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Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
IFN Working Paper No. 1276
Verlag: 
Research Institute of Industrial Economics (IFN), Stockholm
Zusammenfassung: 
While the association between economic freedom and long-run economic growth is well documented, the parallel research literature on the distributional consequences of economic freedom is full of conflicting findings. In this paper, we take a step towards reconciling the two literatures by exploring the within-quintile growth consequences of changes in three different types of economic freedom: the size of government, institutional quality and policy quality. While the associations are theoretically ambiguous, we find evidence that economic freedom affects all parts of the income distribution equally, and some indications that the growth effects are largest for the poorest and richest quintiles.
Schlagwörter: 
Economic freedom
Liberalization
Economic growth
Income inequality
JEL: 
O40
O43
P16
Dokumentart: 
Working Paper

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