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Legal conflicts of interest of the revolving door

Brezis, Elise S. - 2017

This paper analyzes the conflicts of interest arising from the "revolving door". The revolving door is a common phenomenon, and it is unlikely that most of it can be explained by "regulatory capture", a practice that is unlawful. Therefore, there is a need for a new framework. This paper...

Persistent link: https://www.econbiz.de/10011640569

Financial development, institutional quality and economic growth : evidence from ECOWAS countries

Appiah, Michael; Li, Fanglin; Frowne, Doreen Idan - In: Organizations and markets in emerging economies 11 (2020) 1, pp. 6-17

Most of the literature that explored the relationship between financial development and economic growth taking into consideration the roles played by institutional quality in the ECOWAS region still debates on the roles of institutional quality on economic growth. This study used data from...

Persistent link: https://www.econbiz.de/10012261901

Institutional hierarchies and economic growth : a bundled approach

Helfer, Helena - 2022

Theoretical and empirical evidence on the relationship between institutions and economic prosperity remains ambiguous … bundled approach for measuring institutions. This approach takes into account interrelations in form of hierarchies between … political, economic and the societal institutions and thereby adds to the literature that deals with the mechanisms of economic …

Persistent link: https://www.econbiz.de/10013459883

Factor shares, redistribution and growth in a captured democracy

Vindigni, Andrea - 2024

A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...

Persistent link: https://www.econbiz.de/10014461501

Alberto Alesina (1957-2020) : man, researcher, Professor of Economics, popularizer

Vindigni, Andrea - 2023

This paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...

Persistent link: https://www.econbiz.de/10014390535

Military expenditure and economic growth : a meta-analysis

Simpartl, Josef - 2024

In the face of wars and a geopolitically challenging environment, military expenditures have once again become political focal points in developed countries. However, the scientific literature remains inconclusive regarding their impact on economic growth. This paper conducts a meticulous...

Persistent link: https://www.econbiz.de/10014505857

Natural resource rents, autocracy and the composition of government spending

Endrikat, Morten - 2017

This paper empirically analyzes the influence of rents from natural resources on the composition of government spending and investigates whether the relationship differs between democracies and autocracies. Both panel data and instrumental variable regressions suggest that there is a negative...

Persistent link: https://www.econbiz.de/10011671270

Solow meets Marx: Economic growth and the emergence of social class

Modalsli, Jørgen Heibø - 2011

This paper reconciles neoclassical models of economic growth (Solow) with the formation of social classes during economic transition (Marx). An environment with missing capital markets and no labor divisibility is shown to lead to a steady state with no aggregate inefficiencies, but a very...

Persistent link: https://www.econbiz.de/10010330219

Promiscuous elites and economic development

Brezis, Elise S. - 2012

This paper analyzes the interconnection between elites and its effects on economic growth. For decades, the bureaucratic elite has been joining the business elite after leaving office, and this in growing numbers. This relationship has been termed the revolving door in English, pantouflage in...

Persistent link: https://www.econbiz.de/10010335988

Real convergence in central, eastern and south-eastern Europe

Żuk, Piotr; Savelin, Li - 2018

This paper analyses real income convergence in central, eastern and south-eastern Europe (CESEE) to the most advanced EU economies between 2000 and 2016. The relevance of this topic stems both from the far-reaching implications of real income convergence for economic welfare and the importance...

Persistent link: https://www.econbiz.de/10011972275