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What is the relationship between inequality and growth? This question has occupied and fascinated social scientists for more than a century. This article critically reviews the recent empirical and theoretical literature on the complex interplay between inequality and economic growth. Inequality...
Persistent link: https://www.econbiz.de/10012816433
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 not hamper growth. This comment demonstrates that the redistribution and …
Persistent link: https://www.econbiz.de/10012299793
This paper re-examines the determinants and consequences of redistribution in light of improved data and methods … the best available estimates of both pre- and post-redistribution inequality for the largest set of countries and periods … redistribution and the impacts of redistribution on growth can be misleading. …
Persistent link: https://www.econbiz.de/10011568157
The debate on whether democracy and inequality increase the level of redistribution is ongoing. We construct a model … that predicts higher probability of redistribution in democracies than autocracies through social transfers. Higher … inequality leads to more redistribution in democracies but not necessarily in autocracies. Using the new data on Non …
Persistent link: https://www.econbiz.de/10011596960
Davies et al. (2008, 2011) provided the first estimates of the global distribution of wealth, using 2000 as the benchmark year. These estimates have been revised and updated since 2010, and the purpose of this paper is to explain the ways in which the estimation methodology has evolved and...
Persistent link: https://www.econbiz.de/10011431792
income and wealth microdata samples designed to be representative of all countries in the world. Measured by the Gini … reduced world inequality. Income inequality has changed little within countries, so the downward trend remains intact. However …
Persistent link: https://www.econbiz.de/10011947029
The foreign aid landscape has undergone a paradigm shift in the last few decades, with changes in the behaviour of 'traditional' donors and a new focus on selectivity in aid disbursement, as well as 'new' donors and South-South co-operation playing an increasingly important role. Amidst these...
Persistent link: https://www.econbiz.de/10010194863
The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially … classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary … first is that the thresholds used to classify countries by the World Bank and extensively used by aid agencies, albeit with …
Persistent link: https://www.econbiz.de/10009752790
poverty line. The patterns of growth, precarity, and structural change underlying the emergence of the world's two middles are …
Persistent link: https://www.econbiz.de/10011453151
unprecedented portrait of consumption and income of persons over time, within and across countries, around the world. The benchmark … consumption distribution, poverty, and inequality for the world and specific country aggregates. …
Persistent link: https://www.econbiz.de/10010462536