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Almost all the recent empirical work on the relationship between income inequality and economic growth has used inequality data that are not consistently measured. This article argues that this is inappropriate and shows that the significant negative correlation often found between income...
Persistent link: https://www.econbiz.de/10005475895
A discrete choice experiment was conducted to discover the relative importance of five characteristics of developing countries considered by people when choosing countries to donate money to. The experiment was administered via an online survey involving almost 700 university student...
Persistent link: https://www.econbiz.de/10011104632
We extend the literature on the deep determinants of economic development by focusing on life expectancy, instead of income per capita, as an indicator of economic development, and by examining the role of informal, as well as formal, institutions. Our empirical results suggest that formal and...
Persistent link: https://www.econbiz.de/10008681240
In less developed countries, there is often a low correlation between survey-based measures of interpersonal trust and experimental measures. This has caused doubt about the reliability of trust measures used to explain variations in levels of socio-economic development. Using data from rural...
Persistent link: https://www.econbiz.de/10010692575