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We analyze the link between financial development and income inequality for a broad unbalanced dataset of 138 developed and developing countries over the years 1960 to 2008. Using credit-to-GDP as measure of financial development, our results reject theoretical models predicting a negative...
Persistent link: https://www.econbiz.de/10010280825
This paper focuses on the importance data issues to the analysis of growth, poverty and economic inequality. We … introduce a number of major databases frequently used in applied research on growth, poverty and global and international …
Persistent link: https://www.econbiz.de/10010262015
the causal relationships between income inequality, poverty and globalisation. Inequality is negatively correlated to … globalisation, and globalisation reduces poverty. …
Persistent link: https://www.econbiz.de/10010262026
benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of …
Persistent link: https://www.econbiz.de/10010262079
In the Italian public debate growing attention has been recently paid to ?household impoverishment?. Subjective indicators of economic condition show that this concern reflects a common sentiment of the Italian population. On the other hand, estimates based on the Bank of Italy?s Survey of...
Persistent link: https://www.econbiz.de/10010262639
hand, poverty increased in absolute terms. In contrast in the following years of rapid economic growth, the growth in the … income of the pensioners fell behind that of workers and relative poverty increased. The analysis shows that the limited … resources of many of the elderly put them close to a socially interesting poverty line. Income inequality among the elderly has …
Persistent link: https://www.econbiz.de/10010268905
experienced an unprecedented rise in net equivalized income inequality and poverty. At the same time, unemployment rose to record …
Persistent link: https://www.econbiz.de/10010272658
In this paper I examine the trend in income inequality and poverty among the selfemployed workers in Mexico over the … and investment liberalization. For the first decade following the liberalization, inequality and poverty among the self …-employed increased; as the economy stabilized and the country saw economic growth inequality started to go down, but poverty kept …
Persistent link: https://www.econbiz.de/10010284718
This paper examines the long-run determinants of the evolution of top in-come shares. Using a newly assembled panel of 16 developed countries over the entire twentieth century, we find that financial development dis-proportionately boosts top incomes. This effect appears to be particularly...
Persistent link: https://www.econbiz.de/10010281266
Financial development can exert a significant influence on the distribution of income. In this paper, using Chinese provincial data over the period of 1991-2000 and applying the generalized method of moment (GMM) techniques, we investigate the relationship between finance and inequality in rural...
Persistent link: https://www.econbiz.de/10010284548