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The aim of this paper is to provide comprehensive empirical evidence on recent theories that link democracy and income inequality for the period 1960-1995. In simple cross-country regressions I find a non-monotonic link between these two variables when using ordinary least squares, instrumental...
Persistent link: https://www.econbiz.de/10010327192
This study investigates the impact of Left political institutions on a nation's amount of poverty. Specifically, the analysis tests three possible causal relationships: whether Left political institutions affect poverty separately from the welfare state, channeled through the welfare state, or...
Persistent link: https://www.econbiz.de/10010335347
The linkage between liberal democracy and income inequality has been the subject of considerable empirical research. However, the literature has largely ignored advances in the techniques for measuring income distribution which help to improve and strengthen the robustness of research findings...
Persistent link: https://www.econbiz.de/10011652901
There has been no shortage of theories which purport to explain why globalisation may have, adverse, insignificant or even beneficial effects on income and earnings inequality. Surprisingly, the empirical realities remain an almost complete mystery. In this paper we use data on industrial wage...
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"Examines patterns of income inequality among 16 advanced democracies from the mid 1970s to the early 2000s and explains why some societies have a large and growing divide between the rich and the poor while others, facing similar global economic pressures, maintain more egalitarian income...
Persistent link: https://www.econbiz.de/10003728770