Showing 1 - 10 of 2,109
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
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/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
This paper empirically studies the voting outcomes of Egypt's first parliamentary elections after the Arab Spring. In light of the strong Islamist success in the polls, we explore the main determinants of Islamist vs. secular voting. We identify three dimensions that affect voting outcomes at...
Persistent link: https://www.econbiz.de/10009738032
Africa's interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...
Persistent link: https://www.econbiz.de/10011966676