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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/10013170278
Employment is key to combating poverty. Thus, detractors of social assistance programs argue that they create disincentives to work. While there is substantial evidence showing limited effects of these programs on overall labor supply, the jury is still out with respect to their impact on formal...
Persistent link: https://www.econbiz.de/10012252007
policymakers' social discount rate and on the weight of distributional objectives in the social welfare function …
Persistent link: https://www.econbiz.de/10012252029
Rodriguez-Clare (2014), we estimate the welfare effects of the AfCFTA for 45 countries in Africa. Three different model … welfare gains from trade liberalization in Africa. As intra-regional import tariffs in the continent are already low, the bulk … specifications used, with considerable variation of potential welfare gains across countries in all model structures …
Persistent link: https://www.econbiz.de/10012102028
Global attention to ending child marriage and its socio-economic consequences is gaining momentum. Ending child marriage is not only critical from a development perspective but it also has important economic implications. This paper is the first to quantify the relationship between child...
Persistent link: https://www.econbiz.de/10012170160
trade flows and welfare in the estimated model. The welfare effects turn out to be quite close to those in the standard …
Persistent link: https://www.econbiz.de/10011978438
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in...
Persistent link: https://www.econbiz.de/10012518886
Finance and growth emerged as a distinct field of economics during the last three decades as economists integrated the fields of finance and economic growth and then explored the ramifications of the functioning of financial systems on economic growth, income distribution, and poverty. In this...
Persistent link: https://www.econbiz.de/10012612328
This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, id est in support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design. Then, it elaborates on more granular tax policy,...
Persistent link: https://www.econbiz.de/10012485968
Persistent link: https://www.econbiz.de/10009424696