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curve in many Western economies during this period, with the fall in inequality following redistribution due to …
Persistent link: https://www.econbiz.de/10005791338
deliberative democracy in an non-laboratory setting, using a unique dataset collected from transcripts of deliberation that … credible: its preferences approach the pivotal agent in a pure representative democracy, the median household. These effects …
Persistent link: https://www.econbiz.de/10011065911
: the incumbent leader selects the future leader as opposed to citizens at large selecting the future leader under democracy …
Persistent link: https://www.econbiz.de/10010703153
growth and of greater political participation on civil violence. Democracy is endogenous to economic growth and other … model, which is strong. Results indicate a positive significant effect of property rights institutions on economic growth in … participation on civil violence and, strong effects of aid per capita on both economic growth and civil violence. …
Persistent link: https://www.econbiz.de/10010729356
for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed …
Persistent link: https://www.econbiz.de/10005124288
The objective of the study is to examine the relationship between growth, inequality and poverty in the context of … 1964–2011. The regression model encompassing the impact of economic growth and inequality on poverty reflects that a 1 … rural, urban and national levels. Further, this study evaluates pro-poor growth policies in Pakistan during the period of …
Persistent link: https://www.econbiz.de/10010608259
also who moves up and down the income ladder over time. While income inequality has increased in most OECD countries, in … progressive taxation has also reduced the top 1 per cent’s share of disposable income. This paper finds that income inequality … to greater income inequality but also higher upward income mobility. Indeed, the analysis in the paper shows upward …
Persistent link: https://www.econbiz.de/10012202850
capital markets theories. It allows for departures from perfect democracy and embodies the trade-off between the growth costs … distribution and growth, as well as the relevant empirical evidence. The first model integrates the political-economy and imperfect … savings incentives and ameliorate the wealth constraints that impede investment by the poor. The second model is a growth …
Persistent link: https://www.econbiz.de/10005123982
to enhance institutional quality thereby promoting growth. The politically powerful coalition contemplates relinquishing …, and slow growth; and a more equal distribution of political and economic resources, high-quality institutions, and faster … growth. …
Persistent link: https://www.econbiz.de/10005497846
and economic growth. Individuals (who differ in abilities) live for two periods, working when young and owning capital … in time. In politico-economic equilibrium, more inequality (in terms of the skewedness of the distribution) yields a … lower pollution tax, a larger capital tax, and lower growth. …
Persistent link: https://www.econbiz.de/10005791379