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Publications (4)
Working Paper
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There are sound theoretical reasons to expect clientelism to suppress economic growth: politicians who garner support by offering employment to voters and grassroots party members can do so more effectively when the voters’ participation constraint is met with low wages. Hence, clientelism can...
Working Paper
pdf
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 inequality and growth via growth and inequality...
Blog
Tony Addison The present currency turmoil is both a product and a cause of profound changes now underway in the global economy. Part 1 of this two-part article, which appeared in the October Angle, focused on Latin America and Europe. Part 2 discusses the latest turbulence in the eurozone as well as...
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