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Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …
Persistent link: https://www.econbiz.de/10012404500
We model the evolution of age-dependent personal income distribution and inequality as expressed by the Gini ratio. In … our framework, inequality is an emergent property of a theoretical model we develop for the dynamics of individual incomes … instrument, her work experience and aggregate output growth. Our model is calibrated to the single-year population cohorts as …
Persistent link: https://www.econbiz.de/10011259180
Do other peoples' incomes reduce the happiness which people in advanced countries experience from any given income? And does this help to explain why in the U.S., Germany and some other advanced countries, happiness has been constant for many decades? The answer to both questions is "Yes". We...
Persistent link: https://www.econbiz.de/10011635703
small body of innovators gain relative to others, innovation may lead to inequality. The evidence on this point is … fragmented, based on cross-sectional evidence on skill premia rather than overall levels of inequality. This paper provides the … first comparative evidence on the link between innovation and inequality in a continental perspective. Using micro data from …
Persistent link: https://www.econbiz.de/10011083831
Persistent link: https://www.econbiz.de/10010480617
Persistent link: https://www.econbiz.de/10012244247
Understanding the complex relations between trade integration and poverty reduction is now a priority for Latin American policymakers. The chapters of this book, penned by eminent authors with a long-standing record in the field, represent the current state of knowledge about trade and poverty...
Persistent link: https://www.econbiz.de/10010943459
Understanding the complex relations between trade integration and poverty reduction is now a priority for Latin American policymakers. The chapters of this book, penned by eminent authors with a long-standing record in the field, represent the current state of knowledge about trade and poverty...
Persistent link: https://www.econbiz.de/10010772398
, Statistics Canada released a research study entitled Productivity Growth in Canada, and in March, Industry Canada published a … related to productivity and in identifying the proximate sources of productivity growth such as capital accumulation and … measurement issues to attempts to shed light on the big questions concerning Canadian productivity growth, such as whether …
Persistent link: https://www.econbiz.de/10005518985
The April 21, 2005 issue of the LONDON REVIEW OF BOOKS carried a lead article titled ‘Blood for Oil?’ The paper is attributed to a group of writers and activists – Iain Boal, T.J. Clark, Joseph Matthews and Michael Watts – who identify themselves by the collective name ‘Retort.’ In...
Persistent link: https://www.econbiz.de/10005836969