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The empirical evidence on the relationship between income inequality and economic growth is widely recognized and, now, there are rich databases for carry on panel-data type of analyses. However, time series studies for specific countries may be more attractive and yield revealing results. For...
Persistent link: https://www.econbiz.de/10011048794
In this paper, we consider a society composed of citizens grouped in different economic strata based on income, who must pay taxes, but there are incentives to do so, and a set of public officials (auditors), whose function is to monitor compliance with the tax rules among citizens. We assume...
Persistent link: https://www.econbiz.de/10011099795
In this work the evolutionary dynamics of migratory behavior driven by imitation is studied. We show that, any migratory flow, driven by the imitation, can be modeled by a dynamic system, once the rules governing imitative behavior of the population, are established. The parameters...
Persistent link: https://www.econbiz.de/10011099804
Purpose – The purpose of this paper is to study the long-run relationship between economic growth and income inequality in China during the pre-reform (1952-1978) and post-reform (1979-2007) periods, this will be done via cointegration analysis. Design/methodology/approach – The aim of this...
Persistent link: https://www.econbiz.de/10010553335
We analyze the main dynamical properties of the evolutionarily stable strategy ESS for asymmetric two-population games of finite size in its corresponding replicator dynamics. We introduce a defnition of ESS for two-population asymmetric games and a method of symmetrizing such an asymmetric...
Persistent link: https://www.econbiz.de/10008833396
Purpose – The purpose of this paper is to estimate the long-run relationships and threshold effects between inflation and economic growth in Mexico. Design/methodology/approach – The paper shows the existence of such relationship in a cointegrated vector on economic growth (log of real gross...
Persistent link: https://www.econbiz.de/10008493726
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