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Thomas Piketty's Capital in the Twenty-First Century is the most widely discussed work of economics in recent history, selling millions of copies in dozens of languages. But are its analyses of inequality and economic growth on target? Where should researchers go from here in exploring the ideas...
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Essay 1: We reexamine the effect of economic development on the level of democracy based on the data sets of Acemoglu … variable democracy. Contrary to the results of Acemoglu et al. (2008), some support of causality is found particularly when … explaining heteroscedasticity. We also find democracy is a bimodal variable and approximate the distribution using two separate …
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Due to behavioral effects triggered by redistributional interventions, it is still an open question whether government policies are able to effectively reduce income inequality. We contribute to this research question by using different country-level data sources to study inequality trends in...
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intervention and redistribution. Due to obvious behavioral effects caused by redistribution, it is however not clear whether …. -- inequality ; redistribution ; social expenditure ; progressive taxation …
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intervention and redistribution. Due to obvious behavioral effects caused by redistribution, it is however not clear whether …
Persistent link: https://www.econbiz.de/10013107196