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freedom is frequently associated with electoral democracy, developments in countries such as Hungary, Poland, Turkey and … Russia, where elected populist leaders with authoritarian tendencies rule, suggest that electoral democracy may not be the … provide a firmer foundation. We investigate empirically how electoral democracy and judicial independence relate to personal …
Persistent link: https://www.econbiz.de/10012145494
The goal of this paper is twofold: First, to develop an estimable model of legislative politics in the US Congress, second, to provide a greater understanding of the objectives behind the New Deal. In the theoretical model, the distribution of federal funds across regions of the country is the...
Persistent link: https://www.econbiz.de/10010320178
effects of its own investment, while treating other countries' investments as given. Average world growth is endogenous, as is …
Persistent link: https://www.econbiz.de/10010320350
Does democracy increase economic growth? Previous literature tends to find a positive effect but does also suffer from … impact on economic growth. This paper narrows down the question to empirically estimating the causal effect of local … elections on local economic growth in Indonesia by using a quasi-experimental research method. The first direct elections of …
Persistent link: https://www.econbiz.de/10010504494
equal outcomes, while the feedback from inequality to trust is ambiguous. Using a structural equations model estimated on a …. We conclude that while trust facilitates welfare state policies that may reduce net inequality, this decrease in … inequality does not increase trust. …
Persistent link: https://www.econbiz.de/10010335612
, but previously understudied, situation where there is uncertainty about whether inequality is reflecting performance or … uncertainty about the source of inequality provides a strong egalitarian pull on the behavior of meritocrats. In addition, the …
Persistent link: https://www.econbiz.de/10012145502
The large increase in economic inequality and the dismantling of the welfare state in Western democracies has been … care more about procedural fairness than inequality of economic outcomes, national income inequality should be less …/welfare state size, we find no relationship between country-level economic inequality, as measured by the disposable income Gini …
Persistent link: https://www.econbiz.de/10012703453
Amidst considerable debate on the relationship between entrepreneurship and economic inequality, scholarship only …
Persistent link: https://www.econbiz.de/10012703462
Several studies have linked rising insolvency rates to increasing inequality and argued that this might be explained by …, I test whether the probability to become insolvent is related to inequality in one's reference group or to one's income … varying the definition of relevant reference groups. I find that there is a positive relationship between inequality and …
Persistent link: https://www.econbiz.de/10012615442
We show theoretically that the poor can benefit from price changes induced by higher income inequality. As the number … price of rice and Big Mac hamburgers, we confirm the relationship between inequality and purchasing power of the poor, and …
Persistent link: https://www.econbiz.de/10010320214