Showing 1 - 10 of 1,917
The combination of stagnant growth and high levels of income inequality renewed the debate about whether a more even … estimates its impact on economic growth with a heterogeneous panel structural vector autoregression model, which addresses some … on economic growth is heterogeneous. In particular, while the median response of real per capita GDP growth to shocks in …
Persistent link: https://www.econbiz.de/10011716310
Persistent link: https://www.econbiz.de/10010388849
trade from the United States induces productivity growth in developing regions. This spillover capture-aided by absorptive … inequality to decline. The conjoined parameters retard growth''s inequality-enhancing effect and thus facilitate long …
Persistent link: https://www.econbiz.de/10014400228
Major epidemics of the last two decades (SARS, H1N1, MERS, Ebola and Zika) have been followed by increases in inequality (Furceri, Loungani, Ostry and Pizzuto, 2020). In this paper, we show that the extent of fiscal consolidation in the years following the onset of these pandemics has played an...
Persistent link: https://www.econbiz.de/10012613680
This paper surveys the literature on the relationship between international trade and inclusive growth. It examines …
Persistent link: https://www.econbiz.de/10012518909
This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in … developing economies. We find that reductions in inequality during growth upswings are largely reversed during growth slowdowns … channel through which fluctuations in growth affect future dynamics in inequality. These findings suggest that both the …
Persistent link: https://www.econbiz.de/10012001589
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 paper, I review theoretical and empirical research on the connections …
Persistent link: https://www.econbiz.de/10012612328
factor in determining a country’s level of corruption. In a simple growth model, we illustrate the interrelationships between … natural resources, corruption, and economic growth, and discuss potential anti-corruption policies. We show that the extent of … development. We empirically corroborate the model’s implications in a cross-country framework with both corruption and growth …
Persistent link: https://www.econbiz.de/10014400293
Corruption is attracting a lot of attention around the world. The paper surveys and discusses issues related to the … of economic growth. It also emphasizes that the fight against corruption may not be cheap and cannot be independent from … causes, consequences, and scope of corruption and possible corrective actions. It emphasizes the costs of corruption in terms …
Persistent link: https://www.econbiz.de/10014400769
The paper discusses some channels through which corruption affects growth such as the impact of corruption on … enterprises, on the allocation of talent, and on investment. It also discusses the impact of corruption on some aspects of public …
Persistent link: https://www.econbiz.de/10014403515