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Assessing the institutions-innovation channel within the inequality-growth nexus
Sun, Yang; Easaw, Joshy Z.; Logothetis, Vassilis - 2023
The present paper assesses the interactions between innovation and economic institutions within the context of the … innovations on growth and inequality diminish as institutions increase in quality, and the effects of institutions can be … influenced by level of innovations. This indicates that while institutions and innovations can be inequality-inducing, their …
Persistent link: https://www.econbiz.de/10014434530
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Capital flows and endogenous growth
Komarov, Evgenij - 2021 - This version: November 18, 2021
phenomenon with yet unclear impact. We develop a unified framework incorporating economic institutions, human capital and … which a positive change of a country's economic institutions can attract inflows of physical capital from abroad, leading to … institutions can lead to substantial divergence in income over time. We derive conditions under which a country receives inflows of …
Persistent link: https://www.econbiz.de/10012696550
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Competitiveness, Income Distribution and Economic Growth in a Small Economy
Cordero, José Antonio - 2008
The 1980s saw the publication of several very influential works within the post keynesian tradition on growth and distribution. With Kaleckian mark-up pricing, and a flexible rate of capacity utilization in the investment function, these models indicated that wages and growth are negatively...
Persistent link: https://www.econbiz.de/10012724801
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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
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The economics of inclusion : building an argument for a shared society
Valenti, Michael A.; Giovannoni, Olivier - 2013
institutions on development, the costs of fractionalization, and research on the policies of social inclusion around the world …. -- shared societies ; economic inclusion ; institutions ; economic growth ; income distribution …
Persistent link: https://www.econbiz.de/10009704290
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The effects of labour market reforms upon unemployment and income inequalities : an agent based model
Dosi, Giovanni; Pereira, Marcelo de Carvalho; … - 2016
This paper is meant to analyse the effects of labour market structural reforms by means of an agent-based model. Building on Dosi et al., (2016b) we introduce a policy regime change characterized by a set of structural reforms on the labour market, keeping constant the structure of the capital-...
Persistent link: https://www.econbiz.de/10011509121
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Legal conflicts of interest of the revolving door
Brezis, Elise S. - 2017
This paper analyzes the conflicts of interest arising from the "revolving door". The revolving door is a common phenomenon, and it is unlikely that most of it can be explained by "regulatory capture", a practice that is unlawful. Therefore, there is a need for a new framework. This paper...
Persistent link: https://www.econbiz.de/10011640569
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Institutional hierarchies and economic growth : a bundled approach
Helfer, Helena - 2022
Theoretical and empirical evidence on the relationship between institutions and economic prosperity remains ambiguous … bundled approach for measuring institutions. This approach takes into account interrelations in form of hierarchies between … political, economic and the societal institutions and thereby adds to the literature that deals with the mechanisms of economic …
Persistent link: https://www.econbiz.de/10013459883
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The nature of conflict
Arbath, Cemal Eren; Ashraf, Quamrul H.; Galor, Oded - 2015
This research establishes that the emergence, prevalence, recurrence, and severity of intrastate conflicts in the modern era reflect the long shadow of prehistory. Exploiting variations across national populations, it demonstrates that genetic diversity, as determined predominantly during the...
Persistent link: https://www.econbiz.de/10011309623
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A Lipsetian Theory of Democratization : Development, Education, Inequality, and Resources
Boucekkine, Raouf - 2017
The paper reexamines Lipset's theory of democratization, by distinguishing the role of (economic) development from that of education, inequality, and (natural) resources. We highlight two contrasting effects of education and human capital accumulation. On the one side, education prompts economic...
Persistent link: https://www.econbiz.de/10012963389