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Self-Serving Dictators and Economic Growth

Haile, D.; Sadrieh, A.; Verbon, H.A.A. - Tilburg University, Center for Economic Research - 2003

dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator.No such effect is observed … when the inequality is increased by a fair procedure.Our regression analysis provides basic macroeconomic support for the … adverse growth effect of the interaction between the degree and the genesis of inequality.We conclude that economies giving …

Persistent link: https://www.econbiz.de/10011091093

How Good is Growth for the Poor? The Role of Initial Income Distribution in Regional Diversity in Poverty Trends

Kalwij, A.S.; Verschoor, A. - Tilburg University, Center for Economic Research - 2004

$2 a day poverty headcount measure to changes in mean income and inequality significantly decreases with initial … inequality and the ratio poverty line over mean income - taken as proxies for the initial density of income near the poverty line … in poverty reduction across regions, the impact of variations in inequality and in elasticities of poverty is almost …

Persistent link: https://www.econbiz.de/10011090746

Optimal Product Variety, Scale Effects and Growth

de Groot, H.L.F.; Nahuis, R. - Tilburg University, Center for Economic Research - 1997

We analyze the social optimality of growth and product variety in a model of endogenous growth. The model contains two sectors, one assembly sector producing a homogenous consumption good, and one intermediate goods sector producing a differentiated input used in the assembly sector. Growth...

Persistent link: https://www.econbiz.de/10011090945

Environmental Quality, the Macroeconomy and Intergenerational Distribution

Heijdra, B.J.; Kooiman, J.P.; Ligthart, J.E. - Tilburg University, Center for Economic Research - 2004

Persistent link: https://www.econbiz.de/10011091719

Behavioral Decisions and Welfare (Replaces CentER DP 2010-22)

Dalton, Patricio Santiago; Ghosal, S. - Tilburg University, Center for Economic Research - 2010

If decision-makers (DMs) do not always do what is in their best interest, what do choices reveal about welfare? This paper shows how observed choices can reveal whether the DM is acting in her own best interest. We study a framework that relaxes rationality in a way that is common across a...

Persistent link: https://www.econbiz.de/10011091784

Pareto Improving Price Regulation when the Asset Market is Incomplete

Herings, P.J.J.; Polemarchakis, H.M. - Tilburg University, Center for Economic Research - 1999

When the asset market is incomplete, competitive equilibria are constrained suboptimal, which provides a scope for pareto improving interventions. Price regulation can be such a pareto improving policy, even when the welfare effects of rationing are taken into account. An appealing aspect of...

Persistent link: https://www.econbiz.de/10011091905

Environmental Abatement and Intergenerational Distribution

Bovenberg, A.L.Bovenberg; Heijdra, B.J. - Tilburg University, Center for Economic Research - 1998

This paper employs an overlapping generations model to explore the impact of public abatement on private investment and the intergenerational distribution of welfare. Whereas public abatement benefits old generations in terms of non-environmental welfare, future generations gain most in terms of...

Persistent link: https://www.econbiz.de/10011091908

Aggregation without the Aggravation? Nonparametric Analysis of the Representative Consumer

Cherchye, L.J.H.; Crawford, I.; de Rock, B.; Vermeulen, … - Tilburg University, Center for Economic Research - 2011

Abstract: In the tradition of Afriat (1967), Diewert (1973) and Varian (1982), we provide a revealed preference characterisation of the representative consumer. Our results are simple and complement those of Gorman (1953, 1961), Samuelson (1956) and others. They can also be applied to data very...

Persistent link: https://www.econbiz.de/10011091961

Economic Freedom and Life Satisfaction : A Cross Country Analysis

Graafland, Johan; Compen, B. - Tilburg University, Center for Economic Research - 2012

Abstract: This paper estimates the relationship between various sub-indicators of economic freedom and life satisfaction for 122 countries. The estimation results show that life satisfaction is positively related to the quality of the legal system and protection of property rights. For poor...

Persistent link: https://www.econbiz.de/10011092452

Behavioral Decisions and Policy

Dalton, Patricio Santiago; Ghosal, S. - Tilburg University, Center for Economic Research - 2010

We study the public policy implications of a model in which agents do not fully internalize all the conscequences of their actions. Such a model uni es seemingly disconected models with behavioral agents. We evaluate the scope of paternalistic and libertarian-parternalistic policies in the light...

Persistent link: https://www.econbiz.de/10011092671