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This paper proposes a multidimensional procedure for jointly assessing the absolute and relative pro-poorness of growth …. It is also a procedure for testing whether poverty comparisons can be made over classes of indices that incorporate both … procedure is also robust to choosing over a class of weights to aggregate the impact of growth on the poor as well as over …
Persistent link: https://www.econbiz.de/10009515911
This paper aims to assess tax policy reforms that can sustain universal basic income programs and foster long-term growth and welfare in a currency union that faces fiscal rule constraints and inequality. To address this ongoing government and economics' debate, we developed a Dynamic Stochastic...
Persistent link: https://www.econbiz.de/10014414077
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Background: Since the latter part of the 20th Century, countries have been particularly challenged by the trade-off that exists between delivering generous welfare provisions and strong economic growth. Such dynamics have stimulated a need to better understand the causes of income inequality so...
Persistent link: https://www.econbiz.de/10012025364
equity" miracle. There is a growing consensus that high levels of inequality can hamper the pace and sustainability of growth …
Persistent link: https://www.econbiz.de/10012180678
The authors propose a policy compact to achieve more inclusive growth in G20 countries so that economic growth regains the ultimate sense of improving all people’s lives. Guiding principles are: 1) prosperity is not just about income but about all relevant outcomes of well-being and...
Persistent link: https://www.econbiz.de/10011917283
Economic analysis of crime and criminal law addresses the question of individual welfare (utility) maximization through optimal allocation of resources and time in accordance to their relative returns. In this paper I first summarize the theoretical and empirical evidence on the nexus between...
Persistent link: https://www.econbiz.de/10010385709
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procedure that considers structural breaks. Therefore, policymakers should employ strategies that entail a double effect of …
Persistent link: https://www.econbiz.de/10014503148