Раскрываются вопросы формирования параметров бездефицитного регионального бюджета, факторы условия и ограничения его использования. Обоснован критерий...

Forty years ago, Simon Kuznets, in his presidential address to the American Economics Association, outlined his hypothesis that the process of economic development would first be accompanied by rising disparities in economic well-being, followed by a period when the distribution wouls be stable...

While economic growth raises income and wealth and promotes financial intermediation, financial intermediation facilitates economic growth, since it raises the returns to investment. In this article we study the development of an important informal financial intermediary in Japan, the rotating...

Two arguments are important: that the rule of law and the security of property rights are important for growth and that they are the product of political institutions. Professor Dixit argues that identification and other concerns undermine the second argument and inhibit the formulation of...

As strategies for achieving sustainable growth in developing countries are re-examined in light of the financial crisis, it is critical to take into account structural change and its corollary, industrial upgrading. Economic literature has devoted a great deal of attention to the analysis of...

The dispersion of racial incomes in South Africa has been declining since the mid 1970s. This has been accompanied by rising within-group inequality, especially amongst blacks, driven by growing unemployment. In this study, it is argued that labour market changes resulting from the breakdown of...

The recent rise in inequality in the distribution of disposable income in many, although not all, countries has led to a search for explanations, particularly since for much of the postwar period falling inequality has been the norm. In OECD countries, the cause has typically been identified as...

This study develops a framework for decomposing the gender earnings gap into across-occupation factors. The framework provides more comprehensive information on occupational segregation and the earnings gap than previous studies. The across-occupation effect encompasses differences between male...

This paper studies the impact of crop loss on the level of educational expenditure of Indonesian households using data from the 1993 Indonesian Family Life Survey. The data are unique in that they contain self-reported information on crop loss and on household responses to crop loss. Thirty-four...

Women may want greater taxes and redistributional spending than men if male incomes exceed female incomes and men and women are not always married. Cross-section evidence from opinion polls provides indirect support for this view. Women express greater favorability toward redistributional...