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there is much concern about local capture in communities with large inequality, the ease of identifying the poor could …
Persistent link: https://www.econbiz.de/10005032850
We propose a market-for-offenses model of property crime, which explicitly accounts for protection expenditures among heterogeneous individuals. The crime equilibrium is modeled as a free-access equilibrium in which the match between criminals and victims equates the average returns to crime. We...
Persistent link: https://www.econbiz.de/10005504660
The central question in taxation and development is: "how does a government go from raising around 10% of GDP in taxes to raising around 40%"? This paper looks at the economic and political forces that shape the way that fiscal capacity is created and sustained. As well as reviewing the...
Persistent link: https://www.econbiz.de/10011083455
model also generates new empirical implications on the joint dynamics of income inequality, output and political variables. …
Persistent link: https://www.econbiz.de/10005667096
It is a persistent finding in psychology and experimental economics that people's behavior is not only shaped by outcomes but also by decision-making procedures. In this paper we develop a general framework capable of modelling these procedural concerns. Within the context of psychological games...
Persistent link: https://www.econbiz.de/10005039581
theoretical model in which it is positively related to income inequality, more so under weak institutions, and is negatively … informal sector, income inequality, and institutional quality. The results are shown to be robust with respect to a variety of …
Persistent link: https://www.econbiz.de/10005123893
This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a …
Persistent link: https://www.econbiz.de/10005124033
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
In this paper we focus on the implications of consumer heterogeneity for whether competition will improve outcomes in health care markets. We show that competition generally favours the majority group as higher quality for the majority is an effective way to increase the quality signal and...
Persistent link: https://www.econbiz.de/10011083309
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