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Bahl, Roy; Martinez-Vazquez, Jorge - 2012

While there is extensive knowledge about how to design fiscal decentralization policies, considerably less is … understood about how a decentralization program should be sequenced and implemented. Countries embarking on decentralization … often struggle with decisions about the essential components of decentralization, including the order of an introduction of …

Persistent link: https://www.econbiz.de/10012553737

A Dynamic Model of Fiscal Decentralization and Public Debt Accumulation

Guo, Si; Pei, Yun; Xie, Leiyu - 2022

quantitatively how fiscal decentralization affects local and central government debt accumulation and spending. In the model, the … local and central debts are inefficiently high. Consistent with empirical evidence, when fiscal decentralization widens …

Persistent link: https://www.econbiz.de/10013255222

What is the Impact of International Remittances on Poverty and Inequality in Latin America?

Acosta, Pablo; Calder??n, Cesar; Fajnzylber, Pablo - 2012

Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have...

Persistent link: https://www.econbiz.de/10012552698

The Effects of Infrastructure Development on Growth and Income Distribution

Calder??n, C??sar; Serv??n, Luis - 2013

The authors provide an empirical evaluation of the impact of infrastructure development on economic growth and income distribution using a large panel data set encompassing over 100 countries and spanning the years 1960-2000. The empirical strategy involves the estimation of simple equations for...

Persistent link: https://www.econbiz.de/10012559826

Education Decentralization and Accountability Relationships in Latin America

di Gropello, Emmanuela - 2013

The author analyzes decentralization reforms in the education sector in Latin America (their status, impact, and …

Persistent link: https://www.econbiz.de/10012559897

Finance and inequality : Theory and evidence

Demirg????-Kunt, Asli; Levine, Ross - 2012

This paper critically reviews the literature on finance and inequality, highlighting substantive gaps in the literature. Finance plays a crucial role in most theories of persistent inequality. Unsurprisingly, therefore, economic theory provides a rich set of predictions concerning both the...

Persistent link: https://www.econbiz.de/10012551893

Fiscal Redistribution and Income Inequality in Latin America

Go??i, Edwin; L??pez, J. Humberto; Serv??n, Luis - 2012

Income inequality in Latin America ranks among the highest in the world. It can be traced back to the unequal distribution of assets (especially land and education) in the region. But the extent to which asset inequality translates into income inequality depends on the redistributive capacity of...

Persistent link: https://www.econbiz.de/10012552274

Where in the World are you? Assessing the Importance of Circumstance and Effort in a World of Different Mean Country Incomes and (Almost) No Migration

Milanovic, Branko - 2012

Suppose that all people in the world are allocated only two characteristics: country where they live and income class within that country. Assume further that there is no migration. This paper shows that 90 percent of variability in people's global income position (percentile in world income...

Persistent link: https://www.econbiz.de/10012552280

Inequality in Latin America : Determinants and Consequences

Lopez, J. Humberto; Perry, Guillermo - 2012

Latin America is together with Sub-Saharan Africa the most unequal region of the world. This paper documents recent inequality trends in the Latin American region, going beyond traditional measures of income inequality. The paper also reviews some of the explanations that have been put forward...

Persistent link: https://www.econbiz.de/10012552288

Earnings Inequality Within and Across Gender, Racial, and Ethnic Groups in Four Latin American Countries

Cunningham, Wendy; Jacobsen, Joyce P. - 2012

Latin American countries are generally characterized as displaying high income and earnings inequality overall along with high inequality by gender, race, and ethnicity. However, the latter phenomenon is not a major contributor to the former phenomenon. Using household survey data from four...

Persistent link: https://www.econbiz.de/10012552376