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We provide an experimental test of theories to explain differences in redistribution preferences across countries. We involved participants in standardized situations of redistribution in four Western countries, varying the relevance of self-interest and uncertainty over initial earnings. Demand...
Persistent link: https://www.econbiz.de/10013336228
When individual or household incomes are collected for administrative or scientific surveys, the reference period of income is sometimes a month, sometimes a quarter, and sometimes a year. This reference period of income likely affects the shape of the distribution and derived measures of...
Persistent link: https://www.econbiz.de/10009552299
One key focus of the on-going debate on the integration of international financial markets have been measures to lengthen the maturity of foreign debt. Short-term debt is typically considered to be volatile and thus a potential trigger of currency crises. In contrast to the vivid policy debate...
Persistent link: https://www.econbiz.de/10011472278
Persistent link: https://www.econbiz.de/10001760390
We use factor analysis to derive a robust measure of religiosity from items reported in five waves of the World Value Survey. Our measure of religiosity is negatively correlated with per capita income. Development apparently causes religiosity to fall to about half its pre-modern level. Most...
Persistent link: https://www.econbiz.de/10003929475
The paper considers the transformation of the political system as countries pass through the Grand Transition from a poor developing country to a wealthy developed country. In the process most countries change from an authoritarian to a democratic political system. This is shown by using the...
Persistent link: https://www.econbiz.de/10003764598
The Special Report on Emissions Scenarios (SRES) has been widely used to analyze climate change impacts, vulnerability and adaptation. The storylines behind these scenarios outline alternative development pathways, which have been the base for climate research and other studies at global,...
Persistent link: https://www.econbiz.de/10008736186
This paper argues that previous cross-country (panel) studies on the relationship between income inequality and health suffer from significant biases due to (i) omitted country-specific factors, (ii) endogeneity, and (iii) cross-country heterogeneity in the impact of inequality on health. Using...
Persistent link: https://www.econbiz.de/10009310846
We test for different theories purporting to explain cross-country differences in income redistribution through standardized experimental choices. US Americans and Italians demand less redistribution than Norwegians and Germans, regardless of whether self-interest is relevant. Those earning (or...
Persistent link: https://www.econbiz.de/10013488838
This paper solves one of the puzzles in the analysis of regional and industrial distributions of economic activity, the discrepancy between absolute and relative measures. It shows that the difference between an absolute and a relative Theil index of localization can be expressed in terms of...
Persistent link: https://www.econbiz.de/10008699611