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Interactions between economic development and financial development are studied by looking at the roles of financial … institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … development stages of an economy. At higher development stages a financing regime with ex post selection capacity is more …
Persistent link: https://www.econbiz.de/10010928613
of political freedoms versus economic development. This paper takes a new approach to provide an answer by using micro …
Persistent link: https://www.econbiz.de/10010928706
Interactions between economic development and financial development are studied by looking at the roles of financial … institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … development stages of an economy. At higher development stages a financing regime with ex post selection capacity is more …
Persistent link: https://www.econbiz.de/10010745283
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … share of both the “very unhappy” and the “perfectly happy”. Lower happiness inequality is found both between and within …
Persistent link: https://www.econbiz.de/10011126047
The most striking difference in corporate-governance arrangements between rich and poor countries is that the latter rely much more heavily on the dynastic family firm, where ownership and control are passed on from one generation to the other. We argue that if the heir to the family firm has no...
Persistent link: https://www.econbiz.de/10010928662
the development accounting literature by describing a nonparametric upper bound on the increase in output that can be … necessary data, compare our results with the standard development accounting approach, and provide an update on the results …
Persistent link: https://www.econbiz.de/10010745364
rural branches in Indian states with lower initial financial development. The reverse is true outside this period. We …
Persistent link: https://www.econbiz.de/10010745415
bolster political incentives through contributions. Economies with a stronger middle class due to lower inequality or lower …
Persistent link: https://www.econbiz.de/10011126587
-based infrastructures on economic development. The results suggest that both mass media and ICT penetra- tion are negatively associated with … countries. The same result is also obtained for the e¤ects of ICT and mass media on economic inequality,. However, ICT reveals … itself inequal- ity increasing for the developing country sample but inequality decreasing for the entire sample. Finally …
Persistent link: https://www.econbiz.de/10011071188
This paper employs a decomposition analysis of inequality by income source to understand and explain particular aspects … of income inequality in Greece. The results suggest that entrepreneurial income is the most significant contributor to … overall inequality in Greece. It is also shown that there is a weak redistributive impact of taxes and social security …
Persistent link: https://www.econbiz.de/10010928797