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correlated with faster and more durable growth, for a given level of redistribution. 3. Redistribution appears generally benign … on growth. Thus the combined direct and indirect effects of redistribution – including the growth effects of the … between redistribution and growth. The best available macroeconomic data do not support that conclusion …
Persistent link: https://www.econbiz.de/10014144640
previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the … best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth … between redistribution and growth. The best available macroeconomic data do not support such a conclusion …
Persistent link: https://www.econbiz.de/10014411129
A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...
Persistent link: https://www.econbiz.de/10014461501
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-percentile consumption diagnostics that could inform redistribution policies. The proposed framework is illustrated in application to Iraq …
Persistent link: https://www.econbiz.de/10012836529
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In line with rapid world economic growth, globalization has led to a decrease in global income inequality, according to the World Bank. However, in some contexts, income disparity continues to rise, proving that a variety of factors can determine wealth and income across different countries and...
Persistent link: https://www.econbiz.de/10014380293
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