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The paper examines empirically the question of whether more unequal societies spend more on income redistribution than … argued that unequal societies may spend less on redistribution because of capital market imperfections. Based on different … redistribution …
Persistent link: https://www.econbiz.de/10014400085
significantly improve both redistribution and equity objectives of the Chinese authorities. This was envisaged in the 1994 fiscal …
Persistent link: https://www.econbiz.de/10014401323
The paper applies an empirical model, based on the economic theory of public choice, to the Group of Seven countries …
Persistent link: https://www.econbiz.de/10014395824
society while the tax burden is widely dispersed creates a bias towards excessive expenditures and debt. This bias can be … supporting the claim that centralizing elements reduce the deficit bias. The last section concludes with models for reform of the …
Persistent link: https://www.econbiz.de/10014398060
redistribution and conflict. We support our argument documenting that there is a significant effect of oil rents on corruption in …
Persistent link: https://www.econbiz.de/10014402218
The correlation bias refers to the fact that claim subordination in the capital structure of the firm influences claim … shown that the correlation bias shifts shareholder preferences towards highly correlated assets, making financial …
Persistent link: https://www.econbiz.de/10014401318
Persistent link: https://www.econbiz.de/10000058326
Over the past decade, global output has grown by more than 3 percent a year and inflation has slowed in most regions. The fruits of this growthhave not been shared equally, however, and income disparities have grownin many countries, developed as well as developing. One of the mostpressing...
Persistent link: https://www.econbiz.de/10014409385
This paper identifies the countries that meet the enhanced Heavily Indebted Poor Countries (HIPC) Initiative's income and indebtedness eligibility criteria based on end-2004 data. It also updates the status of these countries toward qualifying for debt relief and presents cost estimates of debt...
Persistent link: https://www.econbiz.de/10014410049
This paper reports the Fund's income position for FY 2013 following the closing of the Fund's accounts for the financial year and completion of the external audit. FY 2013 net income, including income from surcharges, amounted to SDR 2.0 billion, and was in line with the April estimate. In...
Persistent link: https://www.econbiz.de/10014410435