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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
the World Income Inequality Database. I analyse the extent to which the main global inequality trends depend on specific …
Persistent link: https://www.econbiz.de/10012509562
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 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
interpersonal inequality during 1975-2005 are measured using data from UNU-WIDER’s World Income Inequality Database. In order to …
Persistent link: https://www.econbiz.de/10010228740
the world, from 1963 to 2008. The new UTIP-UNIDO (University of Texas Inequality Project-United Nations Industrial …
Persistent link: https://www.econbiz.de/10010472497
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