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Government Spending and Tax Revenue Decentralization and Public Sector Efficiency : Do Natural Disasters Matter?

Afonso, António; Jalles, João Tovar; Venâncio, Ana - 2023

empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government … estimate the effect of decentralization on public sector efficiency and how extreme natural disasters mediate this relationship …. The sample covers 36 OECD countries between 2006 and 2019. Our results show that tax revenue decentralization decreases …

Persistent link: https://www.econbiz.de/10014356487

Inequality Undermines Democracy and Growth

Gylfason, Thorvaldur - 2019

Income equality and trust seem to go along with several other ingredients of social capital as determinants of economic growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank and by The Standardized World Income Inequality...

Persistent link: https://www.econbiz.de/10012892099

How Economic Growth Impinges on Income Inequalities?

Alves, José; Coelho, Jose Carlos; Roxo, Alexandre - 2022

Performing a panel data analysis for OECD countries, during the period between 1990 and 2019, this article investigates the relationship between economic growth and income inequalities. The main objective is to understand how the GDP and GNI per capita affect income inequality and how they...

Persistent link: https://www.econbiz.de/10014264446

Indebted Demand

Mian, Atif R. - 2020

a two-agent overlapping-generations model, we find that recent trends in income inequality and financial liberalization …

Persistent link: https://www.econbiz.de/10012836950

The College Wealth Divide : Education and Inequality in America, 1956-2016

Bartscher, Alina K. - 2019

Using new long-run microdata, this paper studies wealth and income trends of college and non-college households in the United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is considerably larger than the college income premium. Over...

Persistent link: https://www.econbiz.de/10012866555

The Social Cost of Carbon and Inequality : When Local Redistribution Shapes Global Carbon Prices

Kornek, Ulrike - 2019

The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of...

Persistent link: https://www.econbiz.de/10012870643

Capital Income Risk and the Dynamics of the Wealth Distribution

Khieu, Hoang - 2019

Labour income follows a deterministic growth trend and fluctuates between two values. Interest rates are drawn initially, fluctuate between two values and can differ in their arrival rates. Low interest rates imply a stationary long-run wealth distribution, high interest rates imply exploding...

Persistent link: https://www.econbiz.de/10012857913

Trade Openness and Income Inequality : New Empirical Evidence

Dorn, Florian; Fuest, Clemens; Potrafke, Niklas - 2021

We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...

Persistent link: https://www.econbiz.de/10013218286

Your Place in the World - Relative Income and Global Inequality

Fehr, Dietmar; Mollerstrom, Johanna; Perez-Truglia, Ricardo - 2021

There is abundant evidence on individual preferences for policies that reduce national inequality, but only little evidence on preferences for policies addressing global inequality. To investigate the latter, we conduct a two-year, face-to-face survey experiment on a representative sample of...

Persistent link: https://www.econbiz.de/10013231987

Economic Inequality and COVID-19 Death Rates in the First Wave, a Cross-Country Analysis

Davies, James B. - 2021

The cross-country relationship between Covid-19 crude mortality rates and previously measured income inequality and poverty in the pandemic’s first wave is studied, controlling for other underlying factors, in a sample of 141 countries. An older population, fewer hospital beds, lack of...

Persistent link: https://www.econbiz.de/10013237221