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democracy, where a powerful economic elite cooperates with politicians and bureaucrats for their mutual benefit. …
Persistent link: https://www.econbiz.de/10011403647
democracy, where a powerful economic elite cooperates with politicians and bureaucrats for their mutual benefit. …
Persistent link: https://www.econbiz.de/10011411131
Ideology, as proxied by a country's dominant religion, seems to be related to inequality. In Judeo-Christian societies … increased democratization appears to lower inequality; in Muslim and Confucian societies it has an insignificant effect. One …
Persistent link: https://www.econbiz.de/10010524072
While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …
Persistent link: https://www.econbiz.de/10011397917
Persistent link: https://www.econbiz.de/10012390980
democracy, where a powerful economic elite cooperates with politicians and bureaucrats for their mutual benefit …
Persistent link: https://www.econbiz.de/10012903753
appears to have caused a high degree of economic inequality, and democratization in the form of franchise expansion has … between other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience …
Persistent link: https://www.econbiz.de/10013321346
democracy, where a powerful economic elite cooperates with politicians and bureaucrats for their mutual benefit …
Persistent link: https://www.econbiz.de/10012999751
The median voter hypothesis plays an important role in endogenous growth theories. It provides the political mechanism through which voters in more unequal countries redistribute a larger proportion of income and thus, it is argued, by blunting incentives reduce country's growth rate. However,...
Persistent link: https://www.econbiz.de/10014193137
Persistent link: https://www.econbiz.de/10010510887