Wie könnten Demokratisierungsprozesse weltweit wirksamer gefördert werden als bisher? Einige Autoren schlagen zu diesem Zweck bilaterale Verträge über einen Tausch von Entwicklungshilfe als Gegenleistung für institutionelle Reformen in Richtung Demokratie vor. Aus der Perspektive der...

We consider two channels via which foreign inputs into industrial production may lead to productivity effects. The first one concerns dynamic externalities between firms which share technical and organizational knowledge which is vital for the productivity growth of a particular industry. We...

This paper examines the long-run determinants of the evolution of top in-come shares. Using a newly assembled panel of 16 developed countries over the entire twentieth century, we find that financial development dis-proportionately boosts top incomes. This effect appears to be particularly...