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General-Equilibrium (GE) models were revived in the mid 1980s, in the computable form allowed by the progresses of information technology. They have been applied to the assessment of many economic policies, especially taxation, international trade and intergenerational transfers. A new recent...
Persistent link: https://www.econbiz.de/10013085157
Energy subsidies are used widely. Although adverse from an efficiency perspective, subsidies confer private benefits on … overcoming the barriers to reform. The starting point is to look at the motives lying behind the adoption of energy subsidies … then looks at the characteristics of countries that use energy subsidies. Countries with weak institutions - often non …
Persistent link: https://www.econbiz.de/10010331438
Persistent link: https://www.econbiz.de/10009697747
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link between globalization and income inequality differs across...
Persistent link: https://www.econbiz.de/10011789164
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link between globalization and income inequality differs across...
Persistent link: https://www.econbiz.de/10011794029
This Article examines property law’s effect on economic inequality, particularly centered on Thomas Piketty’s findings in Capital in the Twenty-First Century. Piketty finds that when the rate of return on capital is greater than economic growth, capital concentrates among the wealthy,...
Persistent link: https://www.econbiz.de/10013296986
We study the effect of political polarization on public spending using the dispersion of self-reported political preferences as our measure of polarization. Political polarization is strongly associated with smaller government in democratic countries, but there is no relationship between...
Persistent link: https://www.econbiz.de/10010281329
becomes untenable and possibly enhances the need for redistribution …
Persistent link: https://www.econbiz.de/10014241315
becomes untenable and possibly enhances the need for redistribution. …
Persistent link: https://www.econbiz.de/10013457362
In diesem Beitrag wird das kontrafaktische Szenario betrachtet, dass die ganze Erde einen globalen Bundesstaat nach dem Vorbild der Bundesrepublik Deutschland bilden würde, in dem das Grundgesetz analog für alle Menschen und Länder Geltung hätte. Grundgesetz und Organisation der...
Persistent link: https://www.econbiz.de/10011304526