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income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes … Gini coefficient and to increase average income, growth, and income of the poor. However, some non-linearites are detected …
Persistent link: https://www.econbiz.de/10005412490
The paper uses the 1992 household survey for Bulgaria to show poor revenue performance of the income tax structure … prevailing in 1992, which did not take into account the underlying distribution of income. The paper shows that Bulgaria can … benefit from a much lower and simpler income tax rate structure, which will be superior on revenue and distributional grounds …
Persistent link: https://www.econbiz.de/10005560954
feather their own nests at the expense of the general public. Using the force of government to redistribute income in one …
Persistent link: https://www.econbiz.de/10005124913
relationship between the form of production function and the dynamics of income distribution is made explicit. We then use this … relationship to determine what production structure is simultaneously consistent with facts on growth and income inequality. Our …
Persistent link: https://www.econbiz.de/10005125654
will not generally assign the control of assets and the residual claimancy over income streams of projects to achieve …
Persistent link: https://www.econbiz.de/10005134997
This paper examines the role of money in market and centrally planned economies. It then proposes a program and sequence of institutional, macroeconomic and monetary reform aimed at achieving a stable transition. An egalitarian redistribution of the state's custodial assets to its citizens is...
Persistent link: https://www.econbiz.de/10005407703
The Soviet Union and the nations of Eastern Europe are undergoing a historically unprecedented restructuring as they move inexorably from centrally planned economies toward market economies. This historic transition must be guided by a coherent set of stabilization policies to reduce the threat...
Persistent link: https://www.econbiz.de/10005118685
of an egalitarian distribution of income and wealth? I propose a sequential set of stabilization, privatization and …
Persistent link: https://www.econbiz.de/10005118763
One of the main objectives of this paper is to show the dynamics that relates inequality, social capital and institutions. The most important result is that these dynamics could generate multiple equilibria. Thus, we can identify two types of equilibria: one with a low level of social capital...
Persistent link: https://www.econbiz.de/10005407735
Lucas (2004) asserts that 'Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion, the most poisonous, is to focus on questions of distribution...The potential for improving the lives of poor people by finding different ways of distributing current...
Persistent link: https://www.econbiz.de/10005412681