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impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show … that vote-buying contributes to the persistence of poverty as taxed wealthy people buy votes from poor people. We then show …
Persistent link: https://www.econbiz.de/10003762209
established, including a poverty trap, wherein children work full-time and no human capital accumulation takes place, with … continuous growth at an asymptotically steady rate as an alternative. We show that a society can escape from the poverty trap …
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impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show … that vote-buying contributes to the persistence of poverty as taxed wealthy people buy votes from poor people. We then show …
Persistent link: https://www.econbiz.de/10011753158
altruism, make decisions about investments in schooling and reproducible capital. A poverty trap exists for a wide range of …
Persistent link: https://www.econbiz.de/10012122104
Persistent link: https://www.econbiz.de/10008905806
We propose a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...
Persistent link: https://www.econbiz.de/10013039305