Abstract:REPORT DOCUMENTATION PAGEForm Approved OMB Public reporting burden for this collection of information is estimated to average 1 hour per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Send comments regarding this burderesTmate or any other aspect of this collection of information, including suggestions for reducing this burden to Washington Headquarters Services, Di… Show more
“…The political economy literature has examined how immigration will affect income redistribution (Mayr 2007), how it will impact constitutional consent (Josten and Zimmermann 2005), and how fiscal spending can influence immigration in an open labor market such as the one between many EU countries (Thum 2004). But most of the literature uses median voter or interest group models to explain why particular immigration policies are adopted.…”
“…The political economy literature has examined how immigration will affect income redistribution (Mayr 2007), how it will impact constitutional consent (Josten and Zimmermann 2005), and how fiscal spending can influence immigration in an open labor market such as the one between many EU countries (Thum 2004). But most of the literature uses median voter or interest group models to explain why particular immigration policies are adopted.…”
Provided in Cooperation with:Fächergruppe Volkswirtschaftslehre, Helmut-Schmidt-Universität (HSU) Mancur Olson's theory of the decline of nations is path-breaking in political economics. It has been tested cross-sectionally in numerous empirical studies. We survey the existing results briefly, with a special focus on studies using the number of lobbies as an exogenous variable. Using data from the period 1973-2006, we then present the field's first time-series analysis of the effects of the number of interest groups on the German lobby list and macroeconomic performance, gauged in terms of economic growth and inflation. The number of interest groups (as a proxy for their influence) is shown to have an important impact on macrovariables: Interest group activity significantly leads to a decline in the growth rate and a rise in the inflation rate.JEL-Klassifikation/ JEL-Classification: D61, D72, D78
Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. October 2006 Abstract The paper investigates the effects of intra-family talent transmission when human capital exhibits indivisibilities and parental financing of education involves borrowing constraints. Positive talent correlation reduces social mobility but steady state inequality and macroeconomic history-dependence are not affected.
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Documents in EconStor mayJEL classification: D31; D91; E25; I21; J24; J62; O15
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