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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,...
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This paper returns to the discussion of how income inequality affects economic growth. The main argument is that … observations from five-year periods across the 50 US states, I employ five different measures of inequality. The results show that … across measures, the growth effects of inequality turn more positive with more economic freedom. The moderating effects are …
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regressions of current economic outcomes on parliamentary systems of government show no effects. Robustness checks suggest that …
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regressions of current economic outcomes on parliamentary systems of government show no effects. Robustness checks suggest that …
Persistent link: https://www.econbiz.de/10010287652
We assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method allowing us to … inequality by increasing the income share of the top 20% in contrast to the middle class' share. The tax policy effect accounts … for up to 29% of the total change in inequality; its contribution increases up to 41% if we take into account behavioral …
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