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the best available estimates of both pre- and post-redistribution inequality for the largest set of countries and periods …This paper re-examines the determinants and consequences of redistribution in light of improved data and methods … relative to earlier literature. In particular, we use the latest version of the UNU-WIDER' Income Inequality Database to have …
Persistent link: https://www.econbiz.de/10011568157
addition to the inequality-growth relationship, we examine the direct influence of effective redistribution. When net … inequality is held constant, public redistribution negatively affects economic growth. Redistribution hampers investment and … net inequality, the overall impact of redistribution is insignificant. Whereas this result stems mainly from advanced …
Persistent link: https://www.econbiz.de/10011309192
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/10011966802
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Does redistribution in democracies cater to the will of the majority? We propose a direct empirical strategy based on … the median voter's preferred amount of redistribution and the probability to serve the median voter increases with the … quality of democracy. However, there is a non-negligible share of democracies that implement a minority-backed amount of …
Persistent link: https://www.econbiz.de/10011307797
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Corruption is widely believed to negatively affect economic growth. However, many East and Southeast Asia countries either achieved or currently are achieving impressively rapid economic growth despite widespread corruption - the 'East Asian Paradox'. Is this negative relationship equally likely...
Persistent link: https://www.econbiz.de/10012102930