Showing 1 - 7 of 7
This paper employs k-means clustering, a multidimensional pattern recognition method, to categorize countries using information from five Varieties of Democracy indices. K-means country clusters are similar but not entirely identical to both k-medians clusters and arbitrary groups formed using...
Persistent link: https://www.econbiz.de/10014290692
Using illustrations from research on inequality, this paper offers evidence on the strengths of 'behavioural synthesis', i.e. the reconciliation between neoclassical and behavioural economics. We compare how theoretical models of absolute and relative inequality have evolved from assumptions of...
Persistent link: https://www.econbiz.de/10012509292
Better understanding of inequality, including its relationship to governance and other key outcomes, is relevant both to academic researchers and to policy-makers. Nevertheless, efforts to establish causal relationships empirically remain hampered by the quality and availability of data,...
Persistent link: https://www.econbiz.de/10014555740
The relationship between economic development, inequality, and democratization has long been debated in the literature. Yet empirical analyses of this interplay have been limited and have yielded overall mixed and inconsistent results. This paper seeks to address this gap by examining the impact...
Persistent link: https://www.econbiz.de/10015404295
Persistent link: https://www.econbiz.de/10015326264
Persistent link: https://www.econbiz.de/10010227273
The main objective with this paper is to test the hypothesis that peoples stated WTP for an environmental public good (old growth forest in Sweden) are sensitive to the respondents' relative income. To do that I use an experimental valuation question in a split-sample setting, conditioning the...
Persistent link: https://www.econbiz.de/10013031663