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This paper focuses on the role of institutions in the fight against poverty and inequality. Our view of institutions …-income poverty à la capability approach of Amartya Sen) allows a rich discussion of policy interventions. While both orientations as … to the concepts of poverty, inequality and institutions are expounded on a priori reasoning, empirical analysis with LAC …
Persistent link: https://www.econbiz.de/10011514135
persons for the years 1980, 1990 and 2000, and world poverty rates for the same years. It also presents the results of a …This paper presents estimates of world output growth from 1970 to 2000, the distribution of income among countries and … series of simulation exercises that attempt isolate the effect of particular country and regional experiences on world output …
Persistent link: https://www.econbiz.de/10011514125
poverty in the pandemic’s first wave is studied, controlling for other underlying factors, in a sample of 141 countries. An … income. Poverty as measured by the $1.90 per day standard has a small negative association with death rates. The elasticity …
Persistent link: https://www.econbiz.de/10012489645
estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected incomes. The bias is … substantial and systematic: the poorer a country, the more its income tends to be overestimated. Consequently, international …
Persistent link: https://www.econbiz.de/10008732283
While standard political economy theories suggest a moderating effect of democratization on income inequality, empirical literature has failed to uncover any such robust relationship. Here we take yet another look at this issue arguing first, that prevailing ideology may be an important...
Persistent link: https://www.econbiz.de/10011397917
Education has been one of the key determinants of economic growth around the world since 1965. In this paper, we …
Persistent link: https://www.econbiz.de/10011506215
When types of workers are imperfect substitutes, the Mincerian rate of return to human capital is negatively related to the supply of human capital. We work out a simple model for the joint evolution of output and wage dispersion. We estimate this model using cross-country panel data on GDP and...
Persistent link: https://www.econbiz.de/10011408972
Considerable concern has been expressed in recent years about declines in voter participation rates in the United States and in several other major democratic countries. Some feel low participation rates introduce a class bias into the political process and thereby worsen the outcomes from it....
Persistent link: https://www.econbiz.de/10011408980
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U-shaped way on education. To maintain a given level...
Persistent link: https://www.econbiz.de/10011409838
country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in …
Persistent link: https://www.econbiz.de/10002757774