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Is that Really a Kuznets Curve? Turning Points for Income Inequality in China

Ravallion, Martin; Chen, Shaohua - National Bureau of Economic Research - 2021

The path of income inequality in post-reform China has been widely interpreted as "China's Kuznets curve." We show that the Kuznets growth model of structural transformation in a dual economy, alongside population urbanization, has little explanatory power for our new series of inequality...

Persistent link: https://www.econbiz.de/10012616646

Agricultural Trade Reform and Rural Prosperity : Lessons from China

Huang, Jikun - 2008

Tariffs on agricultural products fell sharply in China both prior to, and as a consequence of, China's accession to the WTO. The paper examines the nature of agricultural trade reform in China since 1981, and finds that protection was quite strongly negative for most commodities, and...

Persistent link: https://www.econbiz.de/10012464695

Rural Income Volatility and Inequality in China

Whalley, John - 2006

Available data indicates a growing urban-rural income gap (the ratio of mean urban to rural incomes) with a significant increase from around 1.8 in the late 1980's to over 3 today. These estimates do not take into account the higher volatility of rural incomes in China. Current literature based...

Persistent link: https://www.econbiz.de/10012465883

Rural Windfall or a New Resource Curse? Coca, Income, and Civil Conflict in Colombia

Angrist, Joshua D. - 2005

Natural and agricultural resources for which there is a substantial black market, such as coca, opium, and diamonds, appear especially likely to be exploited by the parties to a civil conflict. On the other hand, these resources may also provide one of the few reliable sources of income in the...

Persistent link: https://www.econbiz.de/10012467466

An analysis of postwar US consumption and saving

Boskin, Michael J.; Lau, Lawrence J.

Persistent link: https://www.econbiz.de/10000749312

The importance of precautionary motives in explaining individual and aggregate saving

Hubbard, R. Glenn; Skinner, Jonathan; Zeldes, Stephen P. - 1993

Persistent link: https://www.econbiz.de/10000109281

Savings and the Terms of Trade Under Borrowing Constraints

Agenor, Pierre-Richard - 2000

This paper examines the extent to which permanent terms-of-trade shocks have an asymmetric effect on private savings … in bad states of nature, savings rates will respond asymmetrically to favorable movements in the permanent component of … standard determinants of private savings. The results, based on panel data for non-oil commodity exporters of sub …

Persistent link: https://www.econbiz.de/10012471007

The Effects of Investing Social Security Funds in the Stock Market When Fixed Costs Prevent Some Households from Holding Stocks

Abel, Andrew B. - 2000

With fixed costs of participating in the stock market, consumers with high income will participate in the stock market, but consumers with lower income will not participate. If a fully-funded defined-contribution social security system tries to exploit the equity premium by selling a dollar of...

Persistent link: https://www.econbiz.de/10012471011

Participation and Investment Decisions in a Retirement Plan : The Influence of Colleagues' Choices

Duflo, Esther - 2000

This paper investigates whether peer effects play an important role in retirement savings decisions. We use individual …

Persistent link: https://www.econbiz.de/10012471015

The Power of Suggestion : Inertia in 401(k) Participation and Savings Behavior

Madrian, Brigitte C. - 2000

In this paper, we analyze the 401(k) savings behavior of employees in a large U.S. corporation before and after an … switch to automatic enrollment dramatically changed the savings behavior of employees. We have two key findings. First, 401(k … chosen by the company under automatic enrollment has a strong influence on the savings behavior of 401(k) participants. A …

Persistent link: https://www.econbiz.de/10012471079

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