Showing 1 - 10 of 965
likely reduces aggregate consumption and limits economic growth. …
Persistent link: https://www.econbiz.de/10011995764
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … linking economic growth and income inequality. …
Persistent link: https://www.econbiz.de/10014384038
likely reduces aggregate consumption and limits economic growth …
Persistent link: https://www.econbiz.de/10012872094
Housing is a long-lived asset whose value is sensitive to variations in long-term growth and interest rates. When a …
Persistent link: https://www.econbiz.de/10012835957
Inequality has become a central policy issue across the world. We study trends of inequality in earnings, income and wealth across households in Japan, using the National Survey of Family Income and Expenditure (NSFIE) from 1984 to 2014. We focus on the transition of inequality unconditionally...
Persistent link: https://www.econbiz.de/10012869148
Using panel data on individual borrowing characteristics and neighborhood income, we assess the impact of relative income on indebtedness and payment delinquencies. We find that a worsening in relative income vis-à-vis similarly aged neighbors leads to higher indebtedness, primarily due to...
Persistent link: https://www.econbiz.de/10013322531
We take into account that envy (relative consumption concerns) is more pronounced in the present than in the future. We consider a Ramsey-type model in which agents differ only in their initial capital endowments but are identical in their exogenous parameters. Agents' preferences exhibit...
Persistent link: https://www.econbiz.de/10014528209
This paper examines the country-level dynamics of long-run growth in Africa between 1975 and 2005. We are primarily … interested in examining how growth has affected mobility and the distribution of income among countries. We analyse changes in …. Finally, we use a novel method of breaking up the growth histories of African economies into medium term spells of growth …
Persistent link: https://www.econbiz.de/10010273446
In this study, we examine the contributions of growth and redistribution to poverty reduction in Mexico during the … reduction into components arising from growth, improved income distribution, and heterogeneous inflation. We find the component … level from the household data and estimate a system of equations that characterize the dynamic relationship between growth …
Persistent link: https://www.econbiz.de/10012029548
redistribution and the impacts of redistribution on growth can be misleading. …
Persistent link: https://www.econbiz.de/10011568157