Showing 1 - 10 of 15,354
outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased …
Persistent link: https://www.econbiz.de/10011242249
question. This paper analyzes the effects of fiscal policies on income inequality in a panel of advanced and emerging market … fiscal consolidations are likely to raise inequality through various channels including their effects on unemployment …. Spending-based consolidations tend to worsen inequality more significantly, relative to tax-based consolidations. The …
Persistent link: https://www.econbiz.de/10011242413
Economists have studied for a long time how decision-makers allocate scarce resources. The recent literature on rational inattention studies how decision-makers allocate the scarce resource attention. The idea is that decision-makers have a limited amount of attention and have to decide how to...
Persistent link: https://www.econbiz.de/10009395648
"Expectations regarding the economic development might be correlated due to various reasons: because individuals use the same public information and similar evaluation methods, and because of social learning or herding amongst peers. We analyse to what extent expectations are driven by herd...
Persistent link: https://www.econbiz.de/10010641636
combination, on GDP and inequality. We focus on three dimensions of financial inclusion: access (determined by the size of … inclusion, GDP, inequality, and the distribution of gains and losses. …
Persistent link: https://www.econbiz.de/10011163128
, empirical literature has found fairly weak evidence of opportunistic political cycles. This Paper tests the theory in a decade … sizable and short-lived on average; (2) the magnitude of opportunistic cycles decreases with voters' rationality and awareness … incumbent governors. Our results confirm that maturity of democracy as well as rationality and awareness of the electorate are …
Persistent link: https://www.econbiz.de/10005662200
simultaneously addressing structural unemployment and inequality. …
Persistent link: https://www.econbiz.de/10005518965
Actual economic activity often is too large or abstract for students of economics to understand. It has been the experience of the authors that when the economy is explained in terms of an autonomous classroom, students better understand that the economy is about the social process of...
Persistent link: https://www.econbiz.de/10005482997
great inequality which also eventually resulted in slowing down of investment and growth and other problems like inflation …
Persistent link: https://www.econbiz.de/10011133285
portion of direct transfer beneficiaries are nonpoor. As a result, inequality and poverty reduction are low relative to …
Persistent link: https://www.econbiz.de/10011135593