Showing 1 - 10 of 435
that while income inequality is similar to that of the United States (US), wealth inequality is barely one-third that of … wealth by exploring sources of inequality such as age, education, migration, borrowing ability, and societal systems …This paper provides new empirical insights on the joint distribution of consumption, income, and wealth in three of the …
Persistent link: https://www.econbiz.de/10012971514
In the 2000s, global inequality fell for the first time since the Industrial Revolution, driven by a decline in the … distributions, while the poorer deciles in rich countries lagged behind. Although within-country inequality increased in population …-weighted terms, for the average developing country the rise in inequality slowed down in the second half of the 2000s. However, like …
Persistent link: https://www.econbiz.de/10012968216
This research estimates the impact of international child sponsorship on adult income and wealth of formerly sponsored …
Persistent link: https://www.econbiz.de/10012970055
Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as … inequality for 14 ancient, pre-industrial societies using what are known as social tables, stretching from the Roman Empire 14 AD … 1947. It applies two new concepts in making those assessments - what the authors call the inequality possibility frontier …
Persistent link: https://www.econbiz.de/10012747537
Using a new database of household surveys, this paper examines inequality among all individuals living in developing …. Inequality increased during the initial decade, regardless of the choice of inequality measure. The trend appears to have … reversed in the mid-2000s. Regional inequality is now almost entirely explained by within-country differences, while gaps in …
Persistent link: https://www.econbiz.de/10012962321
rapidly, has remained untested. A parallel literature has suggested a variety of mechanisms through which inequality may … affect growth in opposing directions. Because inequality and poverty are different aspects of the income distribution …, inequality can also affect growth through poverty, an indirect channel that has not been explicitly analyzed. This paper …
Persistent link: https://www.econbiz.de/10012911547
The paper assesses the impact of overall inequality, as well as inequality among the poor and among the rich, on the … covering the period from 1960 to 2010. The paper finds evidence that high levels of inequality reduce the income growth of the … poor and, if anything, help the growth of the rich. When inequality is deconstructed into bottom and top inequality, the …
Persistent link: https://www.econbiz.de/10012937902
downside risks could increase wealth inequality in high- and low-output growth economies by 2030. Substantial uncertainty, as …This paper studies future poverty, inequality, and shared prosperity outcomes using a panel data set with 150 countries … below 3 percent by 2030. Global and country aggregations show a decrease in income inequality by 2030; though, significant …
Persistent link: https://www.econbiz.de/10012871279
This analysis examines the relationship between nonrenewable resource dependence, economic growth and income inequality … nonrenewable resources as a share of national wealth -- i.e. resource dependence -- is the independent variable. Using a dataset …-income countries, greater nonrenewable natural resource dependence is associated with lower income inequality, while there is no …
Persistent link: https://www.econbiz.de/10012967897
This paper revisits four recent cross-country empirical studies on the effects of inequality on growth. All four … these inequality-and-growth regressions are weak, and that weak instrument-consistent confidence sets for the effect of … inequality on growth include a wide range of positive and negative values. This suggests that strong conclusions about the effect …
Persistent link: https://www.econbiz.de/10012970632