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coefficient over last four decades. This seems to suggest a robust empirical evidence that the growth or change in inequality … across nations has a negative relation with initial degree of inequality. This would imply that poorer nations starting with … higher degree of inequality experience weaker growth in inequality, exhibiting some sort of convergence in the inequality …
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national income (or wealth) appropriated by the same income group. In turn, we develop the Fiscal Inequality Coefficient which …
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national income (or wealth) appropriated by the same income group. In turn, we develop the Fiscal Inequality Coefficient which …
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How do voters allocate costly attention to alternative political issues? And how does selective ignorance of voters interact with policy design by politicians? We address these questions by developing a model of electoral competition with rationally inattentive voters. Rational inattention...
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