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inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary … inequality-growth transmission channel they propose, must therefore be assessed as overly simplistic and inadequate with respect …
Persistent link: https://www.econbiz.de/10010306778
according to which (1) rising inequality induces more government redistribution; (2) more government redistribution is financed …, as well as the specific inequality-growth transmission channel they propose, must therefore be assessed as overly …
Persistent link: https://www.econbiz.de/10010263391
examines the correlations between income inequality and economic growth using a panel of income distribution data for 3 …,109 counties of the U.S. We examine the non-spatial dynamic correlations between county inequality and growth using a System GMM … approach, and find significant negative relationships between changes in inequality in one period and growth in the subsequent …
Persistent link: https://www.econbiz.de/10009464068
This study reexamines the relationship between economic growth and inequality, challenging the conventional view that … regards inequality solely as an impediment to development. While recognizing the essential role of economic growth in … growth. We explore how inequality interplays with pressing global challenges like climate change and pandemics, areas that …
Persistent link: https://www.econbiz.de/10014438991
Divergence between the evolution of GDP per capita and the income of a 'typical' household as measured in household surveys is giving rise to a range of serious concerns, especially in the USA. This paper investigates the extent of that divergence and the factors that contribute to it across 27...
Persistent link: https://www.econbiz.de/10011725463
been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack …
Persistent link: https://www.econbiz.de/10011396968
inequality: Thus there is a new approach for explaining Piketty's historical findings of a medium term rise of the capital income …
Persistent link: https://www.econbiz.de/10010510592
Persistent link: https://www.econbiz.de/10010510887
Since 1994, a great deal has been accomplished. We argue that poverty reduction was temporarily sidelined in the 2000s. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in agriculture and a weather shock, undermined progress in...
Persistent link: https://www.econbiz.de/10010511245
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … "inequality convergence" with previously more equal countries becoming less equal over time and the obverse. We provide support …
Persistent link: https://www.econbiz.de/10010516605