The present work encloses an analysis related to the channels through which income inequality affects economic growth … finding that the fiscal effects of inequality on growth may depend on the government expenditure covariate. Secondly, we … constructed a political instability index using principal components analysis, and look at its influence on income inequality and …

The agricultural transition, the demographic transition and the democratic transition explain the development paths of … approaches for identifying causality in development. …

capital accumulation at different stages of economic development. The model shows that when fertility is endogenous parental … human capital levels are crucial for implications of free education. At early stages of development, if parental human … of development, if parental human capital is high, the availability of free education crowds out private educational …

resource measures and conclude that some resources certainly seem to influence institutional development, but that this is …

This paper shows that whether natural resources are good or bad for a country’s development crucially depends on the …

with the Arrow/Romer approach to endogenous growth to analyze the interaction of risk, growth, and inequality, the latter …. Major results include that growth, inequality, and risk are positively related in our model, but we also identify a hump … find that the tax–transfer scheme positively affects growth while simultaneously reducing wealth inequality in the economy …

affect the macroeconomic development in East and West Germany in the long run. I therefore propose a baseline three …