Showing 1 - 10 of 5,247
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
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 …
Persistent link: https://www.econbiz.de/10010469680
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 … inequality in rich countries. It is argued that using some unadjusted inequality measures in growth regressions may yield …
Persistent link: https://www.econbiz.de/10011409838
In this paper we study the impact of the income distribution on innovation through the demand for quality goods. For simplicity, we assume that there are two types of consumers, rich and poor. The income distribution is measured by the population share of the poor and the relative income of the...
Persistent link: https://www.econbiz.de/10010263108
Empirical evidence on the relationship between a country?s wealth inequality and economic growth is ambiguous. This … growth. Moreover, the impact of wealth inequality on economic growth is through the supply of human capital as well as the … demand for better quality goods. Hence, the relationship between wealth inequality and economic growth is non-linear. …
Persistent link: https://www.econbiz.de/10010263165
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/10010312338
intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is … lower (higher) and the SCC higher (lower) than along an inequality-neutral growth path, especially if intra-generational and …A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and …
Persistent link: https://www.econbiz.de/10013206181
addressing this challenge and providing methods for ethical poverty, welfare, and inequality comparisons with univariate ordered …
Persistent link: https://www.econbiz.de/10012650402
points in the poverty headcount as well as a decline of 0.32 points in the Gini coefficient. …
Persistent link: https://www.econbiz.de/10012418634
. Inequality and poverty changes were not affected by imputation. We took advantage of the methodology proposed to input rents and … methods. In 2015, 2.5 per cent of the sample had per capita incomes imputed, resulting in slightly higher levels of inequality …
Persistent link: https://www.econbiz.de/10011921416