Showing 1 - 10 of 83
We review the literature on the links between inequality, growth and welfare. Three questions are addressed: 1) What is … the impact of growth and development on inequality? 2) What is the impact of inequality on growth, development and welfare … impact of inequality on growth is twofold. Firstly, inequality fosters growth when this is based on capital accumulation, but …
Persistent link: https://www.econbiz.de/10011098375
growth in the short term, while the impact of income inequality on growth is statistically insignificant. Our results are …This study examines empirically the impact of income polarization on economic growth in an unbalanced panel of more …-level datasets, as well as datasets reconstructed from grouped data on income distribution taken from the World Income Inequality …
Persistent link: https://www.econbiz.de/10010878126
The article analyses the joint determinants of inequality and growth with a special emphasis on public spending … inequality and growth, as more generally government expenditures seem to act counter-cyclically and inequality reducing. Also …
Persistent link: https://www.econbiz.de/10009366281
Evidence of an increase in inequality since the 1970s has motivated research on its relationship to growth and …, the effect of inequality on growth depends on the measure used. For example, inequalities in capabilities (such as … education and health status) may operate differently on growth than inequality in wages and income. This paper explores the …
Persistent link: https://www.econbiz.de/10005413423
This paper frames growth incidence analysis within the logic of social impact evaluation understood as an assessment of …) regression to link the growth incidence curve (GIC) to household characteristics and perform counterfactual decomposition à la … observed pattern of growth. The composition effect accounts for the lion’s share of the observed variation in the social impact …
Persistent link: https://www.econbiz.de/10011098377
distribution in a long run perspective. The second one focuses on the inverse causality between inequality and growth. This paper … aims at reviewing this second view about the effects of initial inequality of income and wealth on future growth rate. The … theoretical literature suggests several channels through which inequality might be harmful for growth, namely three economic …
Persistent link: https://www.econbiz.de/10005413373
This paper contributes to the debate over the relationship between inequality and inclusive growth by testing the … proposition of a kinked-non linear relationship between income inequality and economic growth in a country specific context. The … existence of an optimal rate of inequality (ORI) that maximizes growth rates and releases the economy from any distortion …
Persistent link: https://www.econbiz.de/10010780742
This paper provides new evidence on individual preferences over annuities and lump sum payments based on hypothetical questions posed in the DNB Household Survey in 2005. Contrary to the majority of papers in the annuitization puzzle literature, this study allows to control explicitly for the...
Persistent link: https://www.econbiz.de/10009366277
opportunity. Our analysis rests on the characterization of inequality of opportunity as a situation where some groups in society …
Persistent link: https://www.econbiz.de/10010878131
inequality levels. …
Persistent link: https://www.econbiz.de/10010878139