Ideas about what is "fair" above and beyond the individuals' position in the income ladder determine preferences for redistribution. We study the dynamic evolution of different economies in which redistributive policies, perception of fairness, inequality and growth are jointly determined. We...

It is well known that research and development (R&D) is an important engine for economic growth. Also, initial wealth inequality and subsequent economic growth are well known to be related. This paper links inequality and R&D-driven growth. It shows that in a class of economies where R&D is the...

It is well known that research and development (R&D) is an important engine for economic growth. Also, initial wealth inequality and subsequent economic growth are well known to be related. This paper links inequality and R&D-driven growth. It shows that in a class of economies where R&D is the...

The Elite Quality Index for 2023 (EQx2023) measures 'The Sustainable Value Creation of Nations' and is the fourth annual publication of the internationally comparative ranking of countries. The index aim is to provide a unique dataset for academic research, original insight on the human and...

Can nations be ranked on the quality of their elites? Elites are dominant coalitions possessing the strongest coordination capacity over a country's key resources. They run the highest impact business models, which can be value creating or value extracting. We aim to produce a political economy...

The 2021 Elite Quality Index (EQx2021) is a global ranking of countries built on the notion of ‘elite quality’. Elite quality is a macro-level feature of the political economy that measures the value creation aggregate of all elite business models. Elites are dominant coalitions with the...

The Elite Quality Index for 2022 (EQx2022) is the third annual publication of the internationally comparative ranking of countries on ‘elite quality’. Its aim is to provide a unique dataset for academic research, original insight on the human and economic development trajectories of nations...

Inspired by the Chinese experience, we develop a Schumpeterian growth model of distance to frontier in which economic growth in the developing country is driven by domestic innovation as well as imitation and transfer of foreign technologies through foreign direct investment. We show that...

This study develops an R&D-based growth model with vertical and horizontal innovation to shed some light on the current debate on whether patent protection stimulates or stifles innovation. We analyze the effects of patent protection in the form of blocking patents. We show that patent...

This study analyzes the cross-country effects of monetary policy on innovation and international technology transfer. We consider a scale-invariant North-South quality-ladder model that features innovative R&D in the North and adaptive R&D in the South. To model money demand, we impose...