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development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …
Persistent link: https://www.econbiz.de/10010522996
development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …
Persistent link: https://www.econbiz.de/10012467709
, 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/10012467461
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/10012469810
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/10012473450
in the elasticity of distortions with respect to firm productivity generate the bulk of empirical patterns and over two …
Persistent link: https://www.econbiz.de/10014635713
Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...
Persistent link: https://www.econbiz.de/10012480613
poverty with respect to changes in the mean of the distribution of income, thus analytically linking the poverty measures to … key macroeconomic aggregates. Numerous insights are found in Kakwani's elasticities. However, the literature on poverty … and growth since then has revealed that the impacts of economic growth on poverty, as observed in practice, can be …
Persistent link: https://www.econbiz.de/10013362055
Compared to a half-century ago, inequality in the United states has risen and measured productivity growth has fallen. Concerns about rising inequality have been exacerbated by the observation that prices of goods consumed by the poor have risen faster than prices of goods consumed by the rich....
Persistent link: https://www.econbiz.de/10014248014
We review the empirical evidence on the relationship between Trade Liberalization, Inequality, and Poverty based on the …
Persistent link: https://www.econbiz.de/10012468100