Showing 1 - 10 of 149
This paper uses survey data for 60,000 households from 29 transition economies in 2006 and 2010 to explore how the use of banking services is related to household characteristics, as well as to bank ownership, deposit insurance and creditor protection. At the household level we find that the...
Persistent link: https://www.econbiz.de/10009205063
Globalization – improved access to integrated, anonymous markets – is claimed to crowd out cooperative relations: from reciprocal exchange to lifetime employment, from relational governance to corruption/collusion. We study how agents’ intertemporal preferences and their access to markets...
Persistent link: https://www.econbiz.de/10005136656
In choosing transparency, firms must trade off the benefits from better access to finance against the cost of a greater tax burden. We study this trade-off in a model with distortionary taxes and endogenous rationing of external finance. The evidence from two different data sets, one formed only...
Persistent link: https://www.econbiz.de/10011084492
In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining...
Persistent link: https://www.econbiz.de/10005792210
One often heard counter to the concern on rising income and wealth inequality is that it is wrong to focus on … inequality of outcomes in a “snapshot.” Intergenerational mobility and “equality of opportunity”, so the argument goes, is what … lower inequality not between individuals but between the dynasties to which they belong? And how does this pattern in turn …
Persistent link: https://www.econbiz.de/10011252615
or societal laws benefiting religious citizens. Rising income inequality can, however, lead some of the rich to form a …
Persistent link: https://www.econbiz.de/10011262883
We investigate the long term determinants of political and economic outcomes over a new data set composed of Mississippi counties. We analyze the effect of disfranchisement on voting registration at the end of the nineteenth century (1896-9), as well as the impact of voting registration on...
Persistent link: https://www.econbiz.de/10009321839
We study the evolution of racial educational inequality across US states from 1940 to 2000. We show that throughout …
Persistent link: https://www.econbiz.de/10009399722
strong incentives for product innovations (new luxuries). We show that the inequality-growth relationship depends on which …
Persistent link: https://www.econbiz.de/10008502580
This paper examines whether the expansion of higher education has reduced inequality by providing more opportunities … Maximally Maintained Inequality theory and Relative Risk Aversion theory, I use logistic regressions to analyse data collected …
Persistent link: https://www.econbiz.de/10008515765