Showing 1 - 10 of 1,879
In this contribution we study the relationship between income inequality and economic freedom for a panel of 100 … economic freedom, while causation does not run in the opposite direction. We argue that the negative effect of inequality on … resources. The elite uses this power to curtail economic freedom to defend its economic interests by discouraging innovation …
Persistent link: https://www.econbiz.de/10012999751
There has been much study of the consequences of economic freedom but, outside of the role of political institutions …, there has been little study of the determinants of economic freedom. We investigate whether religion affects economic … freedom. Our cross-sectional dataset includes 137 countries averaged over the period 2001-2010. Simple correlations show that …
Persistent link: https://www.econbiz.de/10012984498
Persistent link: https://www.econbiz.de/10005405896
A substantial number of regulatory frameworks are commonly viewed by impartial observers as inordinately complex. Is there an explanation for this phenomenon? Employing a partial equilibrium model, this paper approaches the problem of complexity from a political-economy vantage point. It...
Persistent link: https://www.econbiz.de/10010877637
We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution by feet and then learn their productivity and invest. We vary the individuals’ information about their productivities at the time when they choose a distribution rule and...
Persistent link: https://www.econbiz.de/10010877661
Formal and informal institutions are often viewed as complements or substitutes in empirical and theoretical works. However, no evidence of complementarities or substitutes is found in our empirical analysis of the interrelation between formal and informal decentralization across 64 provinces of...
Persistent link: https://www.econbiz.de/10009645635
We document that trust in public institutions—and particularly trust in banks, business and government—has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear...
Persistent link: https://www.econbiz.de/10008872215
I present the following proposal: information revealed during non-cartel investigations by competition law enforcement authorities, such as evaluation of M&As or investigation of monopolization (dominance) conduct, should be directly used to investigate and prosecute cartels. Currently, in...
Persistent link: https://www.econbiz.de/10009147742
This paper scrutinizes the recently postulated link between the European Marriage Pattern (EMP) and economic success. A metastudy of the historical demography literature shows that the EMP did not prevail throughout Europe, its three key components did not always coincide, and its more extreme...
Persistent link: https://www.econbiz.de/10010659185
The growing demand for plasma, especially for the manufacture of therapeutic products, creates an urgent need for a careful discussion on the relative merits of different procurement and allocation systems in a way that addresses the increasing demand while abiding by the prevailing moral values...
Persistent link: https://www.econbiz.de/10012915615