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Social institutions and economic inequality : modeling the onset of the Kuznets curve
Alvarez-Pereira, Brais; Bale, Catherine S. E.; Furtado, … - 2015
Theoretical models of the Kuznets Curve have been purely analytical with little contribution towards an understanding of the timing of the process and the presence of additional mechanisms affecting its timing. This paper proposes an agent-based version of Acemoglu and Robinson's model of the...
Persistent link: https://www.econbiz.de/10012057437
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The Ethics of Distribution in a Warming Planet
Roemer, John E. - 2013
intergenerational resource allocation in the presence of climate change (e.g., W. Nordhaus, M. Weitzman, N. Stern, and P. Dasgupta). I …, and (3) axiomatic justifications (as in classical social-choice theory). I argue that only justification (2) provides an … ethical choices. The work of these authors, which studies the optimal intergenerational paths of resource allocation under the …
Persistent link: https://www.econbiz.de/10012753146
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How the planned perversion of democracy generated accelerating inequalities
Parguez, Alain - In: Journal of contemporary economic and business issues 3 (2016) 2, pp. 49-59
One cannot doubt the ubiquitous lack of hope and confidence in the so-called democratic institutions by the large majority of people. The fundamental reason thereof is the blatant contradiction between the principle of democracy, promoting the rule of law and thereby the welfare of people, and...
Persistent link: https://www.econbiz.de/10011588170
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The End of Arbitration as We Know It? Arbitration under Attack
Larson, David Allen - 2011
During the past few years arbitration has been under attack. Recent judicial decisions, newly enacted and proposed legislation, and populist sentiments are important and obviously can result in significant changes. But many of the criticisms leveled at arbitration can be addressed and, most...
Persistent link: https://www.econbiz.de/10014177067
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School Choice around the World and the Lessons We Can Learn
Counihan, Christopher J.; Cowen, Nick; DeAngelis, Corey; … - 2021
Education reforms that allow new educational providers to supply schooling into a state system can improve parental satisfaction and raise learning outcomes through consumer choice. Choice provides children with schooling that matches their interests. A child engaged in school is more likely to...
Persistent link: https://www.econbiz.de/10013225304
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North-South Convergence and the Allocation of CO2 Emissions
Llavador, Humberto - 2014
Mankind must cooperate to reduce GHG emissions to prevent a catastrophic rise in global temperature. How can the necessary costs of reducing GHG emissions be allocated across regions of the world, within the next few generations, and simultaneously address growth expectations and economic...
Persistent link: https://www.econbiz.de/10013061728
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Get rid of unanimity : the superiority of majority rule with veto power
Bouton, Laurent; Llorente-Saguer, Aniol; Malherbe, … - 2014
A group of agents wants to reform the status quo if and only if this is Pareto improving. Agents have private information and may have common or private objectives, which creates a tension between information aggregation and minority protection. We analyze a simple voting system - majority rule...
Persistent link: https://www.econbiz.de/10010394633
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School value-added and long-term student outcomes
Kirkebøen, Lars J. - 2022
Several recent studies find that interventions in schools can have important lasting consequences for students, and that schools differ in their contribution to students’ learning. However, there is less research investigating how these differences between schools influence longer-term...
Persistent link: https://www.econbiz.de/10013205093
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The political economy of the G20 Agenda on financial regulation
Schuknecht, Ludger; Siegerink, Vincent - 2020
The paper empirically examines the implementation record of international financial regulation of the banking sector. The study finds that the size of the banking sector and the presence of global systemically important banks (G-SIBs) are positively associated with a stronger implementation...
Persistent link: https://www.econbiz.de/10012263373
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Inequality, Democracy, and Institutions : A Critical Review of Recent Research
Savoia, Antonio; Easaw, Joshy; McKay, Andrew D. - 2010
This paper surveys the theoretical and empirical literature on the effect of economic and political inequality on institutions. The current understanding suggests that unequal societies develop exploitative and inefficient institutions. Empirical research - which is scant, and has mainly...
Persistent link: https://www.econbiz.de/10014199186