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distributions. Social planners commonly use two SWFs: SWFε implied by income inequality aversion (ε) and SWFv implied by rank … inequality aversion (v). However, a voluntary choice of ε or v may result in inconsistent assessments of social welfare embodied … consistent assessments of social welfare, inequality and poverty embodied in a given income distribution. Methods: We propose …
Persistent link: https://www.econbiz.de/10014552762
Persistent link: https://www.econbiz.de/10014515808
This paper analyzes the relationship between economic growth, inequality and redistribution. In a cross-country setting … for 25 EU countries over the period 2007-2019, we show that market income inequality is associated with higher growth in … NBS) boosts growth in the short run, driven by the consumption and private investment channels. On the other hand …
Persistent link: https://www.econbiz.de/10014508056
This study analysed the contribution of economic growth and redistribution components to aggregate poverty changes in … changes into growth and redistribution components revealed that the growth component dominates the redistribution component in … tax systems. We also investigated the extent to which economic growth experienced over the survey period has been pro …
Persistent link: https://www.econbiz.de/10009733719
and donors. The outcome, the World Bank admits, is that Mozambique showed remarkable growth, which largely benefitted the … oligarchs and foreign companies and agencies, while poverty and inequality grew to record levels. This paper shows the intense …
Persistent link: https://www.econbiz.de/10013468507
We examine vulnerability to poverty in Tajikistan during the global financial crisis, focusing on the roles played by international migration and remittances, using a formal, practical, and easily decomposable vulnerability measure. Our strategy is to estimate a Markov transition probability...
Persistent link: https://www.econbiz.de/10011607436
In this article, we show the evolution of inequality for the largest economies of the Latin American region in the 21st … century, with separate consideration of income and wealth. We analyse the drivers of the changes in inequality and possible …
Persistent link: https://www.econbiz.de/10011631271
An issue of interest in the literature that explores the drivers of inequality is the distributional bearing of tax and … judgements implicit in tax and transfer policy provides a fresh perspective on the evolution of income inequality and … redistribution; one that departs from the prevailing view that UK inequality stopped rising from the early 1990s. …
Persistent link: https://www.econbiz.de/10012019325
Expansion of the public sector and redistributive policies may reduce income inequality, but formal tests suffer from … income inequality and government size, measured as the government expenditure share in GDP. Using a novel instrument – the … the true role of the government in attenuating income inequality. The estimated relationship between income inequality and …
Persistent link: https://www.econbiz.de/10012051605
This paper explores the long-term effect of migration on economic inequality between the 28 EU member states, covering … significant effect on development and economic growth in 28 member states. However, the findings also indicate that some countries …
Persistent link: https://www.econbiz.de/10012051607