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and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect …A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in …
Persistent link: https://www.econbiz.de/10013061938
Longstanding development issues are revisited in the light of our newly-constructed dataset of poverty measures for … India spanning 60 years, including 20 years since reforms began in earnest in 1991. We find a downward trend in poverty … measures since 1970, with an acceleration post-1991, despite rising inequality. Faster poverty decline came with both higher …
Persistent link: https://www.econbiz.de/10012998952
poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient … into a middle income country (ADB, 2014). This has stimulated the need to understand causes of inequality and poverty for … poverty because they will substantially undermine the economic growth if left unchecked (ADB, 2014). The objective of this …
Persistent link: https://www.econbiz.de/10013054924
health and survival. But equal rates of growth often deliver unequal rates of poverty reduction and absolute deprivation is … in poverty on infant survival. We identify a significant within-state relationship which persists conditional upon state … income, indicating the size of survival gains from redistribution in favour of households below the poverty line. The poverty …
Persistent link: https://www.econbiz.de/10013135179
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … leads to wealth inequalities. However, the intra-household processes appear to be efficient in terms of welfare, as … spouses' estimated indirect utility. Our results shed light on the spouses' wealth shares and the sharing rule guiding the …
Persistent link: https://www.econbiz.de/10012912744
Persistent link: https://www.econbiz.de/10013436235
Persistent link: https://www.econbiz.de/10000944900
This paper analyzes child poverty in Bangladesh and China during periods of rapid economic growth in both countries. It … compares the extent as well as profile of child poverty in both countries. Comparisons on the extent of child poverty, over … time and across countries, are made using a decomposition framework attributing child poverty differences to differences in …
Persistent link: https://www.econbiz.de/10013067479
This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...
Persistent link: https://www.econbiz.de/10013318254
Standard measures of poverty may reveal nothing about whether the poorest of the poor are being lifted-up or left …
Persistent link: https://www.econbiz.de/10012917602