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-biased technological progress and use cross-country panel data on inequality and GDP to test these ideas. A one-year increase in the level …
Persistent link: https://www.econbiz.de/10011255487
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10011255579
inequality. This paper presents an experiment which disentangles concerns for risk and inequality in a social risk context … terms of dispersion. We disentangle four types of dispersion: ex ante inequality, ex post inequality, individual risk, and … collective risk. The results show that people are averse towards ex ante inequality and individual risk, whereas they are ex post …
Persistent link: https://www.econbiz.de/10011256490
well-being is much less investigated. It is argued that the concept of well-being inequality cannot be properly defined … concept of inequality in happiness or SWB. Finally, we plead for an extension of the present happiness paradigm by setting up … href="http://www.springerlink.com/content/ak4r54626380774p/">Journal of Economic Inequality</A>. …
Persistent link: https://www.econbiz.de/10011256511
In this paper, the concept of Income Satisfaction Inequality is operationalized on the basis of individual responses to … analogue of the objective income concept and includes objective income inequality as a special case. The paper introduces a … method to decompose Income Satisfaction Inequality according to the contributions from variables such as income, education …
Persistent link: https://www.econbiz.de/10011256672
This discussion paper led to a publication in 'Public Choice', 129, 435-460.<P> Democracies delegate substantial decision power to politicians. Using a model in which an incumbent can design, examine and implement public policies, we show that examination takes place in spite of, rather than thanks...</p>
Persistent link: https://www.econbiz.de/10011255916
This paper provides empirical evidence that campaign contributions arestrongly associated with market expectations of future firm-specific political favors,including preferential access to external financing. Using a novel dataset, we find thatfirms in Brazil providing contributions in the 1998...
Persistent link: https://www.econbiz.de/10011256939
This discussion paper has resulted in a chapter in: (R.U. Ayres, D. Simpson, and M. Toman (eds.)), Scarcity and Growth …
Persistent link: https://www.econbiz.de/10011255838
(Watts and Strogatz, Nature, 1998) into the theory of economic growth and investigates how increasing economic integration … institutions are needed to keep entrepreneurs in check. A gradual take-off to perpetual growth is explained by a feedback effect … stagnation differs from balanced growth by the presence of relatively many small firms of low productivity. …
Persistent link: https://www.econbiz.de/10011255851
growth opportunities. Also,higher accountability and lower income inequality are associated with more ef-fective legal …
Persistent link: https://www.econbiz.de/10011256172