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Countering recent rises in many countries of inequality in income and wealth is widely recognized as a major development challenge. This is so from an ethical perspective and because greater inequality is perceived to be detrimental to key development aims. Still, an informed debate on the...
Persistent link: https://www.econbiz.de/10012432946
Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are influenced less by the individual’s parents and...
Persistent link: https://www.econbiz.de/10011962601
In this paper we reassess the relationship between inequality and human development, focusing on the differential effect associated with the concentration of national income at different parts of the income distribution. To do so, we rely on a large global panel of countries over the last...
Persistent link: https://www.econbiz.de/10013380766
We study a model of human capital driven growth, where the parent's human capital serves as a productive input in the child's human capital production only when that of the former exceeds a minimum level required to intellectually contribute to the child's learning. Private and public...
Persistent link: https://www.econbiz.de/10010479959
Macroeconomic instability has been increasingly considered as a factor lowering average income growth and, in this way, is a factor slowing down poverty reduction. But it can also result in slower poverty reduction for a given average rate of growth, due to poverty traps, often examined at the...
Persistent link: https://www.econbiz.de/10008662270
This paper undertakes an assessment of the evolution of inequality in the distribution of consumption expenditure in India over the last quarter-century, from 1983 to 2009-10, employing data available in the quinquennial 'thick' surveys of the National Sample Survey Office. We find that...
Persistent link: https://www.econbiz.de/10010484907
An influential paper by Berg et al., 'Redistribution, inequality, and growth: new evidence', uses the SWIID data to examine the impact of inequality and redistribution on growth in both developing and developed countries. It finds that while inequality is harmful for growth, redistribution does...
Persistent link: https://www.econbiz.de/10012299793
Seven decades ago, Simon Kuznets put forward the hypothesis that as economies developed, national inequality would first increase and then decrease-an inverted U-shape. He provided preliminary evidence for the hypothesis on the basis of the limited data available at the time, and theorized the...
Persistent link: https://www.econbiz.de/10015419986
This paper examines Chile Solidario, a social protection programme that provides poor households in Chile with preferential access to a conditional cash transfer programme designed to facilitate investments in children's health and education. We assess the programme's longer-term impact on...
Persistent link: https://www.econbiz.de/10011775918
We examine inequality convergence over the past three decades and ask if environmentally related impacts on health, and their effect on human capital, are responsible for the slow rate of inequality reduction in countries. Though higher initial incidence of environmentally related impacts on...
Persistent link: https://www.econbiz.de/10013380662