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Reform and Inequality during the Transition: An Analysis Using Panel Household Survey Data, 1990-2005
Milanovic, Branko; Ersado, Lire - Economics Research, World Bank Group - 2008
paper examines correlates of unprecedented increases in inequality registered by most of the economies. The analysis shows … (mostly consisting of privatization and higher fees) are responsible for the pro-inequality effect; small-scale privatization … spending as share of gross domestic income reduces inequality. …
Persistent link: https://www.econbiz.de/10005141840
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A Curse of Comparison? Evidence on Reference Groups for Relative Income Concerns
Kuegler, Alice - Economics Research, World Bank Group - 2009
This paper proposes that individuals care about the relative income of proximate reference groups. Making use of self-reported life satisfaction as a proxy for unobservable utility, the relative income of siblings is tested for relevance as a reference point for new sample data from Venezuela....
Persistent link: https://www.econbiz.de/10005133487
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The Developing World's Bulging (but Vulnerable) "Middle Class"
Ravallion, Martin - Economics Research, World Bank Group - 2009
The "developing world's middle class" is defined here as those who are not poor when judged by the median poverty line of developing countries, but are still poor by US standards. The "Western middle class" is defined as those who are not poor by US standards. Although barely 80 million people...
Persistent link: https://www.econbiz.de/10005141919
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Aid is good for the poor
Hirano, Yumeka; Otsubo, Shigeru - Economics Research, World Bank Group - 2014
Aid is good for the poor. This paper uses detailed aid data spanning 60 developing countries over the past two decades to show that social aid significantly and directly benefits the poorest in society, while economic aid increases the income of the poor through growth. This new and unequivocal...
Persistent link: https://www.econbiz.de/10010884962
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Should income inequality be reduced and who should benefit ? redistributive preferences in Europe and Central Asia
Cojocaru, Alexandru; Diagne, Mame Fatou - Economics Research, World Bank Group - 2014
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
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Measuring inequality from top to bottom
Bazan, Diaz; Valeria, Tania - Economics Research, World Bank Group - 2015
This paper presents a new methodology to measure inequality that optimally combines household survey information and …
Persistent link: https://www.econbiz.de/10011252713
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Is there persistence in the growth of manufactured exports? Evidence from newly industrializing countries
Mody, Ashoka; Yilmaz, Kamil; DEC - Economics Research, World Bank Group - 1994
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
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Inequality, the price of nontradables, and the real exchange rate : theory and cross-country evidence
Min, Hong-Ghi - Economics Research, World Bank Group - 2002
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
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The effects of infrastructure development on growth and income distribution
Calderon, Cesar; Serven, Luis - Economics Research, World Bank Group - 2004
involves the estimation of simple equations for GDP growth and conventional inequality measures, augmented to include, among … infrastructure assets, and (2) income inequality declines with higher infrastructure quantity and quality. A variety of specification … quality on growth and inequality. These two results combined suggest that infrastructure development can be highly effective …
Persistent link: https://www.econbiz.de/10005079502
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Do more unequal countries redistribute more? does the median voter hypothesis hold?
Milanovic, Branko - Economics Research, World Bank Group - 1999
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