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partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined … income data from the Luxembourg Income Study suggests that there is a negative relationship between growth and income …
Persistent link: https://www.econbiz.de/10011409838
We study the relationship between per-capita income and income inequality with a heterogeneous panel co-integration approach.We extend previous studies in two respects: first, we compile a more extensive data set for 61 countries over 26-51 years and consider measures for both pre-tax and...
Persistent link: https://www.econbiz.de/10011981849
also small relative to the variation in growth in average incomes, implying that the latter accounts for most of the … variation in income growth in the poorest quintiles. These findings hold across most regions and time periods and when … conditioning on a variety of country-level factors that may matter for growth and inequality changes. This evidence confirms the …
Persistent link: https://www.econbiz.de/10009788629
We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require …
Persistent link: https://www.econbiz.de/10010469680
Persistent link: https://www.econbiz.de/10011513980
I study a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom. Within a given occupation it may harm some workers while benefitting...
Persistent link: https://www.econbiz.de/10010262486
this connection. Over the past ten years, positive growth and employment trends have signifi cantly improved opportunities … efficient growth and redistributive policies in the future, it is essential for Germany to maintain sufficient incentives for …
Persistent link: https://www.econbiz.de/10011441637
This paper discusses long-term trends in the macroeconomic growth performance and in income distribution in Europe and … the U.S. We review insights from the recent macroeconomic literature on inequality and growth and use these insights to … shed light on the growth and inequality trends …
Persistent link: https://www.econbiz.de/10011509368
This study complements the inclusive growth literature by examining the determinants and consequences of the middle … class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 …
Persistent link: https://www.econbiz.de/10011409206
Much of the recent interest in the relationship between growth and distribution has focused on advanced economies and …
Persistent link: https://www.econbiz.de/10012024613