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Is Economic Growth Good for the Poor? Tracking Low Incomes Using General Means
Foster, James E.; Székely, Miguel - 2001
In this paper we propose the use of an alternative methodology to track low incomes based on Atkinson`s (1970) family of equally distributed equivalent income functions, which are called general means here. We provide a new characterization of general means that justifies their use in this...
Persistent link: https://www.econbiz.de/10010327160
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The evolution of the Middle Class in Latin America
Tornarolli, Leopoldo - 2014
Latin American countries have always been characterised by relatively high levels of income inequality, even taking into account their degree of economic development. If such 'excess inequality' is combined with the fact that these are mostly middle-income and low-income countries, it can be...
Persistent link: https://www.econbiz.de/10011335901
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Promiscuous elites and economic development
Brezis, Elise S. - 2012
bureaucratic elite has been joining the business elite after leaving office, and this in growing numbers. This relationship has … purpose of this paper is to explain why this social behavior takes place, and why the political elite does not try to prevent … it. Moreover, this paper shows that the bureaucratic elite obtains excessive bureaucratic power, and that promiscuous …
Persistent link: https://www.econbiz.de/10010335988
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Lifetime versus annual tax progressivity: Sweden, 1968-2009
Bengtsson, Niklas; Holmlund, Bertil; Waldenström, Daniel - 2012
This paper analyzes the evolution of tax progressivity in Sweden from both annual and lifetime perspectives. Using a rich micro panel with administrative records of incomes, taxes and benefits over the period 1968 - 2009, we calculate tax rates across the income distribution accounting for...
Persistent link: https://www.econbiz.de/10010321455
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Distributional consequences of capital accumulation, globalisation and financialisation in the US
Karanassou, Marika; Sala, Hector - 2012
In this paper we examine the dynamic contributions of capital accumulation, globalisation, and financialisation to the functional-personal income distribution nexus. We analyse the labour share under the prism of monopoly and frictional growth, and disclose the dramatic upward trend in...
Persistent link: https://www.econbiz.de/10010368155
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Inter-ethnic redistribution and human investments
Azarnert, Leonid V. - 2009
This article analyzes income redistribution in the inter-ethnic context. The model shows that redistribution in favor of less prosperous ethnic minorities raises fertility among the unskilled minority recipients, lowers fertility among the contributing local skilled, slows human capital...
Persistent link: https://www.econbiz.de/10010336073
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Post-1500 population flows and the long run determinants of economic growth and inequality
Putterman, Louis; Weil, David N. - 2008
We construct a matrix showing the share of the year 2000 population in every country that is descended from people in different source countries in the year 1500. Using this matrix, we analyze how post-1500 migration has influenced the level of GDP per capita and within-country income inequality...
Persistent link: https://www.econbiz.de/10010284078
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Income Inequality and Economic Growth: Evidence from the American Data
Panizza, Ugo - 1999
Cross-country studies have found a negative relationship between income inequality and economic growth. The main problem with the cross-country analyses is the poor quality of the data on income distribution. This paper tests the robustness of the cross-country results to the use of a more...
Persistent link: https://www.econbiz.de/10010326947
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Human Capital Investment, Inequality and Growth
Murphy, Kevin M.; Topel, Robert H. - 2014
Persistent link: https://www.econbiz.de/10013342525
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Words, deeds, and outcomes: A survey on the growth effects of exchange rate regimes
Harms, Philipp; Kretschmann, Marco - 2007
common specification, and common estimation methods, we argue that the contradictory findings can be explained by the fact …
Persistent link: https://www.econbiz.de/10011430062