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Factor shares, redistribution and growth in a captured democracy

Vindigni, Andrea - 2024

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

Alberto Alesina (1957-2020) : man, researcher, Professor of Economics, popularizer

Vindigni, Andrea - 2023

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

The economics of inclusion : building an argument for a shared society

Valenti, Michael A.; Giovannoni, Olivier - 2013

This paper presents a review of the literature on the economics of shared societies. As defined by the Club de Madrid, shared societies are societies in which people hold an equal capacity to participate in and benefit from economic, political, and social opportunities regardless of race,...

Persistent link: https://www.econbiz.de/10009704290

Income Distribution : Effects on Growth and Development

Birdsall, Nancy - 2007

I review the literature on the effects of inequality on growth and development in the developing world. Two stylized facts emerge from empirical studies: inequality is more likely to harm growth in countries at low levels of income (below about $3200 per capita in 2000 dollars); and it is at...

Persistent link: https://www.econbiz.de/10012729524

Growth, Inequality and Economic Freedom : Evidence from the US States

Bjørnskov, Christian - 2015

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

The search for macroeconomic stability and growth under persistent inequality : the case of Chile

Solimano, Andrés; Pollack, Molly - In: Pro-poor macroeconomics : potential and limitations, (pp. 217-247). 2006

Persistent link: https://www.econbiz.de/10003379928

Policy regimes, inequality, poverty and growth : the Chilean experience, 1973 - 2010

Contreras Guajardo, Dante; Ffrench-Davis, Ricardo - 2012

Since the 1970s, Chile has exhibited a highly skewed income distribution accompanied with strong fluctuations over time … 1990s, resulting from better economic and social policies in the return to democracy. Nonetheless, Chile still faces … significant challenges to improve development. There must be an active macroeconomic policy focused on the real economy. Chile …