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Cross-country studies have found a negative relationship between income inequality and economic growth. The main problem with the cross-country analyses is the poor quality of the data on income distribution. This paper tests the robustness of the cross-country results to the use of a more...
Persistent link: https://www.econbiz.de/10010326947
This paper provides an overview of poverty in North America. In it we look at the three countries of North America, Mexico, the US, and to a lesser extent Canada and attempt to both describe poverty as it exists in the three countries and explore some of the correlates of poverty. In doing so,...
Persistent link: https://www.econbiz.de/10010335559
For a long time conventional wisdom held that income inequality enhances investment and work incentives and thereby is good for economic growth. In the 1990s this view was turned on its head, as a number of empirical analyses found an association between inequality and slower growth across large...
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This paper reviews changing income distributions in the United States, Germany, and the Netherlands, treating the three countries as leading economic performers in ' the three worlds of welfare capitalism.' Previous analyses have shown that earnings dispersion is increasing. The potential impact...
Persistent link: https://www.econbiz.de/10010377513
This assessment of the present context for evolving socio-economic patterns and trends in the United States is intended to support consideration of prospects for gains in income shares among the lower income population, recognising that the United States is: a very large heterogeneous...
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