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...
| Publicado en: | Economic Inquiry Vol. 59; no. 4; pp. 1616 - 1641 |
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| Autores principales: | , , , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Oct2021
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |