Inequality and institutions

Alberto Chong, Mark Gradstein

Research output: Contribution to journalScientific reviewpeer-review

216 Scopus citations

Abstract

This paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a model in which the two may dynamically reinforce each other and set to test this relationship with, a broad array of institutional measures. The double causality between institutional strength and a more equal distribution of income is empirically established using dynamic panel and linear feedback analysis.
Original languageEnglish
Pages (from-to)454-465
Number of pages12
JournalReview of Economics and Statistics
Volume89
Issue number3
DOIs
StatePublished - 1 Aug 2007
Externally publishedYes

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