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relationship between income inequality and the level of economic development. We also find that the redistributive impact of fiscal …
Persistent link: https://www.econbiz.de/10012839678
Spain's structural reforms, implemented around 2012, have arguably contributed to a faster and stronger economic recovery. In particular, there is strong evidence that the 2012 labor market reforms increased wage flexibility, which helped the Spanish economy to regain competitiveness and create...
Persistent link: https://www.econbiz.de/10012839681
additional spending across SSA is significant, at 19 percent of GDP in 2030; ii) countries must prioritize their development … long-term development plans and medium-term policy commitments …
Persistent link: https://www.econbiz.de/10012843504
Multidimensional assessment of human development is increasingly recognized as playing an important role in assessing … well-being. The focus of analysis is on the indicators measuring the three dimensions of Human Development Index (HDI … Sustainable Development. The study estimates the effects of public social spending on gross national income (GNI) per capita (in …
Persistent link: https://www.econbiz.de/10012859863
Inclusive growth, narrowly defined in this paper as growth that helps reduce inequality, is achieved if consumption of the poor increases faster than consumption of the rich. The paper presents a simple accounting framework for a per-percentile consumption diagnostics that could inform...
Persistent link: https://www.econbiz.de/10012836529
marriage is not only critical from a development perspective but it also has important economic implications. This paper is the …
Persistent link: https://www.econbiz.de/10012840221
China's growth potential has become a hotly debated topic as the economy has reached an income level susceptible to the 'middle-income trap' and financial vulnerabilities are mounting after years of rapid credit expansion. However, the existing literature has largely focused on macro level...
Persistent link: https://www.econbiz.de/10012843511
We posit that the relationship between income inequality and economic growth ismediated by the level of equality of opportunity, which we identify with intergenerationalmobility. In economies characterized by intergenerational rigidities, an increase in incomeinequality has persistent...
Persistent link: https://www.econbiz.de/10012889158
components suggests that fiscal redistribution, female labor force participation, productivity growth, FDI inflows …
Persistent link: https://www.econbiz.de/10012826032
This paper seeks to illuminate the uncertainty in official GDP per capita measuresusing auxiliary data. Using satellite-recorded nighttime lights as an additional measurementof true GDP per capita, we provide a statistical framework, in which the error inofficial GDP per capita may depend on the...
Persistent link: https://www.econbiz.de/10012869295