Interviewer: Professor Shayo, thank you
for spending the time today to discuss
your paper: A Model of Social Identity
with an Application to
Political Economy, Nation,
Class and Redistribution.
This paper was published in
the American Political Science Review,
Volume 103, Number 2 in May 2009,
and in a recent book
'21st Century Economics: Economic
Ideas You Should Read and
Remember', published in 2019
with editors Bruno Frey and
Christopher Schaltegger, it was
recommended to be read and remembered.
We're not going to talk
about the methodology today,
we're going to assume that the listeners
to this interview have read the paper and
formed their views on the methodology
which has been through the review process.
What we're going to talk about
are the implications, as you see them,
of this research.
Perhaps you could start by providing
some context to the questions,
the big questions you're
seeking to address.
Prof. Shayo: Thank you very much first
of all, for having this talk with me.
This paper is part of a bigger field
that is called 'political economy',
political economy is a field that deals
with trying to understand the political
constraints on economic policy.
Old-fashioned public economics
used to just look at what would
be the ideal policy that a benevolent
social planner would choose for
this or that market, or
this or that economy.