Showing 1 - 10 of 94
inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … by 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality … identifying assumptions. We also analyze partial liberalization shocks: efficiency and inequality effects are roughly proportional …
Persistent link: https://www.econbiz.de/10010736743
inequality and widening gaps between rich and poor, and urban and rural. It is therefore it is important to examine the … interrelationships between inequality and economic growth. This paper develops a simple model to establish that the change in income …, inequality and growth bear a non-linear relationship: for low values of inequality, economic growth rate is an inverted U …
Persistent link: https://www.econbiz.de/10010580969
unimodal one, the evolution of the health distribution has preceded that of income, global inequality and poverty has decreased … indicates that global inequality would be underestimated if within-country inequality is not taken into account. Moreover …, global inequality and poverty would be substantially underestimated if the dependence between the income and health …
Persistent link: https://www.econbiz.de/10005196304
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008671708
social welfare has important implications for both the economics of climate change and comparative development. …
Persistent link: https://www.econbiz.de/10010747215
necessarily mean that giving money to women is a good development policy. We show that depending on the nature of the production …
Persistent link: https://www.econbiz.de/10010747224
Beyond years of schooling, educational content can play an important role in the process of economic development …
Persistent link: https://www.econbiz.de/10010643339
Tariff reductions have gender-specific effects on the labor market that change the relative bargaining power within households, which in turn affects child outcomes. We estimate how changes in parental labor supply due to these tariff reductions affect child schooling by focusing on young...
Persistent link: https://www.econbiz.de/10008833909
This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy...
Persistent link: https://www.econbiz.de/10008572516
We estimate the effect of political regime transitions on growth with semi-parametric methods, combining difference in differences with matching, that have not been used in macroeconomic settings. Our semi-parametric estimates suggest that previous parametric estimates may have seriously...
Persistent link: https://www.econbiz.de/10005181259