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This paper surveys the theoretical and empirical literature on the effect of economic and political inequality on … existence of an inverse relationship between inequality and institutions, but more analysis is needed. Future empirical research … effect of inequality could also take place indirectly, through the influence of inequality on democratization …
Persistent link: https://www.econbiz.de/10014199186
This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a …
Persistent link: https://www.econbiz.de/10014068193
This paper explores the relationship between a large government cash transfer programme, changes in inequality, and …
Persistent link: https://www.econbiz.de/10011568213
the rule of law and thereby the welfare of people, and the indomitable tendency of rising and unsustainable inequality in …
Persistent link: https://www.econbiz.de/10011588170
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 measurement of Inequality of Opportunity has attracted a lot of attention in recent years, despite of the fact that … occupation. Secondly, we compare the results of our approach to estimate Inequality of Opportunity (which includes a measure of … background. Finally, we apply it to estimate Inequality of Opportunity for the full length of the EU-SILC database, which covers …
Persistent link: https://www.econbiz.de/10012009246
This paper analyses how inequality across counties in the United States of America has shaped the impact of the COVID …-level inequality at the start of the pandemic. The results show that more stringent measures to contain the pandemic were instrumental … in driving the incidence of protests, but only in counties with high levels of inequality before the start of the …
Persistent link: https://www.econbiz.de/10012489787
proved to be enough to shed light on the length and timing before high inequality implies regime change. Thus, this work may …
Persistent link: https://www.econbiz.de/10012057437
In the aftermath of the financial crisis, attention concerning inequality as a risk factor has risen. Nevertheless … studies, focusing on the implications of inequality as a collective risk, remain seldom. Therefore the following paper will … discuss why inequality is indeed a collective risk, leading to a social dilemma as known from game theory. The first section …
Persistent link: https://www.econbiz.de/10010425855
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial …: (1) while formal financial development decreases inequality, financial sector formalization increases it; (2) whereas … semi-formal financial development increases inequality, the effect of financial semi-formalization is unclear; (3) both …
Persistent link: https://www.econbiz.de/10011410012