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We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of … high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to … be shorter in African and Latin American countries than elsewhere. We find that growth duration is positively related to …
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previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the …The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand … and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic …
Persistent link: https://www.econbiz.de/10014411129
We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of … high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to … be shorter in African and Latin American countries than elsewhere. We find that growth duration is positively related to …
Persistent link: https://www.econbiz.de/10012677563
resulting lower inequality – are on average pro-growth. While we should be cognizant of the inherent limitations of the data set … inequality from net inequality and allows us to calculate redistributive transfers for a large number of country …-year observations. Our main findings are: 1. More unequal societies tend to redistribute more. 2. Lower net inequality is robustly …
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of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution … of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so …This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects …
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