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In the distributive analysis, the constant relative inequality aversion utility function is a standard tool for ethical … judgements of income distributions. The sole parameter ε of this function expresses a society's aversion to inequality. However … inequality aversion utility function using datasets available from the Luxembourg Income Study Database. We utilise the method of …
Persistent link: https://www.econbiz.de/10013467156
opportunities but at the same time also contributed to greater wage inequality. Finally, the growth in the supply of skilled workers … identifies the relevant pathways between macro-economic developments and earnings inequality among the whole working … inequality; it transmitted inequality mainly through raising wage dispersion. Economic globalisation, in terms of both rapidly …
Persistent link: https://www.econbiz.de/10010335507
conditioning on a variety of country-level factors that may matter for growth and inequality changes. This evidence confirms the … also small relative to the variation in growth in average incomes, implying that the latter accounts for most of the … variation in income growth in the poorest quintiles. These findings hold across most regions and time periods and when …
Persistent link: https://www.econbiz.de/10010335550
Understanding the complex relations between trade integration and poverty reduction is now a priority for Latin American policymakers. The chapters of this book, penned by eminent authors with a long-standing record in the field, represent the current state of knowledge about trade and poverty...
Persistent link: https://www.econbiz.de/10010772398
Port of Spain on July 13th, 2004. After more than a decade of economic growth and despite encouraging prospects for the … growth and to benefit its citizens more equitably, the country must continue to grapple with major issues. This report sheds …
Persistent link: https://www.econbiz.de/10010772498
of the environment in development, income inequality and the economic conditions in Haiti. Throughout this project, the …
Persistent link: https://www.econbiz.de/10010672467
growth in the short term, while the impact of income inequality on growth is statistically insignificant. Our results are …This study examines empirically the impact of income polarization on economic growth in an unbalanced panel of more …-level datasets, as well as datasets reconstructed from grouped data on income distribution taken from the World Income Inequality …
Persistent link: https://www.econbiz.de/10010335431
This paper revisits economic growth in Colombia using a growth diagnostics methodology to identify the most binding … constraints for economic growth and the policies that, if implemented, can have the largest positive impact. The data shows … for economic growth, independent of whether uncertainties from poor protection to property rights are resolved. …
Persistent link: https://www.econbiz.de/10010943928
countries. The persistence of high incidence of poverty and inequality may be largely explained by the poor performance of labor … opportunities to the poor. In that sense, the links between economic growth, employment creation and the distribution of labor …
Persistent link: https://www.econbiz.de/10010944229
Caribbean section of the "Global Research Project: Explaining Growth" of the Global Development Network (GDN), a research effort … falling behind. The growth record of Latin America in the recent past has been poor. For decades the average income per capita …
Persistent link: https://www.econbiz.de/10010772497