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Monetary Policy, Inequality and Political Instability

Duarte, Pablo - 2018

Based on the concepts of justice by Hayek, Rawls and Buchanan we argue that the growing political dissatisfaction in industrialized countries is rooted in the asymmetric pattern in monetary policies since the 1980s for two reasons. First, the structurally declining interest rates and the...

Persistent link: https://www.econbiz.de/10012930616

Political Capitalism : The Interaction between Income Inequality, Economic Freedom and Democracy

Krieger, Tim - 2016

democracy, where a powerful economic elite cooperates with politicians and bureaucrats for their mutual benefit …

Persistent link: https://www.econbiz.de/10012999751

Explaining Inequality between Countries : The Declining Role of Political Institutions

Hussey, Andrew - 2017

Within the fundamental determinants of cross-country income inequality, ‘humanly devised' political institutions … inequality explainable by differences in political institutions, we decompose annual cross-country Gini coefficients for 95 … countries (representing 85 percent of the world population) from 1960-2012. Since 1988, inequality has marginally decreased …

Persistent link: https://www.econbiz.de/10012962120

Finance and Income Inequality : A Review and New Evidence

de Haan, Jakob - 2016

the impact of financial liberalization on inequality. Also the quality of political institutions conditions the impact of … financial liberalization on income inequality, in contrast to the quality of economic institutions. Our main findings are robust …

Persistent link: https://www.econbiz.de/10012980576

Soft Paternalism, Merit Goods, and Normative Individualism

Kirchgässner, Gebhard - CESifo - 2014

Paternalism is an attempt to influence individuals’ decisions for their own benefit, even if there are no third parties involved. This seems to contradict normative individualism, which provides the general orientation to our modern democracies. Soft or libertarian paternalism accepts the...

Persistent link: https://www.econbiz.de/10010752158

Educational Inequality and Public Policy Preferences : Evidence from Representative Survey Experiments

Lergetporer, Philipp - 2018

To study how information about educational inequality affects public concerns and policy preferences, we devise survey experiments in representative samples of the German population. Providing information about the extent of educational inequality strongly increases concerns about educational...

Persistent link: https://www.econbiz.de/10012908788

A Lipsetian Theory of Democratization : Development, Education, Inequality, and Resources

Boucekkine, Raouf - 2017

The paper reexamines Lipset's theory of democratization, by distinguishing the role of (economic) development from that of education, inequality, and (natural) resources. We highlight two contrasting effects of education and human capital accumulation. On the one side, education prompts economic...

Persistent link: https://www.econbiz.de/10012963389

Social Polarization and Partisan Voting in Representative Democracies

Duell, Dominik - 2018

While scholars and pundits alike have expressed concern regarding increasing social polarization based on partisan identity, there has been little analysis of how social polarization impacts voting. In this paper, we incorporate social identity into a principal-agent model of political...

Persistent link: https://www.econbiz.de/10012915567

Commodity Price Volatility, Democracy and Economic Growth

Arezki, Rabah - 2013

. Our results hold true when using indicators capturing the quality of economic institutions in lieu of indicators of … political institutions …

Persistent link: https://www.econbiz.de/10013092229

Free Trade Agreements and the Consolidation of Democracy

Liu, Xuepeng - 2013

We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy …

Persistent link: https://www.econbiz.de/10013086606

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