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Heterogeneous bequests and social inequalities
Borissov, Kirill; Bosi, Stefano; Thai Ha Huy; Pakhnin, … - 2023
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … that every equilibrium path converges to a unique steady state, and study the effect of altruism on the properties of … steady-state equilibrium. We show that aggregate income is positively related to both level of altruism and altruism …
Persistent link: https://www.econbiz.de/10014384038
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Growth and inequality in public good games
Gächter, Simon; Mengel, Friederike; Tsakas, Elias; … - 2014
In a novel experimental design we study public good games with dynamic interdependencies. Each agent's income at the end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously allowing us to address new questions regarding their...
Persistent link: https://www.econbiz.de/10010409781
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Delays in public goods
Chatterjee, Santanu; Posch, Olaf; Wesselbaum, Dennis - 2017
In this paper, we analyze the consequences of delays and cost overruns typically associated with the provision of public infrastructure in the context of a growing economy. Our results indicate that uncertainty about the arrival of public capital can more than offset its positive spillovers for...
Persistent link: https://www.econbiz.de/10011602807
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Growth and inequality in public good provision
Gächter, Simon; Mengel, Friederike; Tsakas, Elias; … - In: Journal of public economics 150 (2017), pp. 1-13
Persistent link: https://www.econbiz.de/10011823566
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Productive Government Expenditure and Economic Growth
Irmen, Andreas; Kuehnel, Johanna - 2021
We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
Persistent link: https://www.econbiz.de/10013316522
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Economic growth, equilibrium welfare, and public goods provision with intergenerational altruism
Tamai, Toshiki - 2020
Persistent link: https://www.econbiz.de/10012488079
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Economic growth, equilibrium welfare, and public goods provision with intergenerational altruism
Tamai, Toshiki - In: European journal of political economy 71 (2022), pp. 1-18
Persistent link: https://www.econbiz.de/10013345897
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The impact of social ties and third-party enforcement on collective action and growth : micro evidence from Peru
Keefer, Philip; Espinoza, Mauricio; Espinoza, Álvaro; … - 2019
Exploiting a unique empirical setting, 1,000 vendors in 90 traditional food markets in Lima, we document that historic social ties among market founders are associated, decades later, with stricter formal (third party) enforcement of market rules, more collective action, and the greater...
Persistent link: https://www.econbiz.de/10012154362
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Delays in Public Goods
Chatterjee, Santanu - 2017
In this paper, we analyze the consequences of delays and cost overruns typically associated with the provision of public infrastructure in the context of a growing economy. Our results indicate that uncertainty about the arrival of public capital can more than offset its positive spillovers for...
Persistent link: https://www.econbiz.de/10012961081
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Growth and Inequality in Public Good Games
Gaechter, Simon - 2014
In a novel experimental design we study public good games with dynamic interdependencies. Each agent's income at the end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously allowing us to address new questions regarding their...
Persistent link: https://www.econbiz.de/10013046227