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Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and … empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The … evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on …
Persistent link: https://www.econbiz.de/10012518886
intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of financial depth as …
Persistent link: https://www.econbiz.de/10014404211
Several recent empirical studies have examined determinants of economic growth using country average (cross … industrial and developing countries over 1960-85 to determine the quantitative importance for economic growth of both country … results provide support for the view that these factors exert a positive and significant influence on economic growth. They …
Persistent link: https://www.econbiz.de/10014395840