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for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … in the world distribution of skills, slow-growing urbanization in developing countries and a rebound in income inequality …
Persistent link: https://www.econbiz.de/10012910758
In this paper we argue that the decline in global inequality over the last decades has spurred a 'sunshine' narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. We argue the decline in global inequality will reverse due to...
Persistent link: https://www.econbiz.de/10014083786
We survey the recent literature studying the effects of globalization on inequality in Latin America. Our focus is on … dimensions of inequality, and developing new methodologies to capture the many facets of globalization's relationship to … that focus on distinct aspects of globalization's relationship to inequality …
Persistent link: https://www.econbiz.de/10014343853
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial...
Persistent link: https://www.econbiz.de/10013106287
Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a panel of 12 developed nations observed for between 22 and 85 years. After 1960, however, a one percentage point rise in the top decile's income share is associated with a...
Persistent link: https://www.econbiz.de/10013143686
A growing concern on widening income gap between the rich and the poor, the policy mismatch in tackling the relative poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient growth. Developed countries have experienced the...
Persistent link: https://www.econbiz.de/10013054924
(SEDLAC). Two are based on secondary sources: "All the Ginis" (ATG) and the World Income Inequality Database (WIID); and one … is generated entirely through multiple-imputation methods: the Standardized World Income Inequality Database (SWIID …
Persistent link: https://www.econbiz.de/10013012798
Is the brain drain a curse or a boon for developing countries? This paper reviews what is known to date about the magnitude of the brain drain from developing to developed countries, its determinants and the way it affects the well-being of those left behind. First, I present alternative...
Persistent link: https://www.econbiz.de/10012779028
wide range of societal inequalities that are not directly related to gender. It is also observed in other parts of the …
Persistent link: https://www.econbiz.de/10012867154
Why does inequality vary across societies? We advance the hypothesis that in a market economy, where earning differentials reflect variations in productive traits among individuals, a significant component of the differences in inequality across societies can be attributed to variation in...
Persistent link: https://www.econbiz.de/10014340990