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Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium...
Persistent link: https://www.econbiz.de/10012777769
Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth …: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a … poverty-reducing pattern of growth in relative incomes. I empirically decompose changes in poverty in a large sample of …
Persistent link: https://www.econbiz.de/10012783215
This paper considers various dimensions and sources of gender inequality and presents policies and best practices to address these. With women accounting for fifty percent of the global population, inclusive growth can only be achieved if it promotes gender equality. Despite recent progress,...
Persistent link: https://www.econbiz.de/10013238140
, inequality, and government spending on poverty reduction. A new panel dataset has been assembled on inequality and poverty that … reduces measurement error and ensures comparability across countries and over time. The empirical results in this paper …
Persistent link: https://www.econbiz.de/10013318088
We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment in developing countries during 2001-07, a period of surging global liquidity and low interest rates. Reductions in the global price of risk and in domestic borrowing costs were...
Persistent link: https://www.econbiz.de/10013102284
External conditions have been found to influence the tendency of emerging market and developing economies to experience episodes of growth accelerations and reversals. In this paper we study the role of domestic policies and other structural attributes in amplifying or mitigating the effect that...
Persistent link: https://www.econbiz.de/10012866906
Using a comprehensive database on bank credit, covering 135 developing countries over the period 1960–2011, we identify, document, and compare the macro-economic dynamics of credit booms across low- and middle-income countries. The results suggest that while the duration and magnitude of...
Persistent link: https://www.econbiz.de/10013027670
We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...
Persistent link: https://www.econbiz.de/10013295135
Capital markets can improve risk sharing and the efficiency with which capital is allocated to the real economy, boosting economic growth and welfare. However, despite these potential benefits, not all countries have well developed capital markets. Moreover, government-led initiatives to develop...
Persistent link: https://www.econbiz.de/10013028671
inform policy by complementing the analysis of standard macro-level measures of inequality and poverty with a household …-level analysis of subjective perceptions of poverty. We find that many more people appear to feel poor than are classified as such …
Persistent link: https://www.econbiz.de/10012996074