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This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the … bottom portion of income distribution. It is argued that, contrary to what is generally assumed in the economic literature … of income distribution and possibly lead to multiple steady states. The existence, under some conditions, of a dynamic …
Persistent link: https://www.econbiz.de/10005136638
rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the … the population have gained under the reforms, average real household per capita income has declined significantly with … households at the lower end of the income distribution suffering the greatest fall. Consequently there has been a substantial …
Persistent link: https://www.econbiz.de/10005498039
liberalization is accompanied by reduced income inequality in low-income countries. Simulation results also suggest that relatively …
Persistent link: https://www.econbiz.de/10005114466
estimates of the impact of adjustment on poverty using household income and expenditure surveys currently available in LDCs. It … poverty. This framework does require, however, reasonably disaggregated data on income distribution. … proposes the use of decomposable poverty indices as a tractable vehicle for calculating the impact of adjustment on overall …
Persistent link: https://www.econbiz.de/10005661633
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …
Persistent link: https://www.econbiz.de/10011083803
This Paper studies a model of the distribution of income under bounded needs. Utility derived from any given good …
Persistent link: https://www.econbiz.de/10005124380
This paper models technology adoption as replacing workers by machines, which perform the same job in the production process. The paper shows that such modelling of technology adoption affects significantly the analysis of economic growth. This model can explain large and persistent...
Persistent link: https://www.econbiz.de/10005504740
Disposable income inequality, as measured by the Gini coefficient and using Family Budget Survey data, increased very …
Persistent link: https://www.econbiz.de/10005123731
The effects of Regional Trade Agreements (RTAs) are disputed. In this paper, we assess these effects using capital market data and an event-study approach, using a daily data set covering a thousand announcements spanning over eighty economies and a hundred RTAs over twenty recent years. We...
Persistent link: https://www.econbiz.de/10009293663
cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … and the cyclical fluctuations in income inequality. The rise in income inequality was stronger at the bottom of the … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at …
Persistent link: https://www.econbiz.de/10008509469