Showing 1 - 10 of 7,652
between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …Understanding the relationship between income inequality and economic growth is of utmost importance to economists and …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …
Persistent link: https://www.econbiz.de/10012404500
is measured by the estimation of poverty, inequality and pro-poorness. The paper suggests that the upcoming ―Smart cities …
Persistent link: https://www.econbiz.de/10011127586
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
signs of a deceleration in the pace of inequality reduction in Latin America. This paper argues that the deceleration is the … result of two set of reasons. First, several of the driving factors of the fall in inequality in the 2000s have lost strength … early 2010s, making further reductions in inequality more difficult. …
Persistent link: https://www.econbiz.de/10011459691
. We show that increasing inequality promotes increasing gap r - g, and vice-versa, because capital is a cumulative … endless inequality spiral. …
Persistent link: https://www.econbiz.de/10011625600
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
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 …. China's rapid economic growth is by far the most important factor underlying almost all of them, notwithstanding sharply …
Persistent link: https://www.econbiz.de/10010516605
We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.
Persistent link: https://www.econbiz.de/10010440430
This paper explores a new theoretical and empirical approach to the assessment of human well-being, relevant to current challenges of social fragmentation in the presence of globalization and technological advance. We present two indexes of well-being - solidarity (S) and agency (A) - to be...
Persistent link: https://www.econbiz.de/10012178514