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and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect. …
Persistent link: https://www.econbiz.de/10010211159
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010423766
benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of …
Persistent link: https://www.econbiz.de/10002452374
Persistent link: https://www.econbiz.de/10002238778
Despite the increasing importance of remittances in total international capital flows, the relationship between … remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in … particular how local financial sector development influences a country's capacity to take advantage of remittances Using a newly …
Persistent link: https://www.econbiz.de/10003333108
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990-2011. Our results indicate that there is evidence of bidirectional causality between...
Persistent link: https://www.econbiz.de/10010488272
This paper investigates the effect of firm-level investment on the levels of income inequality and poverty. Using a …-level investment is also negatively related to several measures of poverty. Overall, our results indicate that firm-level capital … reducing inequality and poverty. Our results may also be beneficial to policy makers as they consider a variety of regulatory …
Persistent link: https://www.econbiz.de/10013433227
This paper investigates the impact of financial liberalization on remittances to 84 countries over five-year intervals … reform impact remittances differently. Increased economic freedom in the financial sector, captured by absence of direct … remittances is slightly negative. Our results suggest that countries using liberalization to cope with external imbalances will …
Persistent link: https://www.econbiz.de/10009771737
Income inequality is on the rise, and everyone, from President Obama and Pope Francis to Prince Charles and Standard & Poor's, is talking about it. But these conversations about what are arguably the most significant changes in the distribution of incomes and earnings since the 1940s are leading...
Persistent link: https://www.econbiz.de/10011732002
and compare two important components of those losses - increased mortality and higher poverty - using years of human life … period and by the most conservative definition, over 120 million additional years were spent in poverty because of the … poverty burden, on the contrary, declines with per capita national incomes when a constant absolute poverty line is used, or …
Persistent link: https://www.econbiz.de/10012518090