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development until countries reach upper-middle income, and only thereafter falls. This note quantifies the shape of the mobility …
Persistent link: https://www.econbiz.de/10010423766
In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class that is based on an income threshold will adequately capture the political and social meanings of being middle class. We therefore propose a multi-dimensional definition, rooted...
Persistent link: https://www.econbiz.de/10011388311
We estimate trends in global earnings dispersion across occupational groups using a new database covering 66 developed and developing countries between 1970 and 2015. Our main finding is that global earnings inequality has declined, primarily during the 2000s, when the global Gini coefficient...
Persistent link: https://www.econbiz.de/10011647672
countries. We structurally estimate a model of oligopsony with free entry for countries at different stages of development and … the top of the development ladder. …
Persistent link: https://www.econbiz.de/10014394242
Periods of rapid economic growth in developing countries have been well studied in terms of poverty and income inequality reduction, but much less is known about the performance of these countries in terms of economic mobility. We study intragenerational mobility in Peru using an asset-based...
Persistent link: https://www.econbiz.de/10014366727
of economic development. Favorable economic institutions ensure the appropriability of rents in form of a state of law …, institutions shape the income distribution. Simulations illustrate how inequality affects the development process and may lead to …
Persistent link: https://www.econbiz.de/10002543970
-averse individuals. -- happiness ; inequality ; economic growth ; development ; Easterlin paradox …
Persistent link: https://www.econbiz.de/10009575162
more important in understanding long-run development paths and document that municipalities with greater political … research on long-run comparative development should investigate the implications of political inequality as well as those of …
Persistent link: https://www.econbiz.de/10012759965
also provides insights about the brain drain, migration, and the role for multinationals in development. More generally … development. It shows how endogenous educational decisions can replace exogenous technology differences in a range of economic …
Persistent link: https://www.econbiz.de/10012751445
What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical inheritance rules for land in Germany. In some German areas, inherited land was to be shared or divided equally among children, while in others land was ruled to be indivisible....
Persistent link: https://www.econbiz.de/10012288516