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This paper argues for the importance of individuals’ tolerance of inequality for <p> economic growth. By using the political ideology of governments as a measure of <p> revealed tolerance of inequality, the paper shows that controlling for ideology improves <p> the accuracy with which the effects of...</p></p></p>
Persistent link: https://www.econbiz.de/10005424138
Standard theoretical arguments suggest that republics ought to grow faster than monarchies and experience lower transitional costs following reforms. We employ a panel of 27 countries observed from 18202000 to explore whether regime types and institutional reforms have differential growth...
Persistent link: https://www.econbiz.de/10004992685
This paper connects two strands of the literature on social trust by estimating the effects of trust on growth through a set of potential transmission mechanisms directly. It does so by modelling the process using a three-stage least squares estimator on a sample of countries for which a full...
Persistent link: https://www.econbiz.de/10005771253