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Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. This study uses two new metadata...
Persistent link: https://www.econbiz.de/10012966024
This paper uses cross-section data for 107 countries to explore the relationship between gender inequality and economic growth. The paper departs from the literature by using a broad measure of gender inequality that goes well beyond gender inequality in education, which has been the focus of...
Persistent link: https://www.econbiz.de/10012972226
Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, most of the...
Persistent link: https://www.econbiz.de/10012973293
-income countries, inequality has a significant negative effect on transitional growth. For the median country in the world that in 2015 …
Persistent link: https://www.econbiz.de/10012917240
The author analyzes the stability of the empirical relationship between growth and changes in inequality over time. He concludes that while during the 1970s and 1980s the growth process was not accompanied by increases in inequality, during the 1990s a positive and significant correlation...
Persistent link: https://www.econbiz.de/10012748121
In 2013, the World Bank adopted two goals: First, reduce global extreme poverty to 3 percent by 2030. Second, promote … percentage points faster than the mean, the World Bank's poverty goal is achieved with the global poverty falling to below 3 …
Persistent link: https://www.econbiz.de/10012937674
uses a database assembled by the World Bank Group to investigate some basic characteristics of shared prosperity …
Persistent link: https://www.econbiz.de/10012973893
Persistent link: https://www.econbiz.de/10013187504
Support for economic reforms has often shown puzzling dynamics: many reforms that began successfully lost public support. This paper shows that learning dynamics can rationalize this paradox because the process of revealing reform outcomes is an example of sampling without replacement. This...
Persistent link: https://www.econbiz.de/10012972970