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findings show rising income levels and decreasing inequality, with the latter being mostly caused by pro-poor growth rather … into a market-oriented economy. This paper offers a comprehensive study of inequality and mobility patterns for Russia … than redistribution. The poorest tercile experienced a growth rate that was more than 10 times that of the richest tercile …
Persistent link: https://www.econbiz.de/10012002184
How large are the estimated gains from trade from a reduction in trade costs in the heterogeneous firms Melitz (M) model compared with the Armington (A) and Krugman (K) models? Surprisingly little is known beyond the one-sector model. This paper analyzes this question using a global trade model...
Persistent link: https://www.econbiz.de/10011929248
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This paper characterizes the trade-off between the income gains and the inequality costs of trade using survey data for … gains and the inequality costs of trade liberalization are quantified and the trade-offs between them are assessed using an … inequality costs (gains), which arise because trade tends to exacerbate income inequality: 45 countries face a trade-off, while …
Persistent link: https://www.econbiz.de/10012022290
effects of taxation are seen in the context of the trade-offs between growth, labor formality and equity. The analysis … inequality. To reduce the incidence of low-quality jobs, tax policy interventions should go hand in hand with more effective …
Persistent link: https://www.econbiz.de/10012113993
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What is the efficiency cost of rent-seeking activities in Argentina? This paper quantitatively shows that rent-seeking activities in the form of bribes have aggregate effects through two channels. First, they generate misallocation of resources across firms because they prevent resources from...
Persistent link: https://www.econbiz.de/10012257045
This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks … down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction … brings to light three regional growth dynamics: the first is centered on commodities and South America, the second on …
Persistent link: https://www.econbiz.de/10012051845