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Inequality and locational determinants of the distribution of living standards in India
Balasubramanian, Sriram; Dhir, Rishabh Kumar; Loungani, … - 2021
economic migration from rural to urban areas within a fast-growing emerging economy. While individuals cannot easily alter …
Persistent link: https://www.econbiz.de/10012518698
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Stranded! : how rising inequality suppressed US migration and hurt those “left behind”
Bayoumi, Tamim A.; Barkema, Jelle - 2019
Using bilateral data on migration across US metro areas, we find strong evidence that increasing house price and income … inequality has reduced long distance migration, the type most linked to jobs. For those migrating uphill, from a less to a more … dominate the incentives from higher earnings. By contrast, increasing income inequality drives the fall in downhill migration …
Persistent link: https://www.econbiz.de/10012022044
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Multiple dimensions of Human Development Index and public social spending for sustainable development
Paliova, Iana; McNown, Robert F.; Nülle, Grant - 2019
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) - standard of living, education and health, and their...
Persistent link: https://www.econbiz.de/10012103758
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Remittances in Russia and Caucasus and Central Asia : the gravity model
Poghosyan, Tigran - 2020
Remitances are an important source of external financing in low- and middle-income countries. This paper uses the gravity model to analyze remittance flows in Russia and Caucasus and Central Asia (CCA) countries. Standard gravity determinants, such as GDP in sending and recieiving countries,...
Persistent link: https://www.econbiz.de/10012299334
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The macroeconomic costs of conflict
Novta, Natalija; Pugacheva, Evgenia - 2020
Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset. Conflict is also associated with dramatic declines...
Persistent link: https://www.econbiz.de/10012252077
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China’s labor market in the “new normal”
Lam, W. Raphael; Liu, Xiaoguang; Schipke, Alfred - 2015
As China implements reforms under the "new normal," maintaining stability in the labor market is a priority. The country's demography and labor dynamics are changing, after benefitting in past decades from ample cheap labor. So far, the labor market appears to be resilient, even as growth slows,...
Persistent link: https://www.econbiz.de/10011374776
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Are African Households Heterogeneous Agents? : Stylized Facts on Patterns of Consumption, Employment, Income and Earnings for Macroeconomic Modelers
Fox, Louise - 2015
This paper reviews the evidence on how households in Sub-Saharan Africa segment along consumption, income and earning dimensions relevant for quantitative macroeconomic policy models which incorporate heterogeneity. Key findings include the importance of home-grown food in the income and...
Persistent link: https://www.econbiz.de/10014412103
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Links between growth, inequality, and poverty : a survey
Cerra, Valerie; Lama C., Ruy; Loayza, Norman - 2021
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
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Finance, growth, and inequality
Levine, Ross - 2021
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