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This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
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This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over the period 1980–2013, with a focus on the redistributive contribution of fiscal policy. Using instrumental variable techniques to deal with potential endogeneity, we...
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In this paper we systematize existing theoretical and empirical, often contradictory, knowledge of leading international economists and foreign institutions about reciprocal and causal relations between income distribution, economic growth and income poverty, in order to highlight the importance...
Persistent link: https://www.econbiz.de/10009294294
Взаимосвязь между неравенством доходов и экономическим ростом рассмотрена в контексте относительного потребления экономических агентов. Представлена простая...
Persistent link: https://www.econbiz.de/10011226361
Most of the research on the relation between economic growth and income distribution has concentrated on the well-known Kuznets inverted-U hypothesis which claims that economic growth initially worsens income inequality and then it improves it. A few studies have argued that income inequality...
Persistent link: https://www.econbiz.de/10010669042
The relationship between income inequality and economic growth are considered in the context of the relative consumption of economic agents. A endogenous growth simple model is presented, in which agents have different initial levels of income and operating in accordance with cascading benefits,...
Persistent link: https://www.econbiz.de/10010670484
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