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Forms of Democracy, Policy and Economic Development

Persson, Torsten - C.E.P.R. Discussion Papers - 2005

, institutions and growth. Drawing on cross-sectional as well as panel data, it presents new empirical results showing that the form … of democracy (rather than democracy vs. non-democracy) has important consequences for the adoption of structural polices … opposed to majoritarian) and permanent (as opposed to temporary) democracy appear to produce the most growth …

Persistent link: https://www.econbiz.de/10005791650

Economic Growth in Greece: Past Performance and Future Prospects

Bosworth, Barry; Kollintzas, Tryphon - C.E.P.R. Discussion Papers - 2001

This Paper examines the past growth performance of the Greek economy and examines the outlook for future growth in light of the macroeconomic stabilization that was achieved over the last half of the 1990s and following Greece's admission to the Euro currency zone. The Greek economy performed...

Persistent link: https://www.econbiz.de/10005124348

A Gravity Model of International Lending: Trade, Default and Credit

Rose, Andrew K; Spiegel, Mark - C.E.P.R. Discussion Papers - 2002

One reason why countries service their external debts is the fear that default might lead to shrinkage of international trade. If so, then creditors should systematically lend more to countries with which they share closer trade links. We develop a simple theoretical model to capture this...

Persistent link: https://www.econbiz.de/10005789181

A Note on the Relationship between Top Income Shares and the Gini Coefficient

Alvaredo, Facundo - C.E.P.R. Discussion Papers - 2010

When a very top group of the income distribution, infinitesimal in numbers, owns a finite share S of total income, the Gini coefficient G can be approximated by G*(1 - S) + S, where G* is the Gini coefficient for the rest of the population. We provide a simple formal proof for this expression,...

Persistent link: https://www.econbiz.de/10008680753

Baby Booming Inequality? Demographic Change and Earnings Inequality in Norway, 1967-2000

Almas, Ingvild; Havnes, Tarjei; Mogstad, Magne - C.E.P.R. Discussion Papers - 2011

In this paper, we demonstrate how age-adjusted inequality measures can be used to evaluate whether changes in inequality over time are due to changes in the age-structure. To this end, we use administrative data on earnings for every male Norwegian over the period 1967-2000. We find that the...

Persistent link: https://www.econbiz.de/10009493554

One Third of the World's Growth and Inequality

Quah, Danny - C.E.P.R. Discussion Papers - 2002

This Paper studies growth and inequality in China and India – two economies that account for a third of the world …

Persistent link: https://www.econbiz.de/10005498030

Trade Policy and the Household Distribution of Income

Francois, Joseph; Rojas-Romagosa, Hugo - C.E.P.R. Discussion Papers - 2004

We explore the relationship between import protection and the household distribution of income. We first develop a general-equilibrium mapping from tariffs to household inequality measures. This also yields predictions for linkages between tariffs, development level, and observed household...

Persistent link: https://www.econbiz.de/10005656223

Institutions, Volatility and Investment

Besley, Timothy J.; Mueller, Hannes Felix - C.E.P.R. Discussion Papers - 2015

Countries with strong executive constraints have lower growth volatility but similar average growth to those with weak constraints. This paper argues that this may explain a strong reduced-form correlation between executive constraints and inflows of foreign investment. It uses a novel dataset...

Persistent link: https://www.econbiz.de/10011145416

INSTITUTIONS AND ENTRY: A CROSS-REGIONAL ANALYSIS IN RUSSIA

Bruno, Randolph; Bytchkova, Maria; Estrin, Saul - C.E.P.R. Discussion Papers - 2011

We analyse a micro-panel data set to investigate the effect of regional institutional environment and economic factors … democracy enhances entry rates for small sized firms but reduces them for medium or large ones. …

Persistent link: https://www.econbiz.de/10008865970

Diversity and the Power of the Elites in Democratic Societies: A model and a test.

Bandiera, Oriana; Levy, Gilat - C.E.P.R. Discussion Papers - 2010

This paper analyzes whether political outcomes in local democracies are determined by the preferences of the median -typically poor- agents or whether they reflect the wishes of the wealthy elites. A model shows that when politicians belonging to different groups can form coalitions, the wealthy...

Persistent link: https://www.econbiz.de/10008611020

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