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cognitive skills of the population-rather than mere school attainment-are powerfully related to individual earnings, to the …
Persistent link: https://www.econbiz.de/10012552573
Are natural resources a blessing or a curse? The authors present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth effect stemming from a...
Persistent link: https://www.econbiz.de/10012553956
This paper assesses the effects of knowledge on economic growth. By using an array of indicators, each of which represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period 1960 to 2000, they show that knowledge is a significant...
Persistent link: https://www.econbiz.de/10012559802
The challenge of sustaining economic growth over the long term is one that only a few countries have been able to surmount. Slowing momentum in countries like Malaysia and Thailand has led analysts and policy makers to consider what it would take to lift them out of middle-income status, where...
Persistent link: https://www.econbiz.de/10012560394
This paper presents a new methodology to measure inequality that optimally combines household survey information and tax records to construct a complete income distribution. Combining the two data sources is necessary because, on the one hand, household surveys do not accurately represent the...
Persistent link: https://www.econbiz.de/10012564535
Latin American countries are generally characterized as displaying high income and earnings inequality overall along … well as Gini indices, and 90/10 and 50/10 percentile comparisons) that within-group earnings inequality rather than between …-group earnings inequality is the main contributor to overall earnings inequality. Simulations in which the relatively disadvantaged …
Persistent link: https://www.econbiz.de/10012552376
Drawing on a compilation of data from household surveys representing 130 countries, many over a period of 25 years, this paper reviews the evidence on levels and recent trends in global poverty and income inequality. It documents the negative correlations between both poverty and inequality...
Persistent link: https://www.econbiz.de/10012552409
This paper examines the country-level dynamics of long-run growth in Africa between 1975 and 2005. The authors examine how growth has affected mobility and the distribution of income among countries. They analyze changes in cross-country income structure and convergence, and look for evidence of...
Persistent link: https://www.econbiz.de/10012552506
and poverty-reducing effects, even after imputations for the potential home earnings of migrants. …
Persistent link: https://www.econbiz.de/10012552698
China has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a remarkable increase in per capita income and a decline in the poverty rate from 64 percent at the beginning of reform to 10 percent in 2004. At the same time, however, different kinds of...
Persistent link: https://www.econbiz.de/10012552703