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This paper seeks to estimate the economic growth effect of constitutional provisions for property rights protection. It does so using the unique situation in formerly communist countries in Central and Eastern Europe and the Caucasus where all but two introduced new constitutions after the fall...
Persistent link: https://www.econbiz.de/10013111140
paradigms and underpinnings from Solow-Swan & Boyce-Fofack-Ndikumana. The central argument presented is that the inequality … problem is at the heart of rational asymmetric development between rich and poor countries. Piketty has shown that inequality … African countries, inequality in development increases and African may not catch-up with the developed world. As an ideal …
Persistent link: https://www.econbiz.de/10011200000
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008671705
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008764827
equal outcomes, while the feedback from inequality to trust is ambiguous. Using a structural equations model estimated on a …. We conclude that while trust facilitates welfare state policies that may reduce net inequality, this decrease in … inequality does not increase trust. …
Persistent link: https://www.econbiz.de/10010818514
We argue that perceived fairness of the income generation process affects the association between income inequality and … income redistribution. Income inequality is predicted to have a more favorable impact on subjective well-being for … differences in individual tolerance for income inequality, and the predicted influence of actual fairness. …
Persistent link: https://www.econbiz.de/10011048143
inequality in OECD nations. We assess the effects of four debt dynamics on inequality adjusted human development. Instrumental …
Persistent link: https://www.econbiz.de/10011098705
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011109487