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Political institutions, intertemporal cooperation, and the quality of policies
Scartascini, Carlos G.; Stein, Ernesto; Tommasi, Mariano - 2009
developed here indicates that this ability depends on several characteristics of political institutions, such as congressional … institutions ; Public policies ; Government capabilities ; Intertemporal cooperation ; Development ; Policy index ; Credibility …
Persistent link: https://www.econbiz.de/10003844598
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Inequality and human development : the role of different parts of the income distribution
Castells-Quintana, David; Gradín, Carlos; Royuela, Vicente - 2022
effect associated with the concentration of national income at different parts of the income distribution. To do so, we rely … as well as detailed information on the distribution of income within countries. We take advantage of detailed … result highlights the relevance of income shares that go to the middle part of the income distribution and seems especially …
Persistent link: https://www.econbiz.de/10013380766
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Income share of the top 10 %, the middle 50 % and the bottom 40 % in Latin America : 1920-2011
Astorga, Pablo - 2023
%. Despite policy efforts in the 2000s to raise the income of the bottom 40%, altogether, a more equitable income distribution is …
Persistent link: https://www.econbiz.de/10014439034
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Inequality and economic development : an overview
Galor, Oded - 2009
Persistent link: https://www.econbiz.de/10003897570
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Reinventing foreign aid for inclusive and sustainable development : Kuznets, Piketty and the great policy reversal
Asongu, Simplice A. - 2015
This survey essay reviews over 200 papers in arguing that in order to achieve sustainable and inclusive development, foreign aid should not orient developing countries towards industrialisation in the perspective of Kuznets but in the view of Piketty. Abandoning the former's view that inequality...
Persistent link: https://www.econbiz.de/10011408850
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Do fiscal rules constrain fiscal policy? : a meta-regression-analysis
Heinemann, Friedrich; Moessinger, Marc-Daniel; Yeter, … - 2016
We implement a meta-regression-analysis for the budgetary impact of numerical fiscal rules. Based on 30 studies published in the last decade, we offer a consensus estimate with respect to the level of statistical significance, provide suggestive evidence for the effect size, and identify study...
Persistent link: https://www.econbiz.de/10011444762
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Do fiscal rules undermine public investments? : a review of empirical evidence
Blesse, Sebastian; Dorn, Florian; Lay, Max - 2023
Fiscal rules are a frequent policy measure to restrict deficit-taking among incumbent politicians. In times of increased and sustained investment needs to mitigate the consequences of climate change, and to promote the digital and structural transformation, fiscal rules have become subject to...
Persistent link: https://www.econbiz.de/10014279327
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Long-term effects of equal sharing: evidence from inheritance rules for land
Bartels, Charlotte; Jäger, Simon; Obergruber, Natalie - 2020
What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical … division of land led to a more equal distribution of land; other potential drivers of growth are smooth at the boundary and … right-shifted skill, income, and wealth distribution. Higher top incomes and top wealth in equal division areas coincide …
Persistent link: https://www.econbiz.de/10012288516
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Growth-friendly fiscal rules? : safeguarding public investment from budget cuts through fiscal rule design
Ardanaz, Martín; Cavallo, Eduardo A.; Izquierdo, Alejandro - 2020
We show that some types of fiscal rules can mitigate the well-known procyclical bias in public capital expenditures. Past research has found that fiscal adjustment episodes coincide with large public investment cuts, a pattern we also document in a sample of 75 advanced and emerging economies...
Persistent link: https://www.econbiz.de/10012167402
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Fiscal consolidation programs and income inequality
Brinca, Pedro; Ferreira, Miguel H.; Franco, Francesco; … - 2017
calibrate our model to match key characteristics of a number of European economies, including the distribution of wages and …
Persistent link: https://www.econbiz.de/10011779237