Showing 1 - 10 of 1,553
Es realmente cierto que la liberalización comercial repercute desfavorablemente sobre la distribución de los ingresos? Es la globalización la causante de la creciente brecha entre ricos y pobres? La evidencia empírica resultado de numerosos estudios señala que la liberalización comercial...
Persistent link: https://www.econbiz.de/10013035999
This study complements existing literature by investigating how investment-driven finance affects inequality in Africa …-2002). Inequality is measured with estimated household income inequality whereas financial development is proxied with financial depth …
Persistent link: https://www.econbiz.de/10011417474
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …
Persistent link: https://www.econbiz.de/10011454086
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …
Persistent link: https://www.econbiz.de/10011536688
We outline and simulate a stylised post-Keynesian two country stock-flow consistent model to demonstrate the interconnection of three of the main features/outcomes of finance-dominated capitalism, namely worsening income distribution for the bottom 90% households, the rise of international...
Persistent link: https://www.econbiz.de/10012696153
In several publications, starting more than a decade ago, Peter Flaschel and co-authors have outlined the features of a 'social capitalism' as a normative alternative to the liberal and financialised capitalism of the Anglo-Saxon type, but also to the undemocratic Chinese-type of state...
Persistent link: https://www.econbiz.de/10013393481
Making use of a post-Keynesian/Kaleckian two-country stock-flow consistent (SFC) simulation model, we shed light on different regimes in modern finance-dominated capitalism, their interaction at the global scale, and then on the changes in regimes after the 2007-09 crises. Most importantly, we...
Persistent link: https://www.econbiz.de/10014550808
This paper surveys the empirical literature on the association between growth on inequality in less developed countries …, with a particular emphasis on labor market inequality. Crosscountry studies failed to find a clear link from growth to … inequality. Country-specific studies that focused on labor market inequality have shown that, with a few exceptions, wage …
Persistent link: https://www.econbiz.de/10011450868
Concerns over rising inequality have threatened to slow the process of trade liberalization in emerging economies, such … as China and India. But even if trade liberalization raises inequality, these effects may be short lived and associated …
Persistent link: https://www.econbiz.de/10010617217
incorporating state-of-the-art technological knowledge affects accumulation of human capital and wage inequality in the North and … school intensive while the latter is on-the-job-training intensive. The effects of trade upon growth and wage inequality … intra-country wage inequality is more likely to prevail under international trade, when such changes relatively enhance the …
Persistent link: https://www.econbiz.de/10005063394