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Internal versus external rent-seeking with in-group inequality and public good provision
Bakshi, Dripto; Dasgupta, Indraneel - 2021
We examine how inequality in the endowment of secure wealth, mediated through voluntary public good provision, affects rent-seeking within and between groups. We model a scenario where two communities, each internally differentiated into rich, intermediate and poor segments, contest one another...
Persistent link: https://www.econbiz.de/10012703084
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Human capital investment and globalization in extortionary states
Andersson, Fredrik; Konrad, Kai A. - 2001
This paper considers education investment and public education subsidies in closed and open economies with an … extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome … their education policies if highly productive labor is fully mobile. Extortionary governments' incentives for education …
Persistent link: https://www.econbiz.de/10011339679