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Priority roads : the political economy of Africa's interior-to-coast roads

Bonfatti, Roberto; Gu, Yuan; Poelhekke, Steven - 2019

Africa's interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...

Persistent link: https://www.econbiz.de/10011966676

Subjective well-being, income, economic development and growth

Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2010

; development ; Easterlin Paradox ; well-being-income gradient ; hedonic treadmill …

Persistent link: https://www.econbiz.de/10008697413

Understanding the growth of the middle class in Bolivia

Beverinotti, Javier; Canavire-Bacarreza, Gustavo; … - 2021

In this paper we aim to disentangle how sectoral economic growth affects the size of the middle class, using state-level data of Bolivia from 2000 to 2017 and breaking the three main economic activities into subsectors to attain more-specific results. Because the data from Bolivia are limited,...

Persistent link: https://www.econbiz.de/10012599748

Income inequality, capitalism and ethno-linguistic fractionalization

Sturm, Jan-Egbert; Haan, Jakob de - 2015 - Version 24 December 2014

We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our results suggest that there is no robust...

Persistent link: https://www.econbiz.de/10010474859

Trade openness and income inequality : new empirical evidence

Dorn, Florian; Fuest, Clemens; Potrafke, Niklas - 2021

We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...

Persistent link: https://www.econbiz.de/10012599018

Richer or more numerous or both? : the role of population and economic growth for top income shares

Krolage, Carla; Peichl, Andreas; Waldenström, Daniel - 2018

When measuring income inequality over long periods of time, accounting for population and productivity growth is important. This paper presents three alternative measures of top income shares that more explicitly account for population and income growth than the standard measure. We apply these...

Persistent link: https://www.econbiz.de/10011939792

Structural reforms and income inequality : who benefits from market-oriented reforms?

Gründler, Klaus; Potrafke, Niklas; Wochner, Timo - 2020

We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest that market-oriented structural reforms were...

Persistent link: https://www.econbiz.de/10012154916

Globalization and income inequality revisited

Dorn, Florian; Fuest, Clemens; Potrafke, Niklas - 2018

This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link between globalization and income inequality differs across...

Persistent link: https://www.econbiz.de/10011789164

Growth of income and welfare in the U.S. 1979-2011

Komlos, John - 2016

a multiple of 8.1 to a multiple of 11.3. We next estimate growth in welfare assuming diminishing marginal utility of … income. A logarithmic utility function yields a growth in welfare for the middle class of roughly 0.01% to 0.07% per annum …, which is indistinguishable from zero. With interdependent utility functions only the welfare of the 5th quintile experienced …

Persistent link: https://www.econbiz.de/10011458031

Distributional effects of surging housing costs under Schwabe's law

Grossmann, Volker; Larin, Benjamin; Löfflad, Hans Torben; … - 2019

for wealth inequality and welfare. We employ a frictionless two-sectoral macroeconomic model with a housing sector to … investigate the dynamics of wealth inequality and the determinants of welfare. Households have non-homothetic preferences … by 0.7 percentage points (measured by the top 10 percent share). Average welfare increases by 0.5 percent. The household …

Persistent link: https://www.econbiz.de/10012026424