mamoon, dawood (2011): Economic Security, Well Functioning Courts and a Good Government.
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The paper defines economic security as a country’s ability to re distribute incomes through a strong governance structure by practicing rule of law, eliminating corruption and a government that acts as a facilitator by formulating effective fiscal and monetary policy and regulation. The results suggest that courts that implement national laws effectively and punish corruption and a government that has balance budgets and investment friendly monetary policy ensures economic security by means of welfare friendly outcomes that favor the incomes of the poor and middle class. There is also evidence that redistribution takes place from rich to the poor. As a result income and wage inequalities fall down.
|Item Type:||MPRA Paper|
|Original Title:||Economic Security, Well Functioning Courts and a Good Government|
|English Title:||Economic Security, Well Functioning Courts and a Good Government|
|Keywords:||Governance, Redistribution, Inequality|
|Subjects:||E - Macroeconomics and Monetary Economics > E0 - General > E02 - Institutions and the Macroeconomy
D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
|Depositing User:||Dawood Mamoon|
|Date Deposited:||03. May 2011 14:20|
|Last Modified:||15. Feb 2013 21:22|
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