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Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … entrepreneurs (thus greater inequality) increases entrepreneurial e¤ort and hence a country’s contribution to the world technology … “cutthroat”capitalism that generates greater inequality and more innovation and will become the technology leaders, while others …
Persistent link: https://www.econbiz.de/10011083861
curve in many Western economies during this period, with the fall in inequality following redistribution due to …
Persistent link: https://www.econbiz.de/10005791338
redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of inequality consolidate …
Persistent link: https://www.econbiz.de/10005661707
redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of unequality consolidate …
Persistent link: https://www.econbiz.de/10005574256
Acemoglu, Johnson, Robinson, and Yared (2008) demonstrate that estimation of the standard adjustment model with country-fixed and time-fixed effects removes the statistical significance of income as a causal factor of democracy. We argue that their empirical approach must produce insignificant...
Persistent link: https://www.econbiz.de/10003764592
Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … entrepreneurs (thus greater inequality) increases entrepreneurial effort and hence a country's contribution to the world technology … “cutthroat” capitalism that generates greater inequality and more innovation and will become the technology leaders, while others …
Persistent link: https://www.econbiz.de/10012825884
During Egypt's Arab Spring, unprecedented popular mobilization and protests brought down Hosni Mubarak's government and ushered in an era of competition between three groups: elites associated with Mubarak's National Democratic Party (NDP), the military, and the Islamist Muslim Brotherhood....
Persistent link: https://www.econbiz.de/10013006014
This paper argues that openness to new, unconventional and disruptive ideas has a first-order impact on creative innovations-innovations that break new ground in terms of knowledge creation. After presenting a motivating model focusing on the choice between incremental and radical innovation,...
Persistent link: https://www.econbiz.de/10013034169
During Egypt's Arab Spring, unprecedented popular mobilization and protests brought down Hosni Mubarak's government and ushered in an era of competition between three groups: elites associated with Mubarak's National Democratic Party (NDP), the military, and the Islamist Muslim Brotherhood....
Persistent link: https://www.econbiz.de/10010960442
This paper argues that openness to new, unconventional and disruptive ideas has a first-order impact on creative innovations — innovations that break new ground in terms of knowledge creation. After presenting a motivating model focusing on the choice between incremental and radical...
Persistent link: https://www.econbiz.de/10014037649