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Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...
Persistent link: https://www.econbiz.de/10012747537
In the 2000s, global inequality fell for the first time since the Industrial Revolution, driven by a decline in the dispersion of average incomes across countries. Between 1988 and 2008, a period of rapidly increasing global integration, income growth was largest for the global top 1 percent and...
Persistent link: https://www.econbiz.de/10012968216
This paper examines support for reducing inequality and for income redistribution to specific groups in Europe and … than in 2006 in transition countries. Support for redistribution toward specific groups is highest for the disabled and the … state group of transition countries. Regarding redistribution to specific groups, self-interest appears to be an important …
Persistent link: https://www.econbiz.de/10012972504
countries comprising 97 percent of the world's population, this paper simulates a set of scenarios for global poverty from 2018 …
Persistent link: https://www.econbiz.de/10012865509
the Caribbean. Two are based on secondary sources: All the Ginis and the World Income Inequality Database; and one is … generated entirely through multiple-imputation methods: the Standardized World Income Inequality Database. Although there is …
Persistent link: https://www.econbiz.de/10012970655
Academics and policy makers have long considered an adequate supply of infrastructure services to be essential for economic development. This paper reviews recent theoretical and empirical literature on the effects of infrastructure development on growth and income distribution. The theoretical...
Persistent link: https://www.econbiz.de/10012972738
Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, most of the...
Persistent link: https://www.econbiz.de/10012973293
Inequality between world citizens in mid-19th century was such that at least a half of it could be explained by income …
Persistent link: https://www.econbiz.de/10012975731
such empirical heterogeneity. Using a very large sample of world citizens, the author tests the consistency of income …
Persistent link: https://www.econbiz.de/10012976148
Latin American countries, to explore the effects of political parties on redistribution. First, consistent with a central … younger and older parties, older left-wing parties are more likely to internalize the long-run costs of redistribution and to … be more credible in their commitment to redistribution, leading them to redistribute less. With entirely different data …
Persistent link: https://www.econbiz.de/10012972412