Understanding the relationship between income inequality and economic growth is of utmost importance to economists and social scientists. In this paper we use a Bayesian structural vector autoregression approach to estimate the relationship between...
The last several months have given us many reasons to worry about US democracy – not least the riot at the US Capitol and the president’s refusal to...
The United States and China are the world’s largest economies. Together they are responsible for about one-third of the world’s economic output. This paper aims to examine whether the two economic giants are also lands of opportunity where resources...
How do modern fiscal states arise? Perhaps the most dominant explanation, based on the European experience, is that democratic institutions that limited the extractive power of states—exemplified by the 1688 Glorious Revolution in England—paved the...
This paper provides a systematic review of quantitative literature investigating the success of affirmative action policies in addressing socio-economic inequalities between ethnic groups in education and employment. We focus on two of the most...
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