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Determinants of Long-Term Growth : A Bayesian Averaging of Classical Estimates (Bace) Approach
Doppelhofer, Gernot; Miller, Ronald I.; Sala-i-Martin, … - 2021
This paper examines the robustness of explanatory variables in cross-country economic growth regressions. It employs a novel approach, Bayesian Averaging of Classical Estimates (BACE), which constructs estimates as a weighted average of OLS estimates for every possible combination of included...
Persistent link: https://www.econbiz.de/10013243423
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Social Security and Democracy
Mulligan, Casey B.; Gil, Ricard; Sala-i-Martin, Xavier - 2008
Many political economic theories use and emphasize the process of voting in their explanation of the growth of Social Security, government spending, and other public policies. But is there an empirical connection between democracy and Social Security program size or design? Using some new...
Persistent link: https://www.econbiz.de/10014033573
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The World Distribution of Income (Estimated from Individual Country Distributions)
Sala-i-Martin, Xavier - 2021
We estimate the world distribution of income by integrating individual income distributions for 125 countries between … hosted 11% of the world's poor in 1960. It hosted 66% of them in 1998. We estimate nine indexes of income inequality implied … by our world distribution of income. All of them show substantial reductions in global income inequality during the 1980s …
Persistent link: https://www.econbiz.de/10013313226
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Determinants of long-term growth : a Bayesian Averaging of Classical Estimates (BACE) approach
Doppelhofer, Gernot; Miller, Ronald I.; Sala-i-Martin, … - 2000
Persistent link: https://www.econbiz.de/10013426900