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There is a widespread belief that the COVID-19 pandemic has increased global income inequality, reducing per capita … inequality decreased. When countries are weighted by population, international income inequality increased, more in line with the … result of the pandemic is supported by comparing global inequality using IMF forecasts in October 2019 and October 2020 …
Persistent link: https://www.econbiz.de/10013247006
impact of the current pandemic on income and poverty to inform the targeting of resources to those most affected and assess … the success of current efforts. We construct new measures of the income distribution and poverty with a lag of only a few …, government policy effectively countered its effects on incomes, leading poverty to fall and low percentiles of income to rise …
Persistent link: https://www.econbiz.de/10012824912
This essay surveys the evidence on the linkages between globalization and poverty. I focus on two measures of … globalization: trade and international capital flows. Past researchers have argued that global economic integration should help the … evidence suggests that the poor are more likely to share in the gains from globalization when there are complementary policies …
Persistent link: https://www.econbiz.de/10012761253
measures since 1970, with an acceleration post-1991, despite rising inequality. Faster poverty decline came with both higher …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 …
Persistent link: https://www.econbiz.de/10012998952
We discuss recent empirical research on how globalization has affected income inequality in developing countries. We … begin with a discussion of conceptual issues regarding the measurement of globalization and inequality. Next, we present … empirical evidence on the evolution of globalization and inequality in several developing countries during the 1980s and 1990s …
Persistent link: https://www.econbiz.de/10012752006
We study trends in income inequality across U.S. states and counties 1960-2019 using a mix of administrative and survey … the late 1970s. In contrast, bottom income quantiles and poverty rates have converged across areas in recent decades …
Persistent link: https://www.econbiz.de/10014089530
countries on poverty and average incomes in poor countries. We find no support in the cross-country analysis for the claim that … OECD polices worsen poverty in developing countries. To better understand what might drive these results, we turn to … corn prices. Taken together, the evidence suggests that a reduction in rich-country agricultural support that raises world …
Persistent link: https://www.econbiz.de/10013229135
growing literature on wealth inequality across the world. Evidence points towards a rise in global wealth concentration: for …This article reviews the recent literature on the dynamics of global wealth inequality. I first reconcile available … estimates of wealth inequality in the United States. Both surveys and tax data show that wealth inequality has increased …
Persistent link: https://www.econbiz.de/10012894436
Childhood vaccinations are an important input to disease prevention, but vaccination rates have declined over the last decade due largely to parental fears about vaccine dangers. Education campaigns on the safety of vaccines seem to have little impact. Anecdotal evidence on disease outbreaks...
Persistent link: https://www.econbiz.de/10012985902
Using data on over 6,000 firms across 56 economies during the first quarter of 2020, we evaluate the connection between corporate characteristics and stock price reactions to COVID-19 cases. We find that the pandemic-induced drop in stock prices was milder among firms with (a) stronger pre-2020...
Persistent link: https://www.econbiz.de/10013224962