inequality, environmental protection, and growth. …? In this paper, we explore the hypothesis that societies characterised by low income inequality (such as the nordic …, income distribution influences the stringency of environmental policy and consequently the growth of a country. Individuals …

weighted Lorenz-criterion as an inequality measure. It is shown that in general there is at most one such weighted egalitarian …

of imperfect information about how the world works. We compare indirect democracy to direct democracy and to delegation … of policy making to independent agents. We find that indirect democracy is often welfare maximizing. …

growth in developing countries. Using unique survey data, we find that informal finance is associated with higher sales … growth for small firms and lower sales growth for large firms. We identify a complementary effect between informal and formal … finance for the sales growth of small firms, but not for large firms. Informal finance offers informational and monitoring …

the context of two partial equilibrium endogenous growth models. In our first model, the scale of fickle outside … investment funds traces out a meanvariance tradeoff for the growth rate of the economy. In particular, the volatility of these … regulation of outside investment may increase growth. Our second model involves increasing returns and multiple equilibria. In …