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This paper examines the effect of political favoritism on economic inequality in the short run and political polarization in the long run. We exploit the sudden death of an authoritarian leader - President Chiang Ching-Kuo of Taiwan - in 1988 to generate plausibly exogenous variation in...
Persistent link: https://www.econbiz.de/10012848617
participants in 11 countries that make up over 30% of the global population and produce more than 40% of world GDP. Survey …
Persistent link: https://www.econbiz.de/10012929983
, but this might be the result of a decrease in trust in the institutions who are in charge of redistributive policies. …
Persistent link: https://www.econbiz.de/10012800660
, but this might be the result of a decrease in trust in the institutions who are in charge of redistributive policies. …
Persistent link: https://www.econbiz.de/10012802347
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10013006909
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10013112981
domains largely unrelated? We compile a dataset of 98 countries, merging income inequality data from the World Income … component correlates with life satisfaction, satisfaction with democracy, and violent protest. The political inequality … component correlates with satisfaction with democracy and peaceful protest. …
Persistent link: https://www.econbiz.de/10013469625
-like institutions (as a majority of Latin American countries and Israel with 'socially oriented' patron-client pyramids in broad use …
Persistent link: https://www.econbiz.de/10013246233
Income inequality and political polarization have both increased dramatically in the United States over the last several decades. A small but growing literature has suggested that these two phenomena may be related and mutually reinforcing: income inequality leads to political polarization, and...
Persistent link: https://www.econbiz.de/10013017142
Beginning with a literature review of globalization, economic inequality, and political stability, a series of quantitative models are presented to identify interweaving relationships. Using the knowledge gained from these models, combined with events extracted from science fiction, several...
Persistent link: https://www.econbiz.de/10013077347