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This paper surveys the literature on the relationship between international trade and inclusive growth. It examines … claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …
Persistent link: https://www.econbiz.de/10012518909
between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U … relationship between growth and inequality can take the form of a wave. Secondly, we examine the issue of the existence of …
Persistent link: https://www.econbiz.de/10010531112
pulls many households supporting them into poverty. We also show that the household formation responses draw some unemployed …
Persistent link: https://www.econbiz.de/10011399582
Persistent link: https://www.econbiz.de/10003444342
Persistent link: https://www.econbiz.de/10003530091
swamps remittances, this paper finds that remittances, which are a stable, private transfer, have a direct poverty mitigating … remittances, poverty and financial development. The paper posits that formalizing such flows can serve as an effective access …
Persistent link: https://www.econbiz.de/10014400356
current level of utility is lower than this value, there is room for growth of both the utility level and the maximin value …. For any resource allocation mechanism (ram) and economic dynamics, growth is limited by the long-run level of the maximin … growth to stop, and the adoption of maximin decisions instead of the current ram. We illustrate this pattern in two canonical …
Persistent link: https://www.econbiz.de/10012104003
We analyze the adoption of green technology in a dynamic economy affected by random shocks where demand spillovers are the main driver of technological improvements. Firms' beliefs and consumers' anticipations drive the path of the economy. We derive the optimal policy of investment subsidy and...
Persistent link: https://www.econbiz.de/10011657885
Persistent link: https://www.econbiz.de/10010363508
partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined … inequality in rich countries. It is argued that using some unadjusted inequality measures in growth regressions may yield …
Persistent link: https://www.econbiz.de/10011409838