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augmented with a heterogeneous agents lobbying game. Model simulations match the dynamics of structural change, inequality, and … across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change … and lobbying remains underexplored. Using more than 150 years of data on parliamentary petitions in USA and Britain, we …
Persistent link: https://www.econbiz.de/10014575605
augmented with a heterogeneous agents lobbying game. Model simulations match the dynamics of structural change, inequality, and … across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change … and lobbying remains underexplored. Using more than 150 years of data on parliamentary petitions in USA and Britain, we …
Persistent link: https://www.econbiz.de/10014557744
augmented with a heterogeneous agents lobbying game. Model simulations match the dynamics of structural change, inequality, and … across sectors, attracting substantial lobbying efforts by special interest groups. Yet, the link between structural change … and lobbying remains underexplored. Using more than 150 years of data on parliamentary petitions in USA and Britain, we …
Persistent link: https://www.econbiz.de/10014545117
and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …
Persistent link: https://www.econbiz.de/10012892099
inequality from net inequality and allows us to calculate redistributive transfers for a large number of country …-year observations. Our main findings are: 1. More unequal societies tend to redistribute more. 2. Lower net inequality is robustly … correlated with faster and more durable growth, for a given level of redistribution. 3. Redistribution appears generally benign …
Persistent link: https://www.econbiz.de/10014144640
Persistent link: https://www.econbiz.de/10013479745
This paper presents a review of the literature on the economics of shared societies. As defined by the Club de Madrid, shared societies are societies in which people hold an equal capacity to participate in and benefit from economic, political, and social opportunities regardless of race,...
Persistent link: https://www.econbiz.de/10009704290
introduces a market for bureaucratic capital, which explains why in equilibrium, the government allows this unethical, yet not …
Persistent link: https://www.econbiz.de/10011640569
Greater democracy increases the voice of the people, creating political contestation and participation, and leading to … pro-labor institutional changes, higher wages and lower inequality. Political voice may therefore have a redistributive … effect that is independent of redistribution through public finances. Using data from Britain and Ireland during a time when …
Persistent link: https://www.econbiz.de/10013118807
Persistent link: https://www.econbiz.de/10013422894