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groups over group-specific targeted benefits financed by generalized taxation. These models predict that governments … - that of populist pressure on political parties to spend more on the general public good, financed by costly income taxation …
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Using firm-level data covering 709 cities in 128 countries, this paper examines the role of a comprehensive list of business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis finds basic protection, access to finance and...
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economies as debt rises above 50 percent of GDP. Moreover, the relationship vanishes in high-debt countries when the countries …
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