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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 … income inequality to decline. The conjoined parameters retard growth's inequality-enhancing effect and thus facilitate long …
Persistent link: https://www.econbiz.de/10012777769
The combination of stagnant growth and high levels of income inequality renewed the debate about whether a more even … distribution of income can spur economic activity. This paper tests for cross-country convergence in income inequality and … empirical challenges plaguing the literature. We find that income inequality is converging across countries, and that its impact …
Persistent link: https://www.econbiz.de/10012962147
We review the debate on the association of financial globalization with inequality. We show that the within …
Persistent link: https://www.econbiz.de/10013243076
resource: female labor. By allocating female labor to its more productive use, we hypothesize that reducing gender inequality … women grow relatively faster in countries with ex-ante lower gender inequality. The test allows us to identify the causal … effect of gender inequality on industry growth in value-added and labor productivity. Our findings show that gender …
Persistent link: https://www.econbiz.de/10012827585
This paper examines the empirical relationship between inequality and growth, and analyzes the impacts of growth …, inequality, and government spending on poverty reduction. A new panel dataset has been assembled on inequality and poverty that … challenge the belief that income inequality has a negative effect on growth and confirm the validity of the Kuznets curve …
Persistent link: https://www.econbiz.de/10013318088
between the operation of the financial system and economic growth and inequality. While subject to ample qualifications, the …
Persistent link: https://www.econbiz.de/10013306793
aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could …
Persistent link: https://www.econbiz.de/10013098277
This paper applies the work of Berg and Ostry (2011) to the SACU region, to identify how inequalities have played a role in growth in each of these countries, and elaborates policy options to mitigate the effects of inequalities and foster growth. Lower income inequalities could lead to...
Persistent link: https://www.econbiz.de/10013088730
The paper examines Senegal's growth performance from the perspective of its povertyreducingand distributional characteristics, and discusses policies that might help makegrowth more inclusive. The main findings are that poverty has fallen in the last two decades,but poverty reduction has slowed...
Persistent link: https://www.econbiz.de/10013072604
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...
Persistent link: https://www.econbiz.de/10012783215