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Trust, growth and well-being : new evidence and policy implications

Algan, Yann; Cahuc, Pierre - 2013

This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust … market and the product market. The last part reviews recent progress to identify how institutions and policies can affect …

Persistent link: https://www.econbiz.de/10009763283

Factor shares, redistribution and growth in a captured democracy

Vindigni, Andrea - 2024

A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...

Persistent link: https://www.econbiz.de/10014461501

Alberto Alesina (1957-2020) : man, researcher, Professor of Economics, popularizer

Vindigni, Andrea - 2023

This paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...

Persistent link: https://www.econbiz.de/10014390535

Past dominations, current institutions and the Italian regional economic performance

Di Liberto, Adriana; Sideri, Marco - 2015

We study the connection between economic performance and the quality of government institutions for the sample of 103 … unified Italian State. Our results suggest that past historical institutions play a significant role on the current public … confirms that the quality of institutions matters for development, and that history can be used to find suitable instruments. …

Persistent link: https://www.econbiz.de/10010469675

Roots of autocracy

Galor, Oded; Klemp, Marc P. B. - 2017

-colonial autocratic institutions within ethnic groups and the emergence of autocratic institutions across countries. Diversity has … amplified the importance of institutions in mitigating the adverse effects of non-cohesiveness on productivity, while … contributing to the scope for domination, leading to the formation of institutions of the autocratic type. …

Persistent link: https://www.econbiz.de/10011670896

Euroskepticism in the crisis : more mood than economy

Ritzen, Jozef M. M.; Zimmermann, Klaus F.; Wehner, Caroline - 2014

Before the Great Recession, rising income inequality within the European Union member states has been considered to be one driver for an increasing Euroskepticism. Using rich data on attitudes towards European integration from the Eurobarometer (EB) surveys, we revisit the issue by analyzing the...

Persistent link: https://www.econbiz.de/10010252653

Does wealth inequality matter for growth? : the effect of billionaire wealth, income distribution, and poverty

Bagchi, Sutirtha; Švejnar, Jan - 2013

A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth inequality from Forbes magazine's listing of billionaires and...

Persistent link: https://www.econbiz.de/10010211159

The political U : new evidence on democracy and income

Campos, Nauro; Coricelli, Fabrizio; Frigerio, Marco - 2022

This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between political and economic development is U-shaped: "intermediate" political regimes significantly lead to inferior economic...

Persistent link: https://www.econbiz.de/10013412764

Innovation, inequality and a golden rule for growth in an economy with Cobb-Douglas function and an R&D sector

Welfens, Paul J. J. - 2015

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The combination of a macroeconomic production function and...

Persistent link: https://www.econbiz.de/10010510592

Recoupling economic and social prosperity

Lima de Miranda, Katharina; Snower, Dennis J. - 2020

This paper explores a new theoretical and empirical approach to the assessment of human well-being, relevant to current challenges of social fragmentation in the presence of globalization and technological advance. We present two indexes of well-being - solidarity (S) and agency (A) - to be...

Persistent link: https://www.econbiz.de/10012178514

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