Showing 1 - 10 of 5,741
underdeveloped markets for capital and information; (2) by discouraging the evolution of the economic and political institutions …
Persistent link: https://www.econbiz.de/10005162630
exceptionalism: Sweden became rich because of well-functioning capitalist institutions, and inequality was low before the expansion … state ; equality ; growth ; institutions ; capitalism …
Persistent link: https://www.econbiz.de/10009012602
A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...
Persistent link: https://www.econbiz.de/10014461501
This paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...
Persistent link: https://www.econbiz.de/10014390535
institutions on development, the costs of fractionalization, and research on the policies of social inclusion around the world …. -- shared societies ; economic inclusion ; institutions ; economic growth ; income distribution …
Persistent link: https://www.econbiz.de/10009704290
underdeveloped markets for capital and information; (2) by discouraging the evolution of the economic and political institutions …
Persistent link: https://www.econbiz.de/10012729524
This paper returns to the discussion of how income inequality affects economic growth. The main argument is that economic freedom is likely to affect the association although the relations are theoretically ambiguous. In a panel of 300 observations from five-year periods across the 50 US states,...
Persistent link: https://www.econbiz.de/10013012727
This paper assesses how pro-poor and inclusive Asia's recent growth has been, and what factors have been driving these outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased, dampening the impact of growth on poverty reduction. As a...
Persistent link: https://www.econbiz.de/10013079257
The present paper assesses the interactions between innovation and economic institutions within the context of the … innovations on growth and inequality diminish as institutions increase in quality, and the effects of institutions can be … influenced by level of innovations. This indicates that while institutions and innovations can be inequality-inducing, their …
Persistent link: https://www.econbiz.de/10014434530
what is suggested in the literature. Better fiscal rules and good fiscal institutions are needed to safeguard growth- and …
Persistent link: https://www.econbiz.de/10012302041