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.
Original language | English |
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Pages (from-to) | 454-465 |
Number of pages | 12 |
Journal | Review of Economics and Statistics |
Volume | 89 |
Issue number | 3 |
DOIs | |
State | Published - 1 Aug 2007 |
ASJC Scopus subject areas
- Social Sciences (miscellaneous)
- Economics and Econometrics