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首页> 外文期刊>Journal of institutional economics >Who are the champions? Inequality, economic freedom and the Olympics
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Who are the champions? Inequality, economic freedom and the Olympics

机译:谁是冠军? 不平等,经济自由和奥运会

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Does inequality affect outcomes? To answer, we use the microcosm of Olympic competitions by asking whether a country's level of inequality diminishes its performance. If it does, is it conditional on institutional factors? We argue that the ability of economically free societies to win medals will not be affected by inequality. In these societies, institutions generate incentives to invest in the talents of individuals at the bottom of the income distribution (potential athletes otherwise constrained in the ability to expend resources on training). These effects mitigate those of inequality. The incentives that promote investments in skills across the income distribution are weaker in unfree societies and they cannot mitigate the effects of inequality. Using the Olympics of 2016 in combination with the Economic Freedom data, we find that inequality only matters in determining medal numbers for unfree countries. We link these results to inequality and its effects on economic outcomes.
机译:不平等影响结果吗? 为了回答,我们通过询问国家的不平等程度是否会减少其表现来使用奥运会的微观方式。 如果是,是在制度因素方面有条件吗? 我们认为经济上自由社团赢得奖牌的能力不会受到不平等的影响。 在这些社会中,机构产生激励措施,以投资收入分配底部的个人人才(潜在的运动员,否则受到在培训资源资源的能力)。 这些效果减轻了不平等的影响。 促进在收入分配的技能投资投资的激励措施在未自由的社会中较弱,无法减轻不平等的影响。 利用2016年的奥运会与经济自由度数据相结合,我们发现不等式只能在确定未满国家/地区的奖牌号码中进行重要事项。 我们将这些结果链接到不平等及其对经济结果的影响。

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