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We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require … used (nonlinear) parametric approaches—the economy first expands rapidly with a large decline in inequality, plateaus when … inequality remains relatively stable, and then decreases rapidly with a large increase in inequality. This novel finding helps …
Persistent link: https://www.econbiz.de/10011208448
Persistent link: https://www.econbiz.de/10011382981
We study the relationship between per-capita income and income inequality with a heterogeneous panel co …-51 years and consider measures for both pre-tax and post-tax income inequality; second, we take into account country …-tax income inequality,but no such relationship for post-tax income inequality. Moreover, we find estimates on the country level …
Persistent link: https://www.econbiz.de/10011981849
In this paper education simultaneously affects growth and income inequality. More education does not necessarily … then decrease growth as well as income inequality, when measured by the Gini coefficient. There is no clear functional … relationship between growth and measured income inequality. The model identifies regimes of this relationship which depend …
Persistent link: https://www.econbiz.de/10010266863
Growth is good for the poor” is a ubiquitous statement and one generally backed by theory, research and history. In … the long-run, growth reduces poverty. Yet, growth in output - per se - is neither a necessary nor a sufficient condition … the relation between growth and poverty in Kazakhstan, a country that experienced rapid growth and poverty reduction in …
Persistent link: https://www.econbiz.de/10011213141
In this paper we investigate the relationship between inequality and the environment in a growing economy from a … political economy perspective. We consider an endogenous growth economy, where growth generates pollution and a deterioration of … the environment. Public expenditures may either be devoted to supporting growth or abating pollution. The decision over …
Persistent link: https://www.econbiz.de/10005696850
We review the literature on the links between inequality, growth and welfare. Three questions are addressed: 1) What is … the impact of growth and development on inequality? 2) What is the impact of inequality on growth, development and welfare … impact of inequality on growth is twofold. Firstly, inequality fosters growth when this is based on capital accumulation, but …
Persistent link: https://www.econbiz.de/10011098375
coupled with an inadequate nutritional intake, relative to a situation where there is no such concern for status. Thus, growth … and negative relationship between inequality and share of nutritional consumption as reflected in the consumption of food …. Finally the paper looks at the empirical relationship between inequality and consumption across districts within states of …
Persistent link: https://www.econbiz.de/10011259208
This paper investigates the optimal environmental policy (the mix of emissions tax and R&D subsidy) when two firms, producing differentiated products, compete in the output market over time. Firms compete over supply schedules, which encompasses a continuum of market structures from Bertrand to...
Persistent link: https://www.econbiz.de/10011265809
inequality indices when estimated from complex survey data. It turns out that this method also greatly simplifies the …
Persistent link: https://www.econbiz.de/10011438447