Showing 1 - 10 of 23
Using World Bank estimates of intergenerational educational persistence and mobility for multiple across the development spectrum, this paper finds that economic freedom noticeably improves educational mobility. This is probably because economic freedom increases the returns to education in ways...
Persistent link: https://www.econbiz.de/10014348597
A growing literature seeks to identify the determinants of economic freedom. Within that literature, very few studies have focused on constitutional design. We study the entrenchment of constitutional provisions, i.e., the extent to which they are more difficult (costly) to change than...
Persistent link: https://www.econbiz.de/10012826910
Should procedural barriers to constitutional amendment be more onerous than those to the policy changes of ordinary politics? – i.e., should constitutions be entrenched? One criterion by which to evaluate these questions is economic performance. Using data on countries worldwide and...
Persistent link: https://www.econbiz.de/10012832951
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Does a country's level of inequality affect its ability to win Olympic medals? If it does, is it conditional on institutional factors? We argue that the ability of economically free societies to win medals will not be affected by inequality. In these societies, institutions generate incentives...
Persistent link: https://www.econbiz.de/10014105446
What is the relationship, if any, between economic freedom and pandemics? This paper addresses this question from a robust political economy approach. As is the case with recovery from natural disasters or warfare, a society that is relatively free economically offers economic actors greater...
Persistent link: https://www.econbiz.de/10013250924
We investigate the institutional foundations of public health. We argue that a key distinction in analysis of disease is between diseases of commerce (diseases associated with movement of people and with affluence) and diseases of poverty (primarily noncommunicable diseases that depend on wealth...
Persistent link: https://www.econbiz.de/10014356475
In this paper, we consider whether or not inequality forces society to expend more resources on supervision which imposes an extra cost to doing business. Some argue that since inequality deteriorates social capital, there is a greater need for supervisory labor which is a costly burden to bear....
Persistent link: https://www.econbiz.de/10011618757
We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence between the nowadays industrialized countries of the OECD. We show that the dispersion of incomes increased after the Industrial Revolution, peaked during the Second World War,...
Persistent link: https://www.econbiz.de/10011671956