Showing 1 - 10 of 180
This research establishes that the emergence, prevalence, recurrence, and severity of intrastate conflicts in the modern era reflect the long shadow of prehistory. Exploiting variations across national populations, it demonstrates that genetic diversity, as determined predominantly during the...
Persistent link: https://www.econbiz.de/10011309623
This paper analyses the statistical distribution of war size. We find strong support for a Pareto-type distribution (power law) using data from different sources (COW and UCDP) and periods. A power law describesaccurately the size distribution of all wars, but also the distribution of the sample...
Persistent link: https://www.econbiz.de/10010436645
We treat an extension of the Metcalfe and Steedman model of growth and distribution in a small open economy with government activity. We show, simultaneously, that certain kinds of taxation and government expenditures will not affect the essential nature of the “Cambridge Equation.” This is...
Persistent link: https://www.econbiz.de/10012823968
The origins of fiscal capacity have traditionally been linked to warfare and democratization. However, non-democratic states also invest in fiscal capacity, even in times of peace. In fact, the majority of income taxes-a cornerstone of government finance-were introduced by non-democratic states...
Persistent link: https://www.econbiz.de/10012798707
We analyze the endogenous evolution of economic and political institutions and the interdependencies with the process of economic development. Favorable economic institutions ensure the appropriability of rents in form of a state of law. We study the conditions under which a state of law can be...
Persistent link: https://www.econbiz.de/10010262181
Does redistribution in democracies cater to the will of the majority? We propose a direct empirical strategy based on survey data that needs not assume that voters are guided by pecuniary motives alone. We find that most democracies implement the median voter's preferred amount of redistribution...
Persistent link: https://www.econbiz.de/10010461269
The cross-country correlation between social trust and income equality is well documented, but few studies examine the direction of causality. We show theoretically that by facilitating cooperation, trust may increase efficiency and lead to more equal outcomes, while the feedback from inequality...
Persistent link: https://www.econbiz.de/10010222965
India is the world's largest democracy and it is moving ahead with its potential. Since independence we have stepped so far that now we are world's second largest growing economy. India is blessed with many natural resources and bio fuel, which makes it different from other countries of the...
Persistent link: https://www.econbiz.de/10012825658
The drivers of public support for redistributive policy have stimulated academic debate around the world. The majority of studies use cross-country surveys conducted in the Organisation for Economic Co-operation and Development countries to contribute to the debate on whether self-interest or...
Persistent link: https://www.econbiz.de/10013012193
Rent seeking leads to a misallocation of resources that worsens economic outcomes and reduces aggregate welfare. We conduct a quantitative examination of the distributional effects of rent extraction via the financial sector. Rent seeking introduces a possibility for insurance against...
Persistent link: https://www.econbiz.de/10012861439