The aim of this paper is to provide empirical evidence on the link between foreign aid and income inequality for the period 1973-2002. Since simple cross-country regressions cannot be taken as true time series findings, we also focus on dynamic panel data techniques, which allow accounting for...

This paper presents theory and evidence on the relationship between inequality and institutional quality. We propose a model in which the two dynamically reinforce each other and set out to test this relationship with a broad array of institutional measures. We establish double causality between...

We provide cross-country empirical evidence on the link between measures of institutional development and of poverty over the period 1960-1990. We find that the more efficient the institutions, the lower the degree, severity, and incidence of poverty. We provide both ordinary least squares and...

The aim of this paper is to provide empirical evidence on the link between foreign aid and income inequality for the period 1973-2002. Since simple cross-country regressions cannot be taken as true time series findings, we also focus on dynamic panel data techniques, which allow accounting for...