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inequality. Introducing a new instrumental variable for IMF programs, I exploit time variation in the IMF’s liquidity and cross … 1973–2013 period, the results show that IMF programs substantially increase income inequality in democracies, while having …
Persistent link: https://www.econbiz.de/10011542176
In this paper, we examine the effect of IMF (imposed) programs on countries income inequality for the period 1963 … indicate an increase in income inequality. The effect of some targeted IMF programs shows no significant evidence on income … inequality, supporting the view of a new policy strategy designed to mitigate this disturbing trend …
Persistent link: https://www.econbiz.de/10012844571
inequality. Introducing a new instrumental variable for IMF programs, I exploit time variation in the IMF's liquidity and cross … 1973–2013 period, the results show that IMF programs substantially increase income inequality in democracies, while having …
Persistent link: https://www.econbiz.de/10012977692
Persistent link: https://www.econbiz.de/10014316526
Based on a case study of the burgeoning high-end ("Third Wave") coffee market in the United States, this discussion paper examines value creation and capital accumulation in an age of neoliberal globalization. Drawing on sociological and economic theories of value, as well as perspectives on...
Persistent link: https://www.econbiz.de/10011619528
Argentina's economic and institutional decline has long posed a conundrum to economists and social scientists. In particular, it challenges theories that seek to explain cross-country growth differences over time. Those theories that claim that institutions have a first-order effect on growth...
Persistent link: https://www.econbiz.de/10010518746
Persistent link: https://www.econbiz.de/10012654705
Persistent link: https://www.econbiz.de/10012284845
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
Persistent link: https://www.econbiz.de/10012211480