Showing 1 - 10 of 832
The distribution of human capital and income lies at the center of a nexus of forces that shape a country’s economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
Persistent link: https://www.econbiz.de/10014023762
A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...
Persistent link: https://www.econbiz.de/10014461501
This paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...
Persistent link: https://www.econbiz.de/10014390535
inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary …
Persistent link: https://www.econbiz.de/10010306778
according to which (1) rising inequality induces more government redistribution; (2) more government redistribution is financed …
Persistent link: https://www.econbiz.de/10010263391
Persistent link: https://www.econbiz.de/10003581794
inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary …
Persistent link: https://www.econbiz.de/10010486797
Persistent link: https://www.econbiz.de/10010480147
impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show …
Persistent link: https://www.econbiz.de/10003762209
on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We …
Persistent link: https://www.econbiz.de/10012518977