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What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical inheritance rules for land in Germany. In some German areas, inherited land was to be shared or divided equally among children, while in others land was ruled to be indivisible....
Persistent link: https://www.econbiz.de/10012288516
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
the government budget on the income distribution in Brazil, and evaluates its efficiency and effectiveness in reducing … inequality and poverty. We present BRAHMS, a new tax-benefit microsimulation model for Brazil and illustrate its use by … policy makers in emerging and developing countries in particular. -- Brazil ; inequality ; poverty ; redistribution …
Persistent link: https://www.econbiz.de/10003388216
, using city level data from Brazil. We find that stricter enforcement (affecting the payment of mandated benefits to formal …
Persistent link: https://www.econbiz.de/10003561664
The Gini coefficient of labor earnings in Brazil fell by nearly a fifth between 1995 and 2012, from 0.50 to 0.41. The …
Persistent link: https://www.econbiz.de/10011636391
We provide the first estimates of intergenerational income mobility for a developing country, namely Brazil. We measure …
Persistent link: https://www.econbiz.de/10013414601
particular regions of Brazil in the late 19th and early 20th century. We show that municipalities that received settlements …
Persistent link: https://www.econbiz.de/10011283193
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10009575162
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010423766
In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class that is based on an income threshold will adequately capture the political and social meanings of being middle class. We therefore propose a multi-dimensional definition, rooted...
Persistent link: https://www.econbiz.de/10011388311