Showing 1 - 10 of 139
In this paper we investigate the relationship between inequality and the environment in a growing economy from a … political economy perspective. We consider an endogenous growth economy, where growth generates pollution and a deterioration of … the environment. Public expenditures may either be devoted to supporting growth or abating pollution. The decision over …
Persistent link: https://www.econbiz.de/10010750774
between skilled labor and unskilled labor wages. The question we ask is how the growth process shapes the wage inequality and … version of the model. In this version of the model the relationship between inequality and the rate of growth is also … inequality. First, we prove the existence of equilibrium paths. Then we show that there exists a continuum of steady …
Persistent link: https://www.econbiz.de/10010899820
This paper examines the influence of political ideology on economic growth in the French democracy since 1871. It does … robustness of the relationship between ideology and growth and the specific channels through which political ideology affects … promoted equity at the expense of economic growth. It also appears that the main channel through which political ideology has …
Persistent link: https://www.econbiz.de/10010635028
's economy and income inequality during transition from a command to market economic system. Using data from a series of … transition, an increase in income inequality is interpreted by population as a positive signal of increased opportunities; this …, increased inequality becomes an important reason for dissatisfaction of the public with the country's economic situation and …
Persistent link: https://www.econbiz.de/10010739118
these investments, output levels and growth. In this context, inequality plays a key role both as a determinant of the …The empirical evidence on the determinants of growth across countries has found that growth is lower when natural … which these three variables can impact growth, but has tended to address them separately. In this paper we argue that …
Persistent link: https://www.econbiz.de/10008793414
This paper is dedicated to the empirical exploration of the welfare effect of expectations and progress per se. Using ten waves of the Russian Longitudinal Monitoring Survey, a panel household survey rich in subjective variables, the analysis suggests that for a given total stock of...
Persistent link: https://www.econbiz.de/10010738850
We revisit the evidence of the existence of a long-run link between financial intermediation and economic growth, by … testing of cointegration between the growth rate of real GDP, control variables and three series reflecting financial … intermediation. We consider a model with a factor structure that allows us to determine whether the finance-growth link is due to …
Persistent link: https://www.econbiz.de/10008794722
parametric part of the model, we obtain the semiparametric efficiency bound. Our method is applied to a bivariate stock index …
Persistent link: https://www.econbiz.de/10010898810
This paper is concerned with developing a semiparametric panel model to explain the trend in UK temperatures and other …
Persistent link: https://www.econbiz.de/10010774282
parametric part of the model, we obtain the semiparametric efficiency bound. Our method is applied to a bivariate stock index …
Persistent link: https://www.econbiz.de/10010570529