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This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011390886
This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011409206
examines in detail their distributional impact and finds that they led to increases in inequality and (relative) poverty. The … result is stronger in the case of inequality indices that are relatively more sensitive to changes close to the bottom of the …
Persistent link: https://www.econbiz.de/10012253866
examines in detail their distributional impact and finds that they led to increases in inequality and (relative) poverty. The … result is stronger in the case of inequality indices that are relatively more sensitive to changes close to the bottom of the …
Persistent link: https://www.econbiz.de/10012249487
Atkinson's book Inequality: What Can Be Done? (Harvard University Press, 2015) sets out a range of concrete proposals … aimed at reducing income inequality, which cover a very broad span but include major changes to the income tax and social … demonstrating how substantial the impact on inequality of such measures could be. This paper assesses the first-round effects of …
Persistent link: https://www.econbiz.de/10011684475
The aim of this research note is to analyse the distributional impact of five types of local social benefits (compensation for housing costs, old-age income supplement, grant for a newborn child, kindergarten subsidy and city transport subsidy) in the four major Croatian cities - Zagreb, Split,...
Persistent link: https://www.econbiz.de/10011926142
This paper examines how domestic, foreign, private and public investments affect income-inequality through financial … the poor as they diminish estimated household income-inequality. Financial size does not have a significant income … in the literature provide new insights into the finance-inequality nexus. Policy implications are discussed. …
Persistent link: https://www.econbiz.de/10011390778
Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to …
Persistent link: https://www.econbiz.de/10011390779
which freedoms channels are poverty and inequality mitigated? With the instrumentality of formal institutions: (1) de jure …) political liberalization has a disequalizing effect and; (3) economic freedom has a positive (negative) effect on inequality … some channels of globalization on poverty (and inequality), formal institutions have the capacity to device policies that …
Persistent link: https://www.econbiz.de/10011390834
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial …: (1) while formal financial development decreases inequality, financial sector formalization increases it; (2) whereas … semi-formal financial development increases inequality, the effect of financial semi-formalization is unclear; (3) both …
Persistent link: https://www.econbiz.de/10011390836