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, empirical literature has found fairly weak evidence of opportunistic political cycles. This Paper tests the theory in a decade … sizable and short-lived on average; (2) the magnitude of opportunistic cycles decreases with voters' rationality and awareness … incumbent governors. Our results confirm that maturity of democracy as well as rationality and awareness of the electorate are …
Persistent link: https://www.econbiz.de/10005662200
minimal in the rural areas where poverty is high and inequality actually increased between 1996 and 2001. …
Persistent link: https://www.econbiz.de/10011213113
credit, to prevent a rise in inequality and poverty. This Working Paper relates to the 2013 OECD Economic Survey of Japan …
Persistent link: https://www.econbiz.de/10011276790
This paper analyses the relationship between income inequality and economic growth through fiscal policy. To this end …, we present and estimate two systems of structural equations with error components through which gross income inequality … inequality. …
Persistent link: https://www.econbiz.de/10010608309
Actual economic activity often is too large or abstract for students of economics to understand. It has been the experience of the authors that when the economy is explained in terms of an autonomous classroom, students better understand that the economy is about the social process of...
Persistent link: https://www.econbiz.de/10005482997
portion of direct transfer beneficiaries are nonpoor. As a result, inequality and poverty reduction are low relative to …
Persistent link: https://www.econbiz.de/10011135593
Cross-country evidence on inflation and inequality suggests that they are positively correlated. I explore the …
Persistent link: https://www.econbiz.de/10005792380
The scope of this paper is to celebrate the 100th anniversary of the Gini index by providing the original formulae. Corrado Gini introduced his index for the first time in a 1912 book published in Italian under the name of “Variabilità e Mutabilità” (Variability and Mutability). This...
Persistent link: https://www.econbiz.de/10010989199
Most economic models assume that individuals act out their preferences based on self-interest alone. However, there have also been other paradigms in economics that aim to capture aspects of behavior that include fairness, reciprocity, and altruism. In this study we empirically examine...
Persistent link: https://www.econbiz.de/10010989501
interpretation of the parameters in terms of inequality. The scale parameter μ is equal to the expectation, and it does not affect … the inequality, while the two shape parameters α and θ are inverse and direct inequality indicators respectively. This … result is obtained through stochastic orders based on inequality curves. A procedure to generate a random sample from Zenga …
Persistent link: https://www.econbiz.de/10010998663