There is no consensus about which variables, apart from income per capita, serve to characterize or define economic development, or guide its teaching. This paper proposes a simple and operational definition that combines the level of income per capita and the distribution of income. An economic...

This is a paper presented at the international symposium on 'Income Distribution and Economic Inequality' in Bad Homburg, West Germany in 1976. This symposium was organized by Zvi Griliches, Wilhelm Krelle, Hans-Juergen Krupp and Oldrich Kyn. The paper compares the empirical evidence on actual...

We compare three approaches to linking macro models with representative households and micro household income data in terms of their implications for measuring the poverty and distributional effects of poverty reduction strategies. These approaches are a simple micro- accounting method, an...

This paper studies the role of income distribution as a determinant of the size of the informal sector in an economy by relying on a channel whereby inequality affects the behaviour of aggregate demand and thus influences the incentives a firm has to become informal. It is further postulated...

This paper presents an overlapping generations model with technology choice and credit market imperfections, in order to investigate a possible source of underdevelopment. The model shows that a better financial infrastructure that provides stronger enforcement of contracts facilitates the...

The effects of globalization on income distribution within rich and poor countries are a matter of controversy. While international trade theory in its most abstract formulation implies that increased trade and foreign investment should make income distribution more equal in poor countries and...

Empirical study, using regression analysis of the combined cross-section and time series data for 83 countries. The following hypotheses are tested: (1) The Kuznets Curve does not exist. That is, the level of per capita income has no effect on income distribution, once other relevant factors are...

This paper estimates the potential effects of a free trade agreement (FTA) between China and Mercosur on poverty, income distribution, welfare and employment. The case of Argentina, in particular, is investigated. To this end, partial equilibrium techniques are combined with micro econometric...

This chapter examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the course...

We develop a demo-economic micro-simulation model able to simulate over a fifteen years period the impact of AIDS on household and individual incomes. When focusing on the labor supply effects of over- mortality, the main effect of AIDS in Cˆote d’Ivoire is a shrinking of the size of the...