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high levels of democracy are characterized by lower relative inequality. They also have the lowest ratio of the income … information from five Varieties of Democracy indices. K-means country clusters are similar but not entirely identical to both k …-medians clusters and arbitrary groups formed using only one measure, namely the liberal democracy index. Simple correlations with …
Persistent link: https://www.econbiz.de/10014290692
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 effects of inequality requires clear evidence. This review contributes to the …
Persistent link: https://www.econbiz.de/10012432946
understanding of growth and inequality in the region. The region has experienced β- and σ-convergence; however, growth rates of per … health can enhance growth rate, whereas the overall revenue expenditure retards growth. Therefore, provinces' capital budgets …
Persistent link: https://www.econbiz.de/10012404488
Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …
Persistent link: https://www.econbiz.de/10012404500
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 …-2011), we identify the causal effect of intergenerational mobility on household expenditure’s future growth. We find that …
Persistent link: https://www.econbiz.de/10011962601
. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in …
Persistent link: https://www.econbiz.de/10010511245
national, state, and district-level figures for overall, within and between consumption inequality. We find an increase in … inequality in India but only since 2004. We also document an increase in between group (or horizontal) inequality over the entire … period. We then investigate the impact of ethnic fragmentation and public good provision on inequality. We hypothesize that …
Persistent link: https://www.econbiz.de/10011540190
Reducing poverty and inequality and promoting inclusive growth are fundamental to achieving the United Nations … evaluation of the main stylized facts concerning poverty, inequality, and growth. It will uncover existing trends, put …
Persistent link: https://www.econbiz.de/10013191436
This paper examines the nature and evolution of horizontal and vertical human-capital inequality in South Africa since … inequality has been falling in South Africa although with significant variation across the country. Finally we examine the … relationship between changing inequality over time and electoral outcomes. We find that vertical inequality amongst youth is very …
Persistent link: https://www.econbiz.de/10011539423
This paper explores the relationship between a large government cash transfer programme, changes in inequality, and …
Persistent link: https://www.econbiz.de/10011568213