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Using two-step system-GMM on a panel data of 105 economies over the period 1987-2016, we present formal statistical evidence that Federalism is a strong predictor of greater income inequality in developing economies. It is also a strong predictor of higher poverty incidence and poverty severity...
Persistent link: https://www.econbiz.de/10011899842
In Asia inequality in income between countries is more important than inequality within countries. In Africa, Latin America, and Western Europe and North America, by contrast, there are only small differences between countries; inequality within countries is more important. And when countries...
Persistent link: https://www.econbiz.de/10014137675
Persistent link: https://www.econbiz.de/10011350061
Tension is growing between the interests of the middle classes that are in decline in the mature economies and the rising ones in emerging markets. The aim of the public policies proposed in this paper is to impede such a clash by not threatening de-globalisation, avoiding protectionism,...
Persistent link: https://www.econbiz.de/10011758320
Using comparable fiscal incidence analysis, this paper examines the impact of fiscal policy on inequality and poverty in 25 countries for around 2010. Success in fiscal redistribution is driven primarily by redistributive effort (share of social spending to GDP in each country) and the extent to...
Persistent link: https://www.econbiz.de/10011580618
Key issues in the empirical study on growth are addressed using provincial data in the Philippines. We find a high rate of absolute convergence, a positive relationship between inequality and growth, and a positive relationship between political competitiveness and growth
Persistent link: https://www.econbiz.de/10014096576
Key issues in the empirical study on growth are addressed using provincial data in the Philippines. We find a high rate of absolute convergence, a positive relationship between inequality and growth, and a positive relationship between political competitiveness and growth
Persistent link: https://www.econbiz.de/10014101729
This working paper: (i) provides an overview of global, regional and national income inequalities based on the latest distribution data from the World Bank, UNU-WIDER and Eurostat; (ii) discusses the negative implications of rising income inequality for development; (iii) calls for placing...
Persistent link: https://www.econbiz.de/10014043671
Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium...
Persistent link: https://www.econbiz.de/10012777769
Using a Global database, stylized evidences are presented to show that Gini coefficient of income inequality varies across skill cohorts in all the regions. Also, starting from a relatively egalitarian income distribution, growth reduces inequality for the relatively unskilled cohorts for which...
Persistent link: https://www.econbiz.de/10014057380