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The joint determination of aggregate economic growth and distributional change has been studied empirically from at least three different perspectives. A macroeconomic approach that relies on cross-country data on poverty, inequality, and growth rates has generated some interesting stylized...
Persistent link: https://www.econbiz.de/10011394718
economic progress. This study uses two new metadata sets, consisting of 118 household surveys and 134 Demographic and Health … suggestive but not robust: while overall income inequality is generally negatively associated with growth in the household survey …
Persistent link: https://www.econbiz.de/10011396196
Building on earlier work by political philosophers, economists have recently sought to define a concept of equity that accommodates the fairness of reward to individual responsibility and effort, while allowing for the existence of some inequalities which are unfair and should be compensated....
Persistent link: https://www.econbiz.de/10010510602
earnings, household income per capita and household consumption per capita in six Latin American countries. Following John …
Persistent link: https://www.econbiz.de/10010521100
Drawing on a compilation of data from household surveys representing 130 countries, many over a period of 25 years …
Persistent link: https://www.econbiz.de/10010521136
"Measured by the Gini coefficient, income inequality in Brazil rose from 0.57 in 1981 to 0.63 in 1989, before falling back to 0.56 in 2004. This latest figure would lower Brazil's world inequality rank from 2nd (in 1989) to 10th (in 2004). Poverty incidence also followed an inverted U-curve over...
Persistent link: https://www.econbiz.de/10010522193
"Just as equality of opportunity becomes an increasingly prominent concept in normative economics, the authors argue that it is also a relevant concept for positive models of the links between distribution and aggregate efficiency. Persuasive microeconomic evidence suggests that inequalities in...
Persistent link: https://www.econbiz.de/10010522244
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