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equilibrium predictions. -- Redistribution ; double auction ; elections ; lobbying …' policy choices by transferring money to them. We observe very high levels of redistribution - even when transfers to …
Persistent link: https://www.econbiz.de/10003910210
fund capture. A model is presented where rich voters can block redistribution by buying the votes of some poor voters. In … equilibrium there is only limited redistribution and income tax rates are a negative function of government corruption. When rich …. -- tax rates ; vote-buying ; lobbying ; government corruption …
Persistent link: https://www.econbiz.de/10009736634
Persistent link: https://www.econbiz.de/10008657575
The author studies the persistence of inequality and inefficient governance in a physical capital accumulation model with perfect information, missing credit markets, and endogenous barriers to entry. When access to investment opportunities is regulated, rent-seeking entrepreneurs form...
Persistent link: https://www.econbiz.de/10012749509
base years, the more successful a pension reform the country achieved (after controlling for other factors, such as … demography). Our analysis shows that the reform effort varies widely across countries and over time. Indeed, only three countries … paper, we analyze factors that may facilitate or hamper pension reform quality of fiscal institutions, public debt, trade …
Persistent link: https://www.econbiz.de/10010322232
base years, the more successful a pension reform the country achieved (after controlling for other factors, such as … demography). Our analysis shows that the reform effort varies widely across countries and over time. Indeed, only three countries … paper, we analyze factors that may facilitate or hamper pension reform quality of fiscal institutions, public debt, trade …
Persistent link: https://www.econbiz.de/10003823895
base years, the more successful a pension reform the country achieved (after controlling for other factors, such as … demography). Our analysis shows that the reform effort varies widely across countries and over time. Indeed, only three countries … paper, we analyze factors that may facilitate or hamper pension reform quality of fiscal institutions, public debt, trade …
Persistent link: https://www.econbiz.de/10003813619
As concerns about reform fatigue in lower- and middle-income countries have become more widespread, so has the search … for ways of boosting support for market-oriented reforms. While the effects of political institutions on reform results … for markets. We find that political accountability boosts support for markets, but that this effect declines as the reform …
Persistent link: https://www.econbiz.de/10012734538
Can autocracies and their associated institutions successfully implement economic policies that promote growth and investment? Can 'good economics' somehow offset the effects of 'bad' politics? Kazakhstan is a case where an autocratic regime has actively projected market-friendly policies and...
Persistent link: https://www.econbiz.de/10012589873
Can autocracies and their associated institutions successfully implement economic policies that promote growth and investment? Can 'good economics' somehow offset the effects of 'bad' politics? Kazakhstan is a case where an autocratic regime has actively projected market-friendly policies and...
Persistent link: https://www.econbiz.de/10012628514