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Middle class values have long been perceived as drivers of social cohesion and growth. This paper investigates the relation between class (measured by position in the income distribution), values, and political orientations using comparable values surveys for six Latin American countries. The...
Persistent link: https://www.econbiz.de/10009366269
The authors show that exported products exit the US market sooner if they violate the Heckscher-Ohlin notion of comparative advantage. Crucially, this pattern is stronger when exporting country has a well-developed banking system, measured by a high ratio of bank credit over the GDP. Banks thus...
Persistent link: https://www.econbiz.de/10010555048
This paper estimates the relationship between initial village inequality and subsequent household income growth for a … for an array of household and village characteristics, the paper finds that households located in higher inequality … villages experienced significantly lower income growth through the 1990s. However, local inequality’s predictive power and …
Persistent link: https://www.econbiz.de/10008725948
The 20th Human Development Report has introduced a new version of its famous Human Development Index (HDI). The HDI aggregates country-level attainments in life expectancy, schooling and income per capita. Each year's rankings by the HDI are keenly watched in both rich and poor countries. The...
Persistent link: https://www.econbiz.de/10008738813
Persistent link: https://www.econbiz.de/10010832245
series data and non-linear simulations of inequality-neutral growth for the developing world as a whole. …
Persistent link: https://www.econbiz.de/10010604328
This paper reviews trends and patterns in developing countries'trade from 1980 to 2010. During the 30-year span, world trade expanded rapidly, especially in developing countries in the last decade. A similar picture emerges in trade in services. These overall trends, however, mask different...
Persistent link: https://www.econbiz.de/10010604330
The paper presents a newly compiled and improved database of national household surveys between 1988 and 2008. In 2008, the global Gini index is around 70.5 percent having declined by approximately 2 Gini points over this twenty year period. When it is adjusted for the likely under-reporting of...
Persistent link: https://www.econbiz.de/10010721563
An analyst using household survey data to construct a welfare metric is often confronted with onfronted with An analyst using household survey data to construct a welfare metric is often confronted with a number of theoretical and practical problems. What components should be included in the...
Persistent link: https://www.econbiz.de/10010670684
The prospect of enlarging the European Union (EU) to Central and Eastern European countries with income levels far below those of present members, questions how, and when the candidates' aspiration to converge towards EU standards of living, could possibly by fulfilled. To address these...
Persistent link: https://www.econbiz.de/10010670708