from this safety net, and the presence of unemployed members pulls many households supporting them into poverty. We also …

This paper focuses on the role of "institutions" in the fight against poverty and inequality. Our view of institutions … of poverty, inequality and institutions are expounded on a priori reasoning, empirical analysis with LAC data prove …'s civilisation. The inclusion of health, nutrition, and literacy indicators in defining well-being (or, non-income poverty à la …

also imply, however, that this reduction in income inequality comes at a cost. High partcipartion rates are related to …

facto JI focusing on countries' actually experience. Whether JI affects economic growth is tested for a cross section of 57 … countries. While de iure JI does not have an impact on real GDP growth per capita growth, de facto JI positively influences it. …

structural change, new firms and innovations and therefore possibly also nowadays for employment growth. …

In this paper we study the link between elections, fiscal policy and economic growth/fluctuations. The set-up is a … dynamic stochastic general equilibrium model of growth and endogenously chosen fiscal policy, in which two political parties … economic growth. The model is estimated using quarterly data for Germany, the UK and the US from 1960 to 1999. Our econometric …

relationship between inflation, finance, and economic growth across countries, arguing that long-run growth considerations provide …. Third, I review some further aspects of the relationship between fiscal policy and economic growth, emphasizing the … growth. The argument leads to the conclusion that only the stabilization function of fiscal policy and perhaps also some …

There is much disagreement about both the facts and the explanations of income inequality. Even if we confine attention … to OECD countries, we find people arguing that there has been a great U-turn, with inequality rising sharply after its … countries. It is widely believed that rising inequality is attributable to technological change and to globalisation. The second …

the growth and size of the shadow economy. If the shadow economy increases by one percent the annual growth rate of the …