The Review of Economics and Statistics Vol. 89 No. 3 2007
Inequality and Institutions
Abstract
This paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a model in which the two may dynamically reinforce each other and set to test this relationship with a broad array of institutional measures. The double causality between institutional strength and a more equal distribution of income is empirically established using dynamic panel and linear feedback analysis.
- DOI
- 10.1162/rest.89.3.454
- Volume
- 89
- Issue
- 3
- Pages
- 454-465
- Language
- en
- Sources
- openalex crossref