Showing 1 - 10 of 532
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove that every equilibrium path converges to a unique steady state, and study the effect of altruism on the properties of steady-state equilibrium. We show that aggregate income is...
Persistent link: https://www.econbiz.de/10014384038
This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...
Persistent link: https://www.econbiz.de/10003202246
The upward sloping trend of rents and house prices has initiated a debate on the consequences of surging housing costs 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...
Persistent link: https://www.econbiz.de/10012026424
tax have a significant negative effect on the household GINI index and on poverty. We also examine three alternative …
Persistent link: https://www.econbiz.de/10010361509
ominous messages for using equitable growth in fighting poverty. Rapid growing developing economies need to adopt appropriate … crucial to ensure more equity and social stability. -- growth ; inequality ; poverty ; East Asia and the Middle East …
Persistent link: https://www.econbiz.de/10009630652
This paper focuses on the role of institutions in poverty alleviation, where both poverty and institutions are … interpreted broadly. The broadening of the poverty notion is important at least from the policy perspective. Even if one were … convinced that higher growth would reduce income poverty to an acceptable margin, there appears to be little concrete policy …
Persistent link: https://www.econbiz.de/10011400868
In view of rising inequality in fast growing Asian developing countries, it is important to study the relationship between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can bear a complex and non-linear relationship if policy...
Persistent link: https://www.econbiz.de/10010531112
persons for the years 1980, 1990 and 2000, and world poverty rates for the same years. It also presents the results of a … growth and changes in global income inequality and poverty. The authors find that rapid growth in China (despite a downward … inequality. The impact of these twocountries is similarly critical with respect to global poverty reduction. …
Persistent link: https://www.econbiz.de/10011514125
This paper focuses on the role of “institutions” in the fight against poverty and inequality. Our view of institutions …’s civilisation. The inclusion of health, nutrition, and literacy indicators in defining well-being (or, non-income poverty à la … of poverty, inequality and institutions are expounded on a priori reasoning, empirical analysis with LAC data prove …
Persistent link: https://www.econbiz.de/10011514135
Intra-party contests, such as the US primaries, are often used to select a candidate for a subsequent cross-party election. A more accurate selection may improve the quality of the candidate but detract more resources from the subsequent campaign. We model this trade-off as a problem of contest...
Persistent link: https://www.econbiz.de/10015125251