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In this paper, we review the role of the political economy in inclusive growth. We find that political economy forces … document growing support for a rethink of the social contract to make growth more inclusive and discuss some of its broad …
Persistent link: https://www.econbiz.de/10012518977
Persistent link: https://www.econbiz.de/10012036000
macroeconomic imbalances, high inflation, low growth, as well as low-quality public policies. When redistributive efforts are short … that reduce growth and thwart poverty reduction efforts. The argument of this paper is that there are various possible …
Persistent link: https://www.econbiz.de/10014546295
Persistent link: https://www.econbiz.de/10014428322
distribution and growth, as well as the relevant empirical evidence. The first model integrates the political-economy and imperfect … capital markets theories. It allows for departures from perfect democracy and embodies the trade-off between the growth costs … savings incentives and ameliorate the wealth constraints that impede investment by the poor. The second model is a growth …
Persistent link: https://www.econbiz.de/10005123982
Persistent link: https://www.econbiz.de/10011735614
, efficiency and growth. We find that left regimes, choosing more progressive redistribution, maintain better environmental quality …
Persistent link: https://www.econbiz.de/10010262943
macroeconomic imbalances, high inflation, low growth, as well as low-quality public policies. When redistributive efforts are short … that reduce growth and thwart poverty reduction efforts. The argument of this paper is that there are various possible …
Persistent link: https://www.econbiz.de/10014564012
education. Public education is favourable for growth because it increases the level of human capital and at the same time it …. The main results are that for a given structure of political rights, more inequality may be good for growth if it implies … more political support for education; increased political rights are good for growth and also imply a more equal income …
Persistent link: https://www.econbiz.de/10005661435
We conduct a laboratory experiment to study how demand for redistribution of income depends on self-interest, insurance motives, and social concerns relating to inequality and efficiency. Our choice environments feature large groups of subjects and real world framing, and differ with respect to...
Persistent link: https://www.econbiz.de/10009781859