Showing 1 - 10 of 11
relatively poor for both rural and urban areas across the states of India. The hypotheses that inequality impacts consumption …
Persistent link: https://www.econbiz.de/10011931963
Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the …
Persistent link: https://www.econbiz.de/10011615862
in every domain of economic behaviour inequality or relative changes has become a major concern. We propose an inequality …
Persistent link: https://www.econbiz.de/10011657118
The purpose of this research study has been to expand our understanding of the finance-growth ‘nexus’ to finance-growth-inequality … data for two rounds the study attempts to assess the co-evolution of finance-growth-inequality in an intertemporal … is obtained from banks or lower if the household lives below poverty line. The same also holds for the rate of growth of …
Persistent link: https://www.econbiz.de/10012018120
coefficient over last four decades. This seems to suggest a robust empirical evidence that the growth or change in inequality … across nations has a negative relation with initial degree of inequality. This would imply that poorer nations starting with … higher degree of inequality experience weaker growth in inequality, exhibiting some sort of convergence in the inequality …
Persistent link: https://www.econbiz.de/10012207884
critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all …. Technological progress without physical capital accumulation magnifies inequality in or out of steady state, generating a Picketty …
Persistent link: https://www.econbiz.de/10012425595
This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced outside the production process as a financial capital or credit as per the classical Ricardian wage fund framework. Stock of credit or financial capital as past savings, finances...
Persistent link: https://www.econbiz.de/10013266637
specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small … is skilled-labor scarce. We also address the effects of such trade opening on wage inequality. …
Persistent link: https://www.econbiz.de/10012799706
appears to have caused a high degree of economic inequality, and democratization in the form of franchise expansion has … between other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience …
Persistent link: https://www.econbiz.de/10010314955
While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …
Persistent link: https://www.econbiz.de/10010315083