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Iraq was plunged into two simultaneous crises in the second half of 2014, one driven by a sharp decline in oil prices, the other, by Islamic State militants. Since June 2014, crude oil prices per barrel have fallen from around 112 USD to 97 USD in September and 62 USD by December. Given Iraq's...
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, decomposing social welfare into real income level and variance components and emphasizing Gini and Atkinson indexes. They embed … these inequality-adjusted social welfare functions in a general equilibrium structure mapping from tariff protection to … of tariffs on welfare. They then examine endogenous tariff formation when policymakers care about both equity and special …
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"Ravallion and Lokshin use Morocco's national survey of living standards to measure the short-term welfare impacts of … aggregate impact on inequality into a vertical component (between people at different pre-reform welfare levels) and a … horizontal component (between people at the same pre-reform welfare level). There is a large horizontal component which dominates …
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"Present levels of income inequality in Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland, Slovakia, and Slovenia remain considerably higher than their pre-transition levels, although the relative pace of change over time has varied quite a bit across countries. Using data from the...
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