Inequality and institutions

被引:216
作者
Chong, Alberto [1 ]
Gradstein, Mark [1 ]
机构
[1] Ben Gurion Univ Negev, Dept Econ, CEPR, CESifo,IZA, IL-84105 Beer Sheva, Israel
关键词
D O I
10.1162/rest.89.3.454
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
引用
收藏
页码:454 / 465
页数:12
相关论文
共 45 条
[1]   Reversal of fortune: Geography and institutions in the making of the modern world income distribution [J].
Acemoglu, D ;
Johnson, S ;
Robinson, JA .
QUARTERLY JOURNAL OF ECONOMICS, 2002, 117 (04) :1231-1294
[2]   Symmetrically normalized instrumental-variable estimation using panel data [J].
Alonso-Borrego, C ;
Arellano, M .
JOURNAL OF BUSINESS & ECONOMIC STATISTICS, 1999, 17 (01) :36-49
[3]  
[Anonymous], 1998, INCOME DISTRIBUTION
[4]   SOME TESTS OF SPECIFICATION FOR PANEL DATA - MONTE-CARLO EVIDENCE AND AN APPLICATION TO EMPLOYMENT EQUATIONS [J].
ARELLANO, M ;
BOND, S .
REVIEW OF ECONOMIC STUDIES, 1991, 58 (02) :277-297
[5]   ANOTHER LOOK AT THE INSTRUMENTAL VARIABLE ESTIMATION OF ERROR-COMPONENTS MODELS [J].
ARELLANO, M ;
BOVER, O .
JOURNAL OF ECONOMETRICS, 1995, 68 (01) :29-51
[6]  
ATKINSON A, 1995, J ECON LIT, V39, P771
[7]  
BARRO RJ, 1991, Q J EC MAY
[8]  
BARRO RJ, 2000, NBER WORKING PAPER, V7911
[9]   Initial conditions and moment restrictions in dynamic panel data models [J].
Blundell, R ;
Bond, S .
JOURNAL OF ECONOMETRICS, 1998, 87 (01) :115-143
[10]   POLITICAL DEMOCRACY - CONCEPTUAL AND MEASUREMENT TRAPS [J].
BOLLEN, KA .
STUDIES IN COMPARATIVE INTERNATIONAL DEVELOPMENT, 1990, 25 (01) :7-24