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can thus increase inequality in the long-run. Depending on the elasticity of substitution between capital and unskilled … show that including the transition period in the welfare evaluation lowers the inequality effects of capital tax reduc …
Persistent link: https://www.econbiz.de/10010277356
appears to have caused a high degree of economic inequality, and democratization in the form of franchise expansion has … between other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience …
Persistent link: https://www.econbiz.de/10010314955
While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …
Persistent link: https://www.econbiz.de/10010315083
captures the main patterns of inequality, between and within the social groupings. We find that the effects of peer pressure on … within-group inequality differ between groups. We also find that wealth and consumption inequality increase within groups who … aspire to match social targets from a higher class, despite a reduction in within-group inequality in hours and earnings. …
Persistent link: https://www.econbiz.de/10012141039