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the consumption level of all households who are perceived to be richer, on household savings and consumption. When …
Persistent link: https://www.econbiz.de/10010190171
households who are perceived to be richer, on household savings and consumption. When controlling for own income as well as …
Persistent link: https://www.econbiz.de/10010491182
A recently much debated issue is why observed investment and growth rates inpoor countries are lower than traditional theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between poor and rich countries. However, there is still the...
Persistent link: https://www.econbiz.de/10011302623
This memo studies the impact of demographic shifts and income inequality on the evolution of savings rates in Denmark …, and compares with evidence from the US. Income inequality has followed similar trends in Denmark as in the US, and savings … rates vary in a similar way over the life cycle and along the income distribution in the two countries. Changes in savings …
Persistent link: https://www.econbiz.de/10013380429
A fundamental requirement of market economies is the security of ownership claims to property. Yet history is littered with cases of challenges to these claims. A large literature has found contradictory evidence for the effect of income and income inequality on revolt, possibly due to omitted...
Persistent link: https://www.econbiz.de/10010519062
This paper proposes three theoretical mechanisms through which polygyny may be related to social unrest. The mechanisms are related to different dimensions of grievance-inducing and, partly, greed-related inequality, which may occur in polygynous societies. These dimensions include (i) economic,...
Persistent link: https://www.econbiz.de/10012836203
This paper proposes three theoretical mechanisms through which polygyny may be related to social unrest. The mechanisms are related to different dimensions of grievance-inducing and, partly, greed-related inequality, which may occur in polygynous societies. These dimensions include (i) economic,...
Persistent link: https://www.econbiz.de/10012206058
This paper proposes three theoretical mechanisms through which polygyny may be related to social unrest. The mechanisms are related to different dimensions of grievance-inducing and, partly, greed-related inequality, which may occur in polygynous societies. These dimensions include (i) economic,...
Persistent link: https://www.econbiz.de/10012200049
How do changes in socio-economic inequality between ethnic groups affect interethnic ties in a divided society? I analyse the evolution of cross-ethnic marriages in a society affected by violence along ethnic boundaries and make three principal findings. First, as inequality between ethnic...
Persistent link: https://www.econbiz.de/10011775880
Although property rights are the cornerstone of capitalist economies, throughout history existing claims have been frequently overturned and redefined by revolution. A fundamental question for economists is what makes revolutions more likely to occur. A large literature has found contradictory...
Persistent link: https://www.econbiz.de/10014133515