Income Inequality, Competitiveness of Political Systems and the Distance to the Efficient Frontier of Economic Growth
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KeywordsMean and volatility of output growth; efficient frontier; political system competitiveness; income inequality; weak institutions; asymmetric GARCH model;
- E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2014-02-02 (All new papers)
- NEP-EFF-2014-02-02 (Efficiency & Productivity)
- NEP-GRO-2014-02-02 (Economic Growth)
- NEP-MAC-2014-02-02 (Macroeconomics)
- NEP-PBE-2014-02-02 (Public Economics)
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