Income inequality, fiscal stimuli and political (in)stability

Using data for a large panel of countries, this paper investigates the role played by income inequality and fiscal stimuli episodes in shaping the likelihood of political stability. By means of Tobit estimations, we show that a rise in inequality increases the probability of government crises. Howev...

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Bibliographic Details
Main Authors: Luca Agnello, Vitor Castro, Joao Tovar Jalles, Ricardo M. Sousa
Format: Default Article
Published: 2016
Subjects:
Other economics not elsewhere classified
Income distribution
Fiscal stimuli
Expansionary policies
Political environment
Institutional quality
Tobit regression
Economics not elsewhere classified
Online Access:https://hdl.handle.net/2134/24127
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https://hdl.handle.net/2134/24127

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