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When estimating regional inequality, many economists use inequality indices weighted by the regions' shares in the national population. Although this approach is widespread, its adequacy has not received attention in the regional science literature. This paper proves that such approach is...
Persistent link: https://www.econbiz.de/10012943787
This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
employs bivariate cointegration methodology to examine the long-term relationship between inflation index and the different …
Persistent link: https://www.econbiz.de/10011259909
government and economic activities is inflation perfectly guaranteed not to accelerate. A truly independent central bank is …
Persistent link: https://www.econbiz.de/10005790152
Switzerland's system of industrial relations was for a long time synonymous for stability. Once the system of collective bargaining had been put into place at the beginning of the 1950s, Swiss trade unions settled into their role as subordinate partners in decentralized and consensual industrial...
Persistent link: https://www.econbiz.de/10008552825
inflation, economic activity, and budget deficit, was also performed. …
Persistent link: https://www.econbiz.de/10009325656
We contrast the influence of demography and central bank independence on inflation. The recent demographic trends in … developed countries are shown to weight more on inflation than central bank independence, while the contrary stands for the …
Persistent link: https://www.econbiz.de/10005789482
Conventional wisdom argues that the relation between central bank independence (CBI) and inflation is negative. However …, empirical studies based upon regressing inflation rates on CBI tend to reject this hypothesis and show that there is no negative … relationship. This article investigates the effect of CBI on inflation by quantile regression. The empirical result shows that the …
Persistent link: https://www.econbiz.de/10009004160
Institutions are important for the analysis of the association between the deficits and inflation. This study used …
Persistent link: https://www.econbiz.de/10011157004
Since the “third wave” of democratization began in 1974, nearly 100 states have adopted democratic forms of government, including, of course, most of the former Soviet bloc nations. Policy-makers in the west have expressed the hope that this democratic wave will extend even further, to the...
Persistent link: https://www.econbiz.de/10005622029