Showing 1 - 10 of 247
The paper examines empirically the question of whether more unequal societies spend more on income redistribution than … argued that unequal societies may spend less on redistribution because of capital market imperfections. Based on different … redistribution. …
Persistent link: https://www.econbiz.de/10005248211
effective to reduce inequalities and promote growth. However, direct redistribution, if carefully crafted can also be very …
Persistent link: https://www.econbiz.de/10010790343
The 2007-09 Great Recession has led to an unprecedented increase in public debt in many countries, triggering substantial fiscal adjustments. What are the distributional consequences of fiscal austerity measures? This is an important policy question. This paper analyzes the effects of fiscal...
Persistent link: https://www.econbiz.de/10011242413
Poverty and unemployment remained high in Botswana. The shortcomings of the labor market policies are responsible for a high unemployment rate. This selected issues paper sheds considerable light on ways that Botswana can enhance inclusive growth and reduce the high level of structural...
Persistent link: https://www.econbiz.de/10011243905
the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective … of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut … is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a …
Persistent link: https://www.econbiz.de/10011142220
This paper examines the empirical relationship between inequality and growth, and analyzes the impacts of growth, inequality, and government spending on poverty reduction. A new panel dataset has been assembled on inequality and poverty that reduces measurement error and ensures comparability...
Persistent link: https://www.econbiz.de/10005263901
Lucas (2004) asserts that "Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution... The potential for improving the lives of poor people by finding different ways of distributing current...
Persistent link: https://www.econbiz.de/10005599308
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in … recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited … overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction …
Persistent link: https://www.econbiz.de/10005263792
We develop a micro-founded general equilibrium model with heterogeneous agents to identify pertinent constraints to financial inclusion. We evaluate quantitatively the policy impacts of relaxing each of these constraints separately, and in combination, on GDP and inequality. We focus on three...
Persistent link: https://www.econbiz.de/10011163128
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10010878430