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inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … by 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality … identifying assumptions. We also analyze partial liberalization shocks: efficiency and inequality effects are roughly proportional …
Persistent link: https://www.econbiz.de/10010736743
inequality and widening gaps between rich and poor, and urban and rural. It is therefore it is important to examine the … interrelationships between inequality and economic growth. This paper develops a simple model to establish that the change in income …, inequality and growth bear a non-linear relationship: for low values of inequality, economic growth rate is an inverted U …
Persistent link: https://www.econbiz.de/10010580969
unimodal one, the evolution of the health distribution has preceded that of income, global inequality and poverty has decreased … indicates that global inequality would be underestimated if within-country inequality is not taken into account. Moreover …, global inequality and poverty would be substantially underestimated if the dependence between the income and health …
Persistent link: https://www.econbiz.de/10005196304
Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more up-to-date. However, for many emerging and developing countries there is a lack of such surveys. This gap can, at least partly, be filled by the Ifo World Economic Survey (WES)....
Persistent link: https://www.econbiz.de/10012979100
in the Netherlands by a flat rate will harm labour market performance if aggregate income inequality is contained. This …
Persistent link: https://www.econbiz.de/10012777829
social welfare has important implications for both the economics of climate change and comparative development. …
Persistent link: https://www.econbiz.de/10010747215
necessarily mean that giving money to women is a good development policy. We show that depending on the nature of the production …
Persistent link: https://www.econbiz.de/10010747224
possible problems with overreaction to public information. Furthermore, we suggest a new focus for development policy. …
Persistent link: https://www.econbiz.de/10005094193
I argue that whether or not a state is "predatory" hinges on the relationship between development and the distribution … of political power in society. Development is typically inconsistent with the preservation of the political status quo …, the more likely the state is to be predatory. Initial inequality, since it influences the likelihood of political …
Persistent link: https://www.econbiz.de/10005094304
We estimate the effect of political regime transitions on growth with semi-parametric methods, combining difference in differences with matching, that have not been used in macroeconomic settings. Our semi-parametric estimates suggest that previous parametric estimates may have seriously...
Persistent link: https://www.econbiz.de/10005181259