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The relationship between financial sector and economic growth in transition countries has been largely ignored in the earlier empirical literature.In this paper, we analyse the finance-growth nexus using a fixed-effects panel model and unbalanced panel data from 25 transition countries during...
Persistent link: https://www.econbiz.de/10012148443
Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from...
Persistent link: https://www.econbiz.de/10005771113
The relationship between financial sector and economic growth in transition countries has been largely ignored in the earlier empirical literature. In this paper, we analyse the finance-growth nexus using a fixed-effects panel model and unbalanced panel data from 25 transition countries during...
Persistent link: https://www.econbiz.de/10005648591
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality …
Persistent link: https://www.econbiz.de/10010334229
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … declare low and high levels of happiness. Rising income inequality moderates the fall in happiness inequality, and may even … the happiness of all, it will at least harmonize the happiness of all, providing that income inequality does not grow too …
Persistent link: https://www.econbiz.de/10010287229
This study analysed the contribution of economic growth and redistribution components to aggregate poverty changes in Ireland from 1987-2005, using the Shapley value decomposition approach. The analysis used the household disposable income data from the Household Budget Survey to calculate...
Persistent link: https://www.econbiz.de/10009733719
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be … Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine … whether inequality of opportunity – driven by circumstances at birth - has a negative effect on subsequent growth. Results are …
Persistent link: https://www.econbiz.de/10010878124
-level datasets, as well as datasets reconstructed from grouped data on income distribution taken from the World Income Inequality … growth in the short term, while the impact of income inequality on growth is statistically insignificant. Our results are …
Persistent link: https://www.econbiz.de/10010878126
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality …
Persistent link: https://www.econbiz.de/10011267929
Evidence of an increase in inequality since the 1970s has motivated research on its relationship to growth and … researchers rely on different group measures of inequality. Inequality by gender, household, class, and ethnicity may produce …, the effect of inequality on growth depends on the measure used. For example, inequalities in capabilities (such as …
Persistent link: https://www.econbiz.de/10005413423