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We consider redistributional taxation between people with and without human capital if education is endogenous and if … individuals differ in their perceptions about own ability. Those who see their ability as low like redistributive taxation because … of the transfers it generates. Those who see their ability as high may also like redistributive taxation because it stops …
Persistent link: https://www.econbiz.de/10010751039
This papers provides an empirical analysis of the role of financial development and financial integration in the growth dynamics of transition countries. We focus on the role of financial integration in determining the impact of financial development on growth, distinguishing "normal times" from...
Persistent link: https://www.econbiz.de/10010549087
This paper presents a quarterly macro econometric model of the Kazakhstan. The main goal is to provide a stylized representation of the Kazakh economy in order to simulate the consequences of several economic policies viewed by the authorities as essential during the period of transition to a...
Persistent link: https://www.econbiz.de/10010899302
This paper is dedicated to the relation between market development and democracy. We distinguish contexts and preferences and ask whether it is true that the demand for democracy only emerges after a certain degree of market development is reached, and whether, conversely, democratization is...
Persistent link: https://www.econbiz.de/10010738910
This paper presents a small macroeconomic model of Kazakhstan to study the impact of various economic policies. The simulations provide insight into the role of a tight monetary policy, higher foreign direct investment, rises in nominal wages and in crude oil prices. The results obtained are in...
Persistent link: https://www.econbiz.de/10008791637
This paper questions the conventional wisdom concerning the sequencing of political and economic reforms in developing countries. We exploit the specific situation of frontier-zones as well as the considerable regional variations in culture and economic development in the countries of Central...
Persistent link: https://www.econbiz.de/10009025286
L'Ukraine et la Biélorussie ont été touchées par la crise financière internationale depuis l'automne 2008. Ces deux économies en transition sont relativement proches en termes de structure productive, mais l'Ukraine est plus ouverte financièrement. Une première analyse suggère pourtant...
Persistent link: https://www.econbiz.de/10008794761
margins for 17 EU countries and the US. Using the same data, inequality aversion is measured as the degree of redistribution …
Persistent link: https://www.econbiz.de/10010933830
We show the existence of a twin peaks relation between trust and the size of the welfare state that stems from two opposing forces. Uncivic people support large welfare states because they expect to benefit from them without bearing their costs. But civic individuals support generous benefits...
Persistent link: https://www.econbiz.de/10010933915
. Measuring individualism and the demand for redistribution by questions of the General Social Survey (GSS), we show that: (i …) individuals living in states with mineral resources are more individualistic and support less redistribution by the government … ; (ii) the higher the number of mines in a states, the lower the support for governmental redistribution and the higher the …
Persistent link: https://www.econbiz.de/10010930183