Showing 1 - 10 of 6,330
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960 … political instability, while other potential mechanisms, such as education, investment and inequality, lack comparable empirical … support. These findings are robust to, among others, using night-lights instead of GDP, different democracy measures and …
Persistent link: https://www.econbiz.de/10013412764
High-quality data on state-level inequality and incomes, panel data on corruption convictions, and careful attention to … of inequality, which indicate diminished prospects facing those convicted of corruption. In US states over 25 years we … show that inequality and higher government relative wages significantly and robustly produce less corruption. This reverses …
Persistent link: https://www.econbiz.de/10010320993
What was the impact of urban political structure on economic inequality in preindustrial times? I document that more … closed political institutions were associated with higher economic inequality in a panel of early modern German cities. To … inequality. To mitigate concerns about reverse causality, I exploit the Thirty Years' War (1618-1648) as a plausibly exogenous …
Persistent link: https://www.econbiz.de/10013170896
majority of people. The fundamental reason thereof is the blatant contradiction between the principle of democracy, promoting … the rule of law and thereby the welfare of people, and the indomitable tendency of rising and unsustainable inequality in … the essential of democracy. It could be a road to genuine reforms3 preventing a disaster caused by the sheer rejection of …
Persistent link: https://www.econbiz.de/10011588170
, altruism and concern for inequality. We find that decision makers who are selected democratically are generally more efficiency …
Persistent link: https://www.econbiz.de/10011753528
high levels of democracy are characterized by lower relative inequality. They also have the lowest ratio of the income … information from five Varieties of Democracy indices. K-means country clusters are similar but not entirely identical to both k …-medians clusters and arbitrary groups formed using only one measure, namely the liberal democracy index. Simple correlations with …
Persistent link: https://www.econbiz.de/10014290692
Countering recent rises in many countries of inequality in income and wealth is widely recognized as a major … development challenge. This is so from an ethical perspective and because greater inequality is perceived to be detrimental to key … development aims. Still, an informed debate on the effects of inequality requires clear evidence. This review contributes to the …
Persistent link: https://www.econbiz.de/10012432946
inequality and the emergence and stability of democratic political systems are connected. While early research in this domain has … generally does not suggest any conclusive results concerning economic inequality and the emergence of democracies, the survey … inequality, and it outlines the conditions for this to occur. However, additional research especially on some of the more …
Persistent link: https://www.econbiz.de/10012145429
in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per … growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule …
Persistent link: https://www.econbiz.de/10011966802
The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010510592