Income Inequality, Capitalism, and Ethno-Linguistic Fractionalization
We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted economic freedom index as proxy for capitalism. Our results suggest that there is no robust relationship between economic freedom and Gini coefficients based on gross income. Subseq...
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| Veröffentlicht in: | The American economic review 2015-05, Vol.105 (5), p.593-597 |
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| container_end_page | 597 |
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| container_title | The American economic review |
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| creator | Sturm, Jan-Egbert De Haan, Jakob |
| description | We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted economic freedom index as proxy for capitalism. Our results suggest that there is no robust relationship between economic freedom and Gini coefficients based on gross income. Subsequently, we analyze the relationship between income redistribution and ethno-linguistic fractionalization. We find that the impact of ethno-linguistic fractionalization on income redistribution is conditional on the level of economic freedom: countries that have a high degree of fractionalization redistribute income less, while capitalist countries that have a low degree of fractionalization redistribute income more. |
| doi_str_mv | 10.1257/aer.p20151112 |
| format | Article |
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Our results suggest that there is no robust relationship between economic freedom and Gini coefficients based on gross income. Subsequently, we analyze the relationship between income redistribution and ethno-linguistic fractionalization. We find that the impact of ethno-linguistic fractionalization on income redistribution is conditional on the level of economic freedom: countries that have a high degree of fractionalization redistribute income less, while capitalist countries that have a low degree of fractionalization redistribute income more.</abstract><cop>Nashville</cop><pub>American Economic Association</pub><doi>10.1257/aer.p20151112</doi><tpages>5</tpages><oa>free_for_read</oa></addata></record> |
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| source | Jstor Complete Legacy; Business Source Complete; American Economic Association Web |
| subjects | Capitalism Coefficients Economic freedom Economic globalization Economic indices Economic models Economic statistics Economic theory Education Ethnolinguistics GDP Gini coefficient Gini index Globalization Gross Domestic Product Gross income Income Income distribution Income inequality Income redistribution Linguistics MIGRATION, INCOME, AND ECONOMIC POLICY Per capita Proxy reporting Studies Taxes Trade restrictions Variables |
| title | Income Inequality, Capitalism, and Ethno-Linguistic Fractionalization |
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