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Full-Text Articles in Income Distribution
Institutions, Structural Policies, And Economic Development: Evaluating The Interrelationships Between Rule Spaces For Developing Countries, Jordan Pattison
Institutions, Structural Policies, And Economic Development: Evaluating The Interrelationships Between Rule Spaces For Developing Countries, Jordan Pattison
Student Summer Scholars Manuscripts
Research on long term economic development has consolidated around the central role of economic and political institutions. Within these institutional spaces, structural policies represent a subset of incentive structures with their own effects on economic behavior. To capture the separate effects of both institutional environments and structural policies, we construct an Institutional Index (II) and a Structural Policy Index (SPI) to evaluate their effects on income levels and short term growth rates for non-high-income states. This paper finds that both the II and SPI predict variations in income levels between non-high-income states, with the II producing a larger and more …
The Decline Of American Entrepreneurship: An Analysis Of Causes Of Macro Market Trends And A Changing American Economic System, Owen Flomberg
The Decline Of American Entrepreneurship: An Analysis Of Causes Of Macro Market Trends And A Changing American Economic System, Owen Flomberg
Chancellor’s Honors Program Projects
No abstract provided.
Public Actors In Private Markets: Toward A Developmental Finance State, Robert Hockett, Saule Omarova
Public Actors In Private Markets: Toward A Developmental Finance State, Robert Hockett, Saule Omarova
Saule T. Omarova
The recent financial crisis brought into sharp relief fundamental questions about the social function and purpose of the financial system, including its relation to the “real” economy. This Article argues that, to answer these questions, we must recapture a distinctively American view of the proper relations among state, financial market, and development. This programmatic vision – captured in what we call a “developmental finance state” – is based on three key propositions: (1) that economic and social development is not an “end-state” but a continuing national policy priority; (2) that the modalities of finance are the most potent means of …
Essays On The Evolution Of Inequality, Cem Oyvat
Essays On The Evolution Of Inequality, Cem Oyvat
Doctoral Dissertations
This dissertation examines the evolution of inequality during the development process. Specifically, the study will focus on two factors that crucially in influence the evolution of distribution: 1) industrialization and urbanization, and 2) agrarian structures and land inequality. The dissertation consists of three essays: The first essay examines the impact of the initial conditions of agrarian structures on income inequality over the long run. It develops a model showing that at the same level of national income, countries with more unequal land distribution can be expected to experience greater agglomeration in the urban sector. The excess labor in the urban …