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While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …
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Does economic inequality influence citizens' support for democracy? Political economy theory suggests that in a country …
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We study trends in income inequality across U.S. states and counties 1960-2019 using a mix of administrative and survey data sources. Both states and counties have diverged in terms of per-capita pre-tax incomes since the late 1990s, with transfers serving to dampen this divergence. County...
Persistent link: https://www.econbiz.de/10014089530
increased democratization appears to lead to lower inequality; in Muslim and Confucian societies it has an insignificant effect … economy theories suggest that democratization has a moderating effect on income inequality. But the empirical literature has … argue that prevailing ideology may be an important determinant of inequality and that the democratization effect "works …
Persistent link: https://www.econbiz.de/10014140071
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between political and economic development is U-shaped: "intermediate" political regimes significantly lead to inferior economic...
Persistent link: https://www.econbiz.de/10014076385
suggesting that inequality tends to increase after democratization when the economy has already undergone significant structural …
Persistent link: https://www.econbiz.de/10014025324