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This paper identifies factors associated with takeoff - a sustained period of high growth following a period of stagnation. We examine a panel of 241 stagnation episodes" from 146 countries, 54 % of these episodes are followed by takeoffs. Countries that experience takeoffs average 2.3% annual...
Persistent link: https://www.econbiz.de/10010285304
This paper identifies factors associated with takeoff - a sustained period of high growth following a period of stagnation. We examine a panel of 241 stagnation episodesʺ from 146 countries, 54 % of these episodes are followed by takeoffs. Countries that experience takeoffs average 2.3% annual...
Persistent link: https://www.econbiz.de/10003855051
Persistent link: https://www.econbiz.de/10001338660
Structural change has a far-reaching impact on inequality. It exposes the population to challenges and opportunities …. Foreign trade and technological progress have been widely put forth as a structural driver of inequality. Broader structural … change, such as demographic transition, can also impinge upon inequality. Structural change in developing Asia has been …
Persistent link: https://www.econbiz.de/10009667223
This paper investigates the association between greater income inequality, de-facto fiscal space, and sovereign spreads …. Using data from 50 countries in 2007, in 2009 and in 2011, we find that higher income inequality is associated with a lower … large: an increase in the Gini coefficient of inequality by 1 (in a scale of 0-100), is associated in 2011 with a lower tax …
Persistent link: https://www.econbiz.de/10009552172
Persistent link: https://www.econbiz.de/10009703923
Persistent link: https://www.econbiz.de/10009562202
This paper investigates the association between greater income inequality, de-facto fiscal space, and sovereign spreads …. Using data from 50 countries in 2007, 2009 and 2011, we find that higher income inequality is associated with a lower tax … margin, a one point of the Gini coefficient of inequality (in a scale of 0-100), is associated in 2011 with a lower tax base …
Persistent link: https://www.econbiz.de/10013104730
This note investigates the impact of greater income inequality on the tax base, on the defacto fiscal space, and the … sovereign spreads. Using data from 50 countries in 2005 and in 2010, we find that higher income inequality is associated with a … large: a one standard deviation increase of inequality is associated with a lower tax base of 28 % GDP, and with a higher …
Persistent link: https://www.econbiz.de/10009316243
This paper investigates the association between greater income inequality, de-facto fiscal space, and sovereign spreads …. Using data from 50 countries in 2007, 2009 and 2011, we find that higher income inequality is associated with a lower tax … margin, a one point of the Gini coefficient of inequality (in a scale of 0-100), is associated in 2011 with a lower tax base …
Persistent link: https://www.econbiz.de/10012460484