103 (1993): 79-97. citation courtesy of

1989Exchange Rate Variability And Asset Trade
with Lars E.O. Svensson: w2811

Published: Journal of Monetary Economics, Vol. 23, No. 3, pp. 485-509, (May 1989). citation courtesy of

November 1986Laws as Assets: A Possible Solution to the Time Consistency Problem
with Laurence J. Kotlikoff, Lars E.O. Svensson: w2068

Published: "Social Contracts as Assets: A Possible Solution to the Time-Consistency Problem." From American Economic Review, Vol. 78, No. 4, pp. 662-677,(September 1988).

May 1983Current Account Dynamics and the Terms of Trade: Harberger-Laursen-Metzler Two Generations Later
with Lars E.O. Svensson: w1129

Published: Persson, Torsten and Lars E.O. Svensson. "Current Account Dynamics and the Terms of Trade: Harberger-Laursen-Metzler Two Generations Later," Journal of Political Economy, Vol. 93, 1985, pp. 43-65. citation courtesy of

February 1983Deficits and Intergenerational Welfare in Open Economies

Published: Journal of International Economics, Vol. 19, No. 1/2, pp. 67-84, August 1985. citation courtesy of

1983Is Optimism Good in a Keynesian Economy?
with Lars E.O. Svensson: w1071

Published: Persson, Torsten and Lars E.O. Svensson. "Is Optimism Good in a Keynesian Economy?" Economica, Vol. 50, No. 199, (August 1983), pp. 291-300. citation courtesy of

September 1982Inflation, Monetary Velocity, and Welfare
with Paul R. Krugman, Lars E.O. Svensson: w0987

Published: Krugman, Paul, Torsten Persson and Lars E.O. Svensson. "Inflation, Interest Rates, and Welfare," Quarterly Journal of Economics, Vol. 100, 1985, pp. 6 77-695.

NBER Videos

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email:

Contact Us