Salehi-Isfahani, Djavad; Majbouri, Mehdi - In: The Quarterly Review of Economics and Finance 53 (2013) 3, pp. 257-267
likely effects on poverty, inequality, and economic mobility. While poverty has declined, inequality has remained relatively … high and stable over nearly four decades. In this paper, for the first time, we examine poverty and inequality in a dynamic …, which helps mitigate persistent high inequality. We offer a range of estimates of transition probabilities, indicating that …