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A Dynamic Approach to the Relationship between Inequality, Social Capital and Institutions

Caramuta, Diego - EconWPA - 2005

One of the main objectives of this paper is to show the dynamics that relates inequality, social capital and … of equilibria: one with a low level of social capital and high level of inequality, supported by institutions created … endogenously by the community; and on the other hand, an equilibrium with a high level of social capital, low inequality and …

Persistent link: https://www.econbiz.de/10005407735

Lucas vs. Lucas: On Inequality and Growth

Cordoba, Juan Carlos; Verdier, Genevieve - EconWPA - 2005

. Moreover, our calculations suggest that US inequality is above its optimal level. …

Persistent link: https://www.econbiz.de/10005412681

Lobbying, Information Transmission, and Unequal Representation

Lagerlof, Johan; Frisell, Lars - EconWPA - 2004

his reputation for truthtelling, we show that the larger is the inequality, the less information can credibly be … transmitted to the policymaker. We also investigate the effects of inequality on welfare and discuss the welfare effects of …

Persistent link: https://www.econbiz.de/10005413244

Spatial Price Differences in China: Estimates and Implications

Brandt, Loren; Holz, Carsten - EconWPA - 2005

in explaining such economic outcomes as inequality can lead to misinterpretations. Income should be adjusted for costs of …

Persistent link: https://www.econbiz.de/10005413246

On the Welfare Gains of Growth and Welfare Costs of Inequality

Cordoba, Juan Carlos; Verdier, Genevieve - EconWPA - 2005

inequality, both within and across countries. We find that the welfare costs of inequality are significantly larger than the …-capita consumption, the costs of within-country and cross-country inequality are equivalent to a permanent reduction in per … positive rate of 2.1%) in exchange for the elimination of all within-country inequality. The gains of economic growth are …

Persistent link: https://www.econbiz.de/10005561141

Family spending power

Carson, Jamie - EconWPA - 2005

Families with two or more adults have unadjusted incomes above the overall average because they have more potential earners. On the other hand, unattached individuals and lone parents have after-tax income averages just over half the overall average. Adjusting incomes to account for family size...

Persistent link: https://www.econbiz.de/10005134995

Inequality and Segregation

Sethi, Rajiv; Somanathan, Rohini - EconWPA - 2001

This paper explores the manner in which race and income interact to determine patterns of residential location in metropolitan areas. We use a framework in which individuals care about both the level of affluence and the racial composition of their communities, and in which there are differences...

Persistent link: https://www.econbiz.de/10005135081

EFFICIENCY OF INSTITUTIONS, POLITICAL STABILITY AND INCOME DYNAMICS

Carmignani, Fabrizio - EconWPA - 2005

In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes redistributive taxation to maintain political support. The...

Persistent link: https://www.econbiz.de/10005412490

International benchmarking of the Australian waterfront

Commission, Productivity - EconWPA - 2002

This study is part of a continuing program of research into the performance of economic infrastructure industries, which was commenced by the Bureau of Industry Economics. It is the third Waterfront Benchmarking report in the cycle. The study builds on the two previous waterfront studies by...

Persistent link: https://www.econbiz.de/10005413247

Media, Education, and anti-Americanism in the Muslim World

Gentzkow, Matthew A.; Shapiro, Jesse M. - EconWPA - 2004

Recent surveys in the United States and the Muslim world show widespread misinformation about the events of September 11, 2001. Using data from 9 predominantly Muslim countries, we study how such beliefs depend on exposure to news media and levels of education. Standard economic theory would...

Persistent link: https://www.econbiz.de/10005413251