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Evidence from a current panel of harmonized worldwide data highlights a robust negative effect of income inequality on …
Persistent link: https://www.econbiz.de/10011309192
countries and 34 non-OECD economies starting from the year 1980 with varying coverage across countries. The results of the panel …
Persistent link: https://www.econbiz.de/10012837041
We study the relationship between per-capita income and income inequality with a heterogeneous panel co … heterogeneity rather than relying on average panel estimates alone. We find a negative group-mean based relationship using pre …
Persistent link: https://www.econbiz.de/10011981849
article we argue that the key omitted variable is the quality of economic institutions. Using both cross-country and panel …
Persistent link: https://www.econbiz.de/10014215776
We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest that market-oriented structural reforms were...
Persistent link: https://www.econbiz.de/10012154916
panel data set of 77 countries. The estimated nonlinear function exhibits relatively smooth regime switching, as regards the …
Persistent link: https://www.econbiz.de/10013043065
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and empirical approaches have produced ambiguous results on sign and size of this relationship. Although there is a considerable part of the literature that considers inequality...
Persistent link: https://www.econbiz.de/10011349190
This study uses 1971-2013 panel data to explore the implications of growth, wealth disparities and energy consumption …
Persistent link: https://www.econbiz.de/10011816704
I review the literature on the effects of inequality on growth and development in the developing world. Two stylized … a negative association emerges. Between 15 and 40 percent of the developing world's population lives in countries with … .45. Theory and evidence suggest that high inequality affects growth: (1) through interaction with incomplete and …
Persistent link: https://www.econbiz.de/10012729524
According to increasing marginal tendency to tax avoidance, we establish a dynamic theoretical model, which illustrates an inverted U-curve relationship between economic growth and income inequality in the long run. This finding stands in sharp contrast to the Kuznets curve—whereby inequality...
Persistent link: https://www.econbiz.de/10013295813