Showing 1 - 10 of 167
We analyze the endogenous evolution of economic and political institutions and the interdependencies with the process of economic development. Favorable economic institutions ensure the appropriability of rents in form of a state of law. We study the conditions under which a state of law can be...
Persistent link: https://www.econbiz.de/10010262181
We study the process of endogenous democratization from inefficient oligarchic systems in an economy where heterogeneous individuals can get involved in predation activities. The features of democracies are shown to be crucially related to the conditions under which democratization initially...
Persistent link: https://www.econbiz.de/10010267866
This paper investigates the endogenous emergence of democracy and rule of law in an economy where heterogeneous individuals can get involved in predation activities. Decisions about public policies concern the extent of fiscal redistribution and property rights, whose costs depend on the extent...
Persistent link: https://www.econbiz.de/10005666567
We analyze the endogenous evolution of economic and political institutions and the interdependencies with the process of economic development. Favorable economic institutions ensure the appropriability of rents in form of a state of law. We study the conditions under which a state of law can be...
Persistent link: https://www.econbiz.de/10005822516
Using cross-country data, we find evidence for a significant negative interaction effect between democracy and inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with institutions of higher quality when inequality is lower.
Persistent link: https://www.econbiz.de/10005703417
We study the process of endogenous democratization from inefficient oligarchic systems in an economy where heterogeneous individuals can get involved in predation activities. The features of democracies are shown to be crucially related to the conditions under which democratization initially...
Persistent link: https://www.econbiz.de/10005703836
In this paper we present a model of rational voting over redistribution where individual selfesteem and relative esteem for others are endogenously determined. Individuals differ in their productivities, and their behaviour and political views are influenced by moral standards concerning work....
Persistent link: https://www.econbiz.de/10005703141
There are few studies of the social and economic consequences of remittances from migrant workers on poverty and inequality in their home country until recently, especially in Haiti. The known amount of remittances sent to Haiti by the Haitian diaspora has surpassed one billion U.S. dollars in...
Persistent link: https://www.econbiz.de/10011107325
In most OECD countries the gap between rich and poor has widened over the past decades. This paper analyzes whether and to what extent taxes and social transfers have contributed to this trend. Has the redistributive power of different social programs changed over time? The paper contributes to...
Persistent link: https://www.econbiz.de/10011107360
For several decades, the international community has aspired to integrate the social, economic and environmental dimensions of sustainability. Yet, no country has achieved the patterns of consumption and production that could sustain global prosperity in the coming decades. Thus, with the...
Persistent link: https://www.econbiz.de/10011107392