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It has been shown in prior research that increased economic growth reduces poverty. Authors have also found that the … effect of growth in Gross Domestic Product (GDP) on poverty growth has either diminished or remained unchanged over time, and … economic expansion in the 1980s in the United States had no affect on poverty. Using a formal error-correction model, we find …
Persistent link: https://www.econbiz.de/10010820080
This study focuses on testing the relationship between income inequality and economic growth within counties in the United States, and the channels through which the effects of a relationship are observed. Based on a system of equations estimation, the empirical results confirm the hypotheses...
Persistent link: https://www.econbiz.de/10010711981
This article is an overview of income inequality trends during the 1980s and 1990s and a discussion of their challenges to redistribution policies in Japan. The key results are summarized as follows. First, a widening disparity in market income for the working-age population has been driving...
Persistent link: https://www.econbiz.de/10010722839
Using the European Community Household Panel (1994-2001), random effects models are estimated to assess the effect of income inequality on individuals' health. The individual's health status is measured by self assessment responses and by relatively objective measures of health. Country-level...
Persistent link: https://www.econbiz.de/10010711976
Using data from the German Socio-Economic Panel Study (SOEP), it is shown that income comparisons with persons who are better off has a clear impact on the job satisfaction of West German full-time employees. Two contrary effects can be identified. On the one hand, there is an aversion to...
Persistent link: https://www.econbiz.de/10010717569