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dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator. No such effect is observed … when the inequality is increased by a fair procedure. Our regression analysis provides basic macroeconomic support for the … adverse growth effect of the interaction between the degree and the genesis of inequality. We conclude that economies giving …
Persistent link: https://www.econbiz.de/10005406372
inequality on the demand for imports is then assessed by examining panel data for 36 developing and developed countries for the …In this paper we build a model of trade in vertically differentiated products and find that income inequality can … 1980-1997 period. We find significant evidence supporting our prediction that inequality has a large influence on the …
Persistent link: https://www.econbiz.de/10005181629
We study how the shadow economy affects pollution and how this effect depends on corruption levels in public … be accompanied by higher pollution levels. Our theoretical model predicts that controlling the levels of corruption can … limit the effect of the shadow economy on pollution. We use panel data covering the period from 1999–2005 from more than 100 …
Persistent link: https://www.econbiz.de/10009368501
In this paper, we revisit the association between happiness and inequality. We argue that the interaction between the …, income inequality is perceived more negatively with increased perceived fairness, due to the need for unexpected policy …
Persistent link: https://www.econbiz.de/10008671705
a unique panel of inequality estimates for 24 transitional countries for the period 1989-1998. The fixed effects model … income inequality in the 1990s. In this paper I investigate the causes of unprecedented changes in income distribution using …-sectional studies. The relationship between income inequality, measured by Gini coefficient, and per capita GDP is shown to be positive …
Persistent link: https://www.econbiz.de/10005051550
This paper analyzes the impact of urbanization on CO2 emissions in developing countries, taking into account the presence of heterogeneity in the sample of countries and testing for the stability of the estimated elasticities over time. The sample covers the period from 1975 through 2003 for...
Persistent link: https://www.econbiz.de/10005181290
While examining the macroeconomic effects of increased government control of the informal sector, this paper develops a two-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Workers search for jobs in both the formal and the informal sector. We...
Persistent link: https://www.econbiz.de/10005766198
While coping with nonsphericality of the disturbances, standard GMM suffers from a blind spot for exploiting the most effective instruments when these are obtained directly from unconditional rather than conditional moment assumptions. For instance, standard GMM counteracts that exogenous...
Persistent link: https://www.econbiz.de/10011086451
estimation as derived by Kelejian and Prucha (2005a) performs surprisingly well. Our Monte Carlo study indicates that the GMM …
Persistent link: https://www.econbiz.de/10005765991
Mexico experienced a tremendous expansion of its export-processing maquila sector during the 1990s. At the same time, a large proportion of its labor force remains employed in the informal sector. Since one of the main objectives of the maquiladora program was to increase formal employment, we...
Persistent link: https://www.econbiz.de/10009391722