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Notably, the 20th century was dominated by the legacy of devastating global wars, colonial struggles, and ideological conflicts as well as effort s to establish international systems that would foster global peace and prosperity. Yet, insecurity and corruption not only remain, they have become...
Persistent link: https://www.econbiz.de/10011112282
-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle … class increases (measured as the proportion of people with income above 10 US Dollars a day in PPP terms), social policy on …
Persistent link: https://www.econbiz.de/10011279274
cross-country panel dataset containing detailed information on the distribution of income and expenditure. When the size of … the middle class increases (measured as the proportion of people with income above 10 US dollars a day in purchasing power …
Persistent link: https://www.econbiz.de/10010594090
We examine the impact of the values respect for others and responsibility on productivity and the accumulation of physical and human capital for a sample of 58 countries. We find that these two core values are important and that their impact is substantial. Respect for others works primarily...
Persistent link: https://www.econbiz.de/10008541503
interpersonal income comparisons, and thereby tends to increases the desire for pro-social legislation, a position he supports by … growth rate and negatively related to the change in income inequality. We conclude by discussing the implications of these …
Persistent link: https://www.econbiz.de/10010664649
This paper examines whether countries with higher income have less corruption. Earlier studies, utilizing pure cross …-section regressions, establish a strong association between income and corruption but do not consider factors (presumably, long … for such factors, we show that the statistical association between income and corruption disappears. …
Persistent link: https://www.econbiz.de/10011278752
This paper analyzes a heterogeneous-agents endogenous-growth model incorporating both transaction costs and social capital. An individual can either become an active part of the society¡¯s middle-class networks of trust and mutual co-operation, thus making a positive contribution to overall...
Persistent link: https://www.econbiz.de/10010640628
class which is based on sound principles of distributional analysis and derived from income polarization measures. The …
Persistent link: https://www.econbiz.de/10010897708
self-reported income. It focuses on the middle class because persons of all income levels show a strong bias towards … just with income, but with all forms of wealth, be it personal capabilities, interpersonal relations, financial and …
Persistent link: https://www.econbiz.de/10010827897
Some approaches to measuring the middle class are based on an arbitrary definition such as income quartiles or the … during the 1994-2004 and 2004-2010 periods. During the first period, characterized by increasing income inequality, the … middle class declines and income polarization increases. In the second period, which includes the recovery from the 2002 …
Persistent link: https://www.econbiz.de/10011082570