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World Distribution of Income and estimate poverty rates, poverty counts and various measures of income inequality and … welfare. Using the official $1/day line, we estimate that world poverty rates have fallen by 80% from 0.268 in 1970 to 0 … of the global poverty count in 2006 are much smaller than found by other researchers. We also find similar reductions in …
Persistent link: https://www.econbiz.de/10013150544
growing literature on wealth inequality across the world. Evidence points towards a rise in global wealth concentration: for … financial globalization makes it increasingly hard to measure wealth at the top. I discuss how new data sources (leaks from …
Persistent link: https://www.econbiz.de/10012894436
Proponents of globalization often conclude that its critics are ignorant or self-motivated. In doing so, they have … missed a valuable opportunity to discover both how best to communicate the benefits of globalization, and how to improve on … the current model of globalization. This paper examines the values, beliefs and facts that lead critics to the view that …
Persistent link: https://www.econbiz.de/10013065371
globalization on commodity price structure, the causes of protection, the impact of world migration on poverty eradication, and the …The world has seen two globalization booms over the past two centuries, and one bust. The first global century ended … with World War I and the second started at the end of World War II, while the years in between were ones of anti …
Persistent link: https://www.econbiz.de/10013308598
, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force …, we find no evidence that SMEs alleviate poverty or decrease income inequality …
Persistent link: https://www.econbiz.de/10013244121
We document regularities in the distribution of relative incomes and patterns of investment in countries and over time. We develop a quantitative version of the neoclassical growth model with a broad measure of capital in which investment decisions are affected by distortions. These distortions...
Persistent link: https://www.econbiz.de/10013324007
compute world poverty rates by integrating the density function below the poverty lines. The $1/day poverty rate has fallen … person in the world. We then estimate the gaussian kernel density function for the worldwide distribution of income. We …
Persistent link: https://www.econbiz.de/10013230367
these episodes to examine the idea that the lower tail of the wealth distribution reflects in part a wealth-based poverty …
Persistent link: https://www.econbiz.de/10013079754
globalization. Equality is a luxury good. Countries with more inequality, higher financial development, and trade deficits are more …
Persistent link: https://www.econbiz.de/10012912539
trade leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing … perspective time-series behavior of the world economy is similar to that of existing endogenous growth models, with the world … country level, the cross-sectional behavior of the world economy is similar to that of existing exogenous growth models: cross …
Persistent link: https://www.econbiz.de/10013249141