Similar Search Results

Why Doesn't Capitalism Flow to Poor Countries?

Tella, Rafael Di - 2007

corruption, which is more widespread in poor countries, reduces more the electoral appeal of capitalism than that of socialism … externality since the existence of corrupt entrepreneurs hurts good entrepreneurs by reducing the electoral appeal of capitalism …

Persistent link: https://www.econbiz.de/10012465489

State Versus Private Ownership

Shleifer, Andrei - 1998

costs must be strong. In essence, this is the case for capitalism over socialism, explaining the dynamic vitality' of free … the role of prices under socialism and capitalism and ignored the enormous importance of ownership as the source of … enterprise. The great economists of the 1930s and 1940s failed to see the dangers of socialism in part because they focused on …

Persistent link: https://www.econbiz.de/10012472146

Macroeconomic Planning and Disequilibrium : Estimates for Poland, 1955-1980

Portes, Richard - 1983

This paper specifies and estimates a four-equation disequilibrium model of the consumption goods market in a centrally planned economy(CPE).The data are from Poland for the period 1955-1980, but the analysis is more general and will be applied to other CPEs as soon as the appropriate data sets...

Persistent link: https://www.econbiz.de/10012477917

Planning and Market Structure

Carlton, Dennis W. - 1980

This paper examines a model in which demand is uncertain and production must occur before demand is known for sure. By investing resources in information gathering activity, demand can be forecast. The paper investigates the relationship between the incentive to plan and market structure and...

Persistent link: https://www.econbiz.de/10012478720

Pervasive Shortages Under Socialism

Shleifer, Andrei - 1991

We present a new theory of pervasive shortages under socialism, based on the assumption that the planners are self … suggests that market socialism is bound to fail even without computational complexities facing the planners …

Persistent link: https://www.econbiz.de/10012475209

Left, Right, Left : Income, Learning and Political Dynamics

Morrow, John - 2013

The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. This paper generalizes the forward-looking voter model to a broad range of dynamic, non-concave income...

Persistent link: https://www.econbiz.de/10012459164

Financial Crisis in a Socialist Setting : Impact on Political Behavior, Social Trust, and Economic Values

Abramitzky, Ran; Ben-Porath, Netanel; Lavy, Victor; … - National Bureau of Economic Research - 2023

Research on the political and social impacts of financial crises has focused chiefly on free market economies, hindering our understanding of their effects in other settings. We exploit an episode of a financial crisis that hit the Israeli kibbutzim to study its impact in a socialist context....

Persistent link: https://www.econbiz.de/10014226115

Capital consumption and adjustment

Fabricant, Solomon - 1938

Persistent link: https://www.econbiz.de/10000563668

Capitalists in the Twenty-First Century

Smith, Matthew - 2019

How important is human capital at the top of the U.S. income distribution? A primary source of top income is private "pass-through" business profit, which can include entrepreneurial labor income for tax reasons. This paper asks whether top pass-through profit mostly reflects human capital,...

Persistent link: https://www.econbiz.de/10012479398

Civic Capital as the Missing Link

Guiso, Luigi - 2010

This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...

Persistent link: https://www.econbiz.de/10012462807

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