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I review the literature on the effects of inequality on growth and development in the developing world. Two stylized … facts emerge from empirical studies: inequality is more likely to harm growth in countries at low levels of income (below … .45. Theory and evidence suggest that high inequality affects growth: (1) through interaction with incomplete and …
Persistent link: https://www.econbiz.de/10005162630
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
of the environment in development, income inequality and the economic conditions in Haiti. Throughout this project, the …
Persistent link: https://www.econbiz.de/10010672467
Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial groups, including the importance of receiving inheritances...
Persistent link: https://www.econbiz.de/10012388949
In this paper, we present updated measures of racial disparities in wealth using the most recent data from the Survey of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by Sabelhaus and Volz (2020). Including this important asset,...
Persistent link: https://www.econbiz.de/10014304774
information is inadequate to fully capture the evolution of inequality and the properties of earnings changes. We also study the …
Persistent link: https://www.econbiz.de/10014319979
We quantify the contribution of rental income to pre- and post-government equivalent household income inequality and of … housing wealth to net wealth inequality between 2002 and 2017 in Germany by means of a factor decomposition. Further, we … explains an increasing share of income inequality; and that the wealth inequality contribution of primary residence has …
Persistent link: https://www.econbiz.de/10014459461
This paper explores disparities between White, Black, and Hispanic families using a measure of lifetime earnings developed by Jacobs et al. (2022) for the Survey of Consumer Finances (SCF). Lifetime earnings are a particularly important measure of well-being, with relevance for wealth...
Persistent link: https://www.econbiz.de/10014480403
This paper represents the first application of a novel strategy to estimate peer effects in education in a developing country. It provides evidence on peer effects in standardized tests by exploiting a unique data set on social networks in Uruguayan primary schools. The identification method...
Persistent link: https://www.econbiz.de/10010392391
In this paper, social mobility is measured by looking at the extent to which family background determines socioeconomic success. Roughly speaking, social mobility can be measure by means of two distinct types of correlations: intergenerational correlations and sibling correlations.
Persistent link: https://www.econbiz.de/10010943626