Showing 1 - 10 of 465
The majority of economic decisions taken by individuals are forward looking and thus involve their expectations of future outcomes. Understanding the expectations that individuals have is thus of crucial importance to designing and evaluating policies in health, education, finance, migration,...
Persistent link: https://www.econbiz.de/10005079997
countries to find the mix of economic and social aid that jointly promotes the participation of the poor in the development … process under globalization. In this manner, aid can make greater strides in spurring development. …
Persistent link: https://www.econbiz.de/10010884962
This paper examines support for reducing inequality and for income redistribution to specific groups in Europe and … of support for reducing inequality. …
Persistent link: https://www.econbiz.de/10010960249
This paper presents a new methodology to measure inequality that optimally combines household survey information and …
Persistent link: https://www.econbiz.de/10011252713
Price and income elasticities estimated from a country's export demand function are used both to predict and to prescribe effective export strategies. But the focus on elasticities has led to the neglect of an important empirical regularity: a strong persistencein the growth rate of a country's...
Persistent link: https://www.econbiz.de/10005079483
The author provides theoretical and empirical evidence of a negative association between income inequality and real … exchange rates. First, he builds a theoretical model showing the transmission mechanism from inequality to real exchange rates … negative relationship between inequality and real exchange rates does not imply that policies aimed at dramatic redistribution …
Persistent link: https://www.econbiz.de/10005079501
quality on growth and inequality. These two results combined suggest that infrastructure development can be highly effective …The authors provide an empirical evaluation of the impact of infrastructure development on economic growth and income … involves the estimation of simple equations for GDP growth and conventional inequality measures, augmented to include, among …
Persistent link: https://www.econbiz.de/10005079502
The median voter hypothesis is important to endogenous growth theories because it provides the political mechanisms through which voters in more unequal countries re-distribute a greater proportion of income and thus (it is argued), by blunting incentives, reduce the country's growth rate. But...
Persistent link: https://www.econbiz.de/10005079521
The authors compare three approaches to linking representative-household macro models with micro household income data in terms of their implications for measuring the poverty and distributional effects of policy shocks. These approaches are a simple micro-accounting method, an extension of that...
Persistent link: https://www.econbiz.de/10005079525
Wagner's law, the hypothesis that with economic development an increasing share of GDP is devoted to public spending, and … Wagner's law in the majority of developing countries, the degree of support varies with the level of development. Similarly …
Persistent link: https://www.econbiz.de/10005079538