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A new line of theoretical and empirical literature emphasizes the pivotal role of fair institutions for growth. We present a model, a laboratory experiment, and a simple cross-country regression supporting this view. We model an economy with an unequal distribution of property rights, in which...
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The existence of ambiguity in the study of the impact of corruption on economic growth, namely the grease the wheel … hypothesis and sand the wheel hypothesis, trigger this research to look at the impact of corruption through another perspective …, i.e. income inequality. This study identifies the mutual influence between corruption and income inequality in Asian …
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