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are random with respect to income. We use data on income and democracy going back to 1820, multiple definitions of … democracy, and non-parametric testing focusing on the distribution of entrants’ incomes. We find that income matters for entry … into higher levels of democracy; but if we control for the previously achieved level of democracy, the income effect …
Persistent link: https://www.econbiz.de/10005076629
Empirical studies of intertemporal dynamics of individual income, distribution of personal income, and growth and … distribution of national income are all based on statistics that rely on some concept of income. The dominant one today appears to … be the so-called Haig-Simons-Hicks (HSH) concept of income. I examine the foundations of this concept in Hicks's Value …
Persistent link: https://www.econbiz.de/10005135036
The relationship between speed and income is established in a micro- economic model focusing on the trade-off between … driver will choose to exceed the speed limit. The relationship between speed and income is found again in the empirical … speed on income, distance travelled and a number of controls. The results are clearly significant and indicate an average …
Persistent link: https://www.econbiz.de/10005062524
In this study we make an attempt to visualize the structure of the economy of Udalguri Subdivision of Assam, India. The structure of an economy comprises the characteristic features of and the interrelationships among its constituent parts and subsystems. These characteristic features and...
Persistent link: https://www.econbiz.de/10005407862
„h Australia¡¦s surge in productivity growth in the 1990s fuelled an acceleration in growth in total income and average … income (income per person in Australia). ¡V Annual average income growth accelerated from 1.4 per cent in the 1970s and 1980s … income growth of the 1990s was distributed evenly between labour (wages and salaries) and capital (profits). The labour and …
Persistent link: https://www.econbiz.de/10005556030
increases in income. This amounts to a rejection of the hypothesis that current income is the only argument in the utility … function. One possible answer is that human development involves more than current income (e.g., as argued by the UN). We find … absolute income, the generosity of the welfare state and (weakly) with life expectancy; it is negatively correlated with the …
Persistent link: https://www.econbiz.de/10005561269
tax- and contribution rules built into tax-benefit models to convert net income information into gross amounts. Using … to produce different net-to-gross ratios for different income components. We undertake a case study to illustrate the … income sources of the same individual. …
Persistent link: https://www.econbiz.de/10005561509
The article presents an analysis of welfare effects in Slovenia, an analysis of macroeconomic effects of the Slovenian pension reform and an analysis of effects of the pension fund deficit on sustainability of Slovenian public finances with a dynamic OLG general equilibrium model. It has been...
Persistent link: https://www.econbiz.de/10005125636
This work considers effects of energy market liberalisation in the countries of the former Soviet Union (FSU). Our analysis is based on a computable general equilibrium (CGE) model called the Global Trade Analysis Project (GTAP). This specialised model makes it possible to evaluate effects in a...
Persistent link: https://www.econbiz.de/10005412653
In this paper, we investigate incentives other than altruism that developed countries have in improving technologies specific to developing countries. We propose a simple model of international trade between two regions, in which all individuals have similar preferences over an inferior good and...
Persistent link: https://www.econbiz.de/10005118686