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in the United States. We also find that inequality has increased substantially more in Russia than in China and other ex …-income taxpayers) in order to provide consistent series on the accumulation and distribution of income and wealth in Russia from the …-communist countries in Eastern Europe. We relate this finding to the specific transition strategy followed in Russia. According to our …
Persistent link: https://www.econbiz.de/10012453999
The main focus of this paper is on the process and progress of economic reform in Russia. But I start with four … historical questions that bear on the current situation. How advanced was Russia in 1913? What relevance, if any, does the New … 1970s and 1980s? What role did Gorbachev's policies play in bringing about the final collapse of the Soviet Union? Russia …
Persistent link: https://www.econbiz.de/10012474902
best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude … gained from trade, and by some measures, more so than China. We sketch out a theory in which developing countries can grow … continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …
Persistent link: https://www.econbiz.de/10012462077
This paper reviews recent literature on China's macroeconomic development, emphasizing the critical role of the … gradualist approach over the past four decades. Beyond China's structural transformation, we explore various aspects such as high … illustrates how China's gradual policy reforms, amidst highly imperfect financial markets, have effectively helped spur GDP growth …
Persistent link: https://www.econbiz.de/10014322782
In China, local governments have actively contributed to the growth of new firms. In Russia, local governments have … present in China, but not in Russia. Transition in China has taken place under the tight control of the communist party. As a … behavior of local governments in Russia. First, capture by old firms, leading local governments to protect them from …
Persistent link: https://www.econbiz.de/10012471154
attacks and crime-related shootings. The primary finding of our analysis is the importance of separating these types of … attacks and crime-related shootings. Analyses that ignore these distinctions or focus on a particular type may provide a …
Persistent link: https://www.econbiz.de/10012479252
Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth inequality and dynamics. Here we analyse the two concepts in a comparative perspective for the same individuals in Italy and the U.S. over the last two decades. Contrary to our...
Persistent link: https://www.econbiz.de/10012480471
We study the spillover effects of prescription drug monitoring programs (PDMPs) on crime, and in the process inform how … of controlled substances. Using information on offenses known to law enforcement and arrests from the Uniform Crime … Reports (UCR), combined with a difference-in-differences empirical strategy, we find that PDMPs reduced overall crime by 5 …
Persistent link: https://www.econbiz.de/10012480628
A growing number of American children are exposed to gun violence at their schools, but little is known about the impacts of this exposure on their human capital attainment and economic well-being. This paper studies the causal effects of exposure to shootings at schools on children's...
Persistent link: https://www.econbiz.de/10012482529
We observe that countries where belief in the "American dream" (i.e., effort pays) prevails also set harsher punishment for criminals. We know from previous work that beliefs are also correlated with several features of the economic system (taxation, social insurance, etc). Our objective is to...
Persistent link: https://www.econbiz.de/10012466020