书目名称 | Taxation, Growth and Fiscal Institutions | 副标题 | A Political and Econ | 编辑 | Albert J. Lee | 视频video | | 概述 | Includes supplementary material: | 丛书名称 | SpringerBriefs in Business | 图书封面 |  | 描述 | .The causal relationship between growth and inequality is complex, and there have been many scholarly works to study this relationship since the seminal work of Kuznets in the 1950s. Few recent studies in this field have shown that the nature of relationship is multifaceted and non-linear. In addition to the intrinsic non-linear nature of the relationship, government and institutions play pivotal role in distributing the benefits of growth to reduce inequality. The responsiveness greatly depends upon a country’s initial conditions in terms of inequality and the nature of democracy prevailing in the country. .This volume highlights the role of institutions in explaining the gulf between inequality and growth, by applying a dynamic general equilibrium framework and by utilizing econometric techniques. Econometrically two important hypotheses are tested. First, assuming there is no difference in institutions, the growth rate increases as inequality decreases. Second, assuming inequality remains unchanged, improvement in the integrity of fiscal institutions results in higher economic growth..Integrating theoretical and empirical approaches, this volume links crucial economic concepts | 出版日期 | Book 2012 | 关键词 | Dynamic games; Economic growth; Economic growth policies; Fiscal policy; Income inequality | 版次 | 1 | doi | https://doi.org/10.1007/978-1-4614-1290-8 | isbn_softcover | 978-1-4614-1289-2 | isbn_ebook | 978-1-4614-1290-8Series ISSN 2191-5482 Series E-ISSN 2191-5490 | issn_series | 2191-5482 | copyright | The Author 2012 |
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