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Nominal Devaluations, Inflation and Inequality
Blanco, Andres; Drenik, Andres; Zaratiegui, Emilio - National Bureau of Economic Research - 2024
understand inequality dynamics, we use a novel administrative dataset covering the 2002 Argentinean devaluation. We show that …
Persistent link: https://www.econbiz.de/10014544772
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Devaluation with Contract Redenomination in Argentina
Calomiris, Charles - 2006
redenomination policies to mitigate adverse financial and relative price consequences from a large devaluation. An analysis of … Argentina's policy of devaluation with redenomination in 2002, in contrast to Mexico's policy of devaluation without debt … redenomination in 1994-1995, shows that devaluation benefited tradables firms, and that dollar debt redenomination in Argentina …
Persistent link: https://www.econbiz.de/10012466017
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Measuring Commuting and Economic Activity inside Cities with Cell Phone Records
Kreindler, Gabriel E.; Miyauchi, Yuhei - National Bureau of Economic Research - 2021
We show how to use commuting flows to infer the spatial distribution of income within a city. A simple workplace choice model predicts a gravity equation for commuting flows whose destination fixed effects correspond to wages. We implement this method with cell phone transaction data from Dhaka...
Persistent link: https://www.econbiz.de/10012482731
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Inequality and Growth : What Can the Data Say?
Banerjee, Abhijit V. - 2000
This paper describes the correlations between inequality and the growth rates in cross-country data. Using non-parametric methods, we show that the growth rate is an inverted U-shaped function of net changes in inequality: Changes in inequality (in any direction) are associated with reduced...
Persistent link: https://www.econbiz.de/10012470957
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Inequality, Growth, and Investment
Barro, Robert J. - 1999
Evidence from a broad panel of countries shows little overall relation between income inequality and rates of growth and investment. However, for growth, higher inequality tends to retard growth in poor countries and encourage growth in richer places. The Kuznets curve-whereby inequality first...
Persistent link: https://www.econbiz.de/10012471762
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The Great Transition : Kuznets Facts for Family-Economists
Greenwood, Jeremy; Guner, Nezih; Marto, Ricardo - National Bureau of Economic Research - 2021
The 20th century beheld a dramatic transformation of the family. Some Kuznets style facts regarding structural change in the family are presented. Over the course of the 20th century in the United States fertility declined, educational attainment waxed, housework fell, leisure increased, jobs...
Persistent link: https://www.econbiz.de/10012510535
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Is that Really a Kuznets Curve? Turning Points for Income Inequality in China
Ravallion, Martin; Chen, Shaohua - National Bureau of Economic Research - 2021
The path of income inequality in post-reform China has been widely interpreted as "China's Kuznets curve." We show that the Kuznets growth model of structural transformation in a dual economy, alongside population urbanization, has little explanatory power for our new series of inequality...
Persistent link: https://www.econbiz.de/10012616646
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The economics of artificial intelligence : an agenda
Agrawal, Ajay (ed.); Gans, Joshua (ed.); Goldfarb, Avi (ed.) - NBER Conference on the Economics of Artificial …; … - 2019
Intro -- Contents -- Acknowledgments -- Introduction / Ajay Agrawal, Joshua Gans, and Avi Goldfarb -- I. AI as a GPT -- 1. Artificial Intelligence and the Modern Productivity Paradox: A Clash of Expectations and Statistics / Erik Brynjolfsson, Daniel Rock, and Chad Syverson, Comment: Rebecca...
Persistent link: https://www.econbiz.de/10013173775
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Height and Per Capita Income
Steckel, Richard H. - 1982
As an aid to interpreting the results of height-by-age studies this paper investigates the relationship between average height and per capita income. The relationships among income, nutrition, medical care, and height at the individual level suggest that average height is nonlinearly related to...
Persistent link: https://www.econbiz.de/10012478231
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Income Growth and the Distributional Effects of Urban Spatial Sorting
Couture, Victor - 2019
We explore the impact of rising incomes at the top of the distribution on spatial sorting patterns within large U.S. cities. We develop and quantify a spatial model of a city with heterogeneous agents and non-homothetic preferences for neighborhoods with endogenous amenity quality. As the rich...
Persistent link: https://www.econbiz.de/10012480088