Showing 1 - 10 of 15
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
This paper documents an inverse U-shape in the evolution of wage inequality in Latin America since 1995, with a sharp reduction starting in 2002. The Gini coefficient of wages increased from 42 to 44 between 1995 and 2002 and declined to 39 by 2015. Between 2002 and 2015, the 90/10 log hourly...
Persistent link: https://www.econbiz.de/10012114119
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
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
-averse individuals. -- happiness ; inequality ; economic growth ; development ; Easterlin paradox …
Persistent link: https://www.econbiz.de/10009575162
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
Vietnam has achieved remarkable success in reducing poverty while controlling inequality. The country's broad-based growth reflects the government's focus on developing labor-intensive export sectors while investing heavily in human capital that saw the country exceed its peers. However, gains...
Persistent link: https://www.econbiz.de/10012645200
The Coronavirus (COVID-19) pandemic arrived in Brazil while the poorest forty percent of the population was still recovering from the 2014-2016 crisis. After boosting Latin America's reduction in poverty and inequality for the previous decade, Brazil's 2014-2016 crisis and recovery are a stark...
Persistent link: https://www.econbiz.de/10012647474