Showing 1 - 10 of 508
Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … citizens’ support for the market by guaranteeing income redistribution to inequality-averse agents. Our identification strategy …, provided that they trust political institutions. Our findings suggest that one solution to the recent electoral backlash of …
Persistent link: https://www.econbiz.de/10005822609
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010884177
We develop a new experiment to study the emergence of welfare-reducing bilateral alliances within larger groups, and the effectiveness of institutional interventions to curtail this reciprocal alliance behaviour. In each of the 25 rounds of our experiments, a player (the 'allocator') nominates...
Persistent link: https://www.econbiz.de/10011268879
Argentina is the only country in the world that was "developed" in 1900 and "developing" in 2000. The various competing … explanations highlight, mainly, the roles of trade openness, political institutions, financial integration, financial development …
Persistent link: https://www.econbiz.de/10011095511
There is data evidence that welfare has improved post democracy in Nigeria. However, the distribution or concentration …, across and within gender, post democracy in Nigeria is explored. I make use of simple econometric tools to test two null … hypotheses. First, there is no disparity in the income and returns to education benefits of the shift to democracy across gender …
Persistent link: https://www.econbiz.de/10005233750
The governments of nearly all countries are major providers of primary and secondary education to their citizens. In some countries, however, public schools coexist with private schools, while in others the government is the sole provider of education. In this study, we ask why different...
Persistent link: https://www.econbiz.de/10005762277
What is the relationship between economic growth and its volatility? Does political instability affect growth directly or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual time series data for Argentina from 1896 to 2000. We show...
Persistent link: https://www.econbiz.de/10005761766
This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...
Persistent link: https://www.econbiz.de/10005703824
What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and political conditions did little to change the fact that existing econometric estimates diverge...
Persistent link: https://www.econbiz.de/10005700916
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/10010885181