We introduce a new dataset that reveals the relationship between laws passed by the US Congress and regulations issued by federal regulatory agencies. This dataset, which we call the Regulatory Authorities Dataset (RegAuthorities), elucidates the scope of statutes as they manifest themselves as...

Recent empirical studies estimating the impact of US federal regulations on domestic business activity have reached seemingly contradictory conclusions. When measuring business activity with traditional measures of entrepreneurship (i.e., firm startups and job formation), some researchers...

Using semiparametric methods and an up-to-date panel dataset on income inequality, the impact of past economic growth on current inequality is examined in a group of nations with widely differing initial incomes. Regardless of a nation's initial development, past economic growth stimulates...

The relationship between income inequality and economic growth is re-examined using a semiparametric, dynamic panel data model. Significant empirical evidence is uncovered supporting the theory that the relationship between these variables is nonlinear. Additionally, the evidence also supports...

We develop a one-sector endogenous growth model in which renewable natural resources are both a factor of production and measure of environmental quality. Along the balanced growth path, sustained economic growth and a non-deteriorating environment are shown to coexist. Moreover, steady-state...