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This paper examines the empirical relationship between the quality of the Indian judiciary and the economic development of the Indian States and Union Territories. It evaluates this causality by analysing the development of the state-level per capita income and poverty rates. I define the...
Persistent link: https://www.econbiz.de/10005412513
This paper examines the political economy of redistribution when voters have asymmetric information about the …
Persistent link: https://www.econbiz.de/10005407535
This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty alleviation should matter. This note shows that we all do care...
Persistent link: https://www.econbiz.de/10005076936
It is well known from nonlinear aggregation theory that distributions play a central role in the determination of …
Persistent link: https://www.econbiz.de/10005555988
This research develops a theory about the role of within-country income inequality leading to overtaking in economic … performance among countries. The theory captures two opposing effects of inequality on factor accumulation and suggests that the …
Persistent link: https://www.econbiz.de/10005556070
This paper explores the features of a dynamic multisectoral model which focuses on the relationship between income distribution, growth and international specialization. The model is explored both for the steady- state properties and the transitory dynamics of integrated economies. Income...
Persistent link: https://www.econbiz.de/10005556460
Persistent link: https://www.econbiz.de/10005408217
The objective of this work is to analyse the income inequality in the 15 EU countries during the convergence process to the Monetary Union. Using the information contained in the European Community Household Panel, corresponding to the four first waves. Using the inverse second order stochastic...
Persistent link: https://www.econbiz.de/10005076592
Globalization is a deliberate decision to open up a national economy to the forces of product, factor and money markets … regime and went in for globalization in the early 1990’s. However, globalization of the Indian Economy has been defensive … in the social spirit and prowess, so much needed to benefit from globalization. Acute poverty is the major structural …
Persistent link: https://www.econbiz.de/10005119015
The purpose of this paper is to provide reasonable estimates for the welfare cost of environmental tax reform in the U.S. economy. Unlike most previous studies that empirically evaluate the deadweight cost of taxation, the model employed here considers explicitly the joint allocation of leisure...
Persistent link: https://www.econbiz.de/10005556916