Corpus ID: 153675555

When Does It Take a Nixon to Go to China

  title={When Does It Take a Nixon to Go to China},
  author={A. Cukierman and M. Tommasi},
  journal={The American Economic Review},
  • A. Cukierman, M. Tommasi
  • Published 1997
  • Economics
  • The American Economic Review
  • Substantial policy changes, like market-oriented reforms by populist parties and steps towards peace by 'hawks,' are sometimes implemented by 'unlikely' parties. To account for such episodes, this paper develops a framework in which incumbent politicians have better information about the state of the world than voters. The incumbent is unable to credibly transmit all this information since voters are also imperfectly informed about his ideology. The paper identifies conditions under which an… CONTINUE READING
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