Showing 1 - 10 of 265
Many of the world's LDCs are plagued by recurring conflict. Conflict impedes sustainable development through various channels, creating conditions conducive to further conflict. Conflict has redistributive impacts, particularly when it erupts in resource-rich countries. Between 2002 and 2011,...
Persistent link: https://www.econbiz.de/10014455370
Incomes in the poorest two quintiles on average increase at the same rate as overall average incomes. This is because, in a global dataset spanning 118 countries over the past four decades, changes in the share of income of the poorest quintiles are generally small and uncorrelated with changes...
Persistent link: https://www.econbiz.de/10009788629
A key aspect defining the contemporary income distribution is the (increasing) share the top holds compared to the rest. This paper shows that income concentration increases towards the very top of the distribution, while the shares the middle- and upper-middle-income groups hold remain stable...
Persistent link: https://www.econbiz.de/10011628596
This study examines empirically the impact of income polarization on economic growth in an unbalanced panel of more than 70 countries during the 1960-2005 period. We calculate various polarization indices using existing micro-level datasets, as well as datasets reconstructed from grouped data on...
Persistent link: https://www.econbiz.de/10009727232
We examine whether economic downturns reshape the distribution of population income giving rise to a "middle-class squeeze." We test this hypothesis using alternative definitions of middle-class, such as income-based measures from the Luxembourg Income Study (LIS), and perceived measures from...
Persistent link: https://www.econbiz.de/10011961160
We develop a quantitative heterogeneous-agents general equilibrium model that reproduces the income inequalities of 32 countries in the Organization for Economic Co-operation and Development. Using this model, we compute the optimal income tax rate for each country under the equal-weight...
Persistent link: https://www.econbiz.de/10011484234
This paper explores common trends in inequality and redistribution across OECD countries from the late 1980s to 2013. Low‐end inequality rises during economic downturns while rising top‐end inequality is associated with economic growth. Most countries retreated from redistribution from the...
Persistent link: https://www.econbiz.de/10011585191
We study the effect of power sharing over income redistribution among different socio-economic groups in a model of redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general conditions; and we show that equilibrium transfers...
Persistent link: https://www.econbiz.de/10011563113
This paper provides recent evidence on the contribution of the spatial dimension to inequality and more specifically accounts for the impact of the changes in the territorial distribution of the population on the recent dynamics of income inequality. We use LIS harmonized microdata for a...
Persistent link: https://www.econbiz.de/10012178844
Incomes in surveys suffer from various measurement problems, most notably in the tails of their distributions. We study the prevalence of negative and zero incomes, and their implications for inequality and poverty measurement relying on 57 harmonized surveys covering 12 countries over the...
Persistent link: https://www.econbiz.de/10012228751