Rent Seeking and Endogenous Income Inequality /

This paper studies the relationship between wealth inequality and occupational choice between rent-seeking and production. With imperfect credit markets and a fixed cost to rent-seeking, only wealthy agents choose to engage in rent-seeking as it enables them to protect their wealth from expropriatio...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Wade, Paul
مؤلفون آخرون: Dabla-Norris, Era
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2001.
سلاسل:IMF Working Papers; Working Paper ; No. 2001/015
الوصول للمادة أونلاين:Full text available on IMF