The distributional consequences of rent‐seeking.

We analyze the distributional effects of rent‐seeking via the financial sector in a model calibrated to US data. Rent‐seeking implies a misallocation of resources that increases wealth inequality among non‐rent‐seekers and for the whole economy. A deterioration in institutional quality implying more...

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Detalles Bibliográficos
Publicado en:Economic Inquiry Vol. 59; no. 4; pp. 1616 - 1641
Autores principales: Angelopoulos, Angelos, Angelopoulos, Konstantinos, Lazarakis, Spyridon, Philippopoulos, Apostolis
Formato: Artículo
Publicado: Wiley-Blackwell Oct2021
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Acceso en línea:Ver este registro en EBSCOhost