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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
This study assesses the economic implications of China''s changing population in the 21st century using a numerical … mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low …
Persistent link: https://www.econbiz.de/10014404019
Persistent link: https://www.econbiz.de/10011281986
There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into food and nonfood inflation and assessing whether...
Persistent link: https://www.econbiz.de/10009618580
This paper is the first comprehensive empirical study of earnings, income, and consumption inequality in urban China … transition in urban China …
Persistent link: https://www.econbiz.de/10011716301
China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty …. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the … world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper …
Persistent link: https://www.econbiz.de/10011866405
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over …-an inverted Ushaped relationship between income inequality and economic development-in China and the panel of BRIC+ countries. In … the case of China, the empirical results indicate that government spending and taxation have opposing effects on income …
Persistent link: https://www.econbiz.de/10014412042
This paper discusses the main challenges faced by resource-rich nations in promoting equity; describes policy tools available for managing exhaustible natural resources; and analyzes the relationship between resource wealth and state fragility. It is argued that human capital accumulation,...
Persistent link: https://www.econbiz.de/10012604778
Persistent link: https://www.econbiz.de/10009486240
In Japan, intergenerational inequality in lifetime resources is substantial, with a heavier fiscal burden on the young than the old. Moreover, given the need for fiscal consolidation, the inequality is even worse than existing policy would suggest. However, this does not mean that fiscal...
Persistent link: https://www.econbiz.de/10009621690