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productivity growth, a rise in income inequality, and public policy. The model can account for a 2.2 percentage point (pp) decline … in r* between 1975 and 2015, which is within the range of empirical estimates. Rising income inequality is an important … most of the decline. Growing public debt is the major counteracting force (+0.31 pp). Permanent income inequality is of …
Persistent link: https://www.econbiz.de/10013170272
We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth … inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …
Persistent link: https://www.econbiz.de/10012517949
be explained by location alone. Consumption levels and locational inequality are positively related. In effect, from an …
Persistent link: https://www.econbiz.de/10012518698
This paper uses an individual-level survey conducted by the Edelman Trust Barometer in mid-April for 11 advanced and emerging market economies to examine perceptions of government performance in managing the health and economic crisis, beliefs about the future, and attitudes about...
Persistent link: https://www.econbiz.de/10012518743
This paper considers various dimensions and sources of gender inequality and presents policies and best practices to …
Persistent link: https://www.econbiz.de/10012518760
ended in late 2020. The challenge will be to avoid a sharp increase in poverty and inequality if the labor market does not …
Persistent link: https://www.econbiz.de/10012518867
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 reducing poverty, but its impact on inequality is ambiguous and depends on …
Persistent link: https://www.econbiz.de/10012518886
Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...
Persistent link: https://www.econbiz.de/10012518902
claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …
Persistent link: https://www.econbiz.de/10012518909
marked increase in inequality. Beyond consumer welfare in a narrow market, competition policy should adapt to this new … reality by considering the spillover and dynamic effects of market power, especially on firm entry, innovation, and inequality …
Persistent link: https://www.econbiz.de/10012518975