Democracy and Income Inequality An Empirical Analysis
Author | : Branko Milanovi?, Yvonne Ying, Mark Gradstein |
Publisher | : World Bank Publications |
Total Pages | : 50 |
Release | : 2001 |
ISBN-10 | : |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Democracy and Income Inequality An Empirical Analysis written by Branko Milanovi?, Yvonne Ying, Mark Gradstein and published by World Bank Publications. This book was released on 2001 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ideology, as proxied by a country's dominant religion, seems to be related to inequality. In Judeo-Christian societies increased democratization appears to lower inequality; in Muslim and Confucian societies it has an insignificant effect. One reason for this difference may be that Muslim and Confucian societies rely on informal transfers to reach the desired level of inequality, while Judeo-Christian societies, where family ties are weaker, use political action.