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We suggest an explanation for the existence of “mission drift”, the tendency for Microfinance Institutions (MFIs) to lend money to wealthier borrowers rather than to the very poor. We focus on the relationship between MFIs and external funding institutions. We assume that both the MFIs and...
Persistent link: https://www.econbiz.de/10013245624
ominous messages for using equitable growth in fighting poverty. Rapid growing developing economies need to adopt appropriate …High income growth in many countries in East Asia and the Middle East has been accompanied by increasing income … interrelationships between inequality and economic growth. This paper develops a simple model to establish that the change in income …
Persistent link: https://www.econbiz.de/10010288473
income. Poverty as measured by the $1.90 per day standard has a small negative association with death rates. The elasticity … poverty in the pandemic’s first wave is studied, controlling for other underlying factors, in a sample of 141 countries. An …
Persistent link: https://www.econbiz.de/10013237221
Poverty-reducing policies ought to prioritize the "deserving" poor, that is, those who do all that can be reasonably … of poverty indices that address these issues. Formally, poverty is measured by the sum of specific indices of individual … are unwilling to accept a job that brings them out of poverty …
Persistent link: https://www.econbiz.de/10012838242
This paper investigates inequality and intragenerational economic mobility in a developing country with large inequality. Understanding economic mobility is important because it shapes our perception of inequality. Despite its significance, evidence on intragenerational mobility, especially that...
Persistent link: https://www.econbiz.de/10014262489
growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …
Persistent link: https://www.econbiz.de/10012892099
When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … growth since 1980 than when keeping top groups fixed. For earlier historical periods, our analysis shows that choice of …
Persistent link: https://www.econbiz.de/10012892200
theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to … be observationally equivalent to the Solow (1956) model of steady state growth. It can easily and effectively reflect on … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …
Persistent link: https://www.econbiz.de/10013314959
the relationship between economic growth and income inequalities. The main objective is to understand how the GDP and GNI … economic growth with the market and disposable Gini indexes, the Palma and S80S20 ratios, and the income of the wealthier 10 … possibility to promote GNI per capita increasing policies, which could lead to higher economic growth while minimizing income …
Persistent link: https://www.econbiz.de/10014264446
demands of public spending, this paper analyzes the tradeoff between growth and volatility of tax revenues in Latin America …-cyclical discretionary fiscal policy in the region. Our detailed elasticity estimates can give some orientation on how to reach necessary …
Persistent link: https://www.econbiz.de/10010275014