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Using the Standardized World Income Inequality Database, we examine if the KOF Index of Globalization and the Economic … variables and controlling for potential endogeneity using GMM. Social globalization and deregulation is also linked to … inequality. Reforms towards economic freedom seem to increase inequality mainly in rich countries, and social globalization is …
Persistent link: https://www.econbiz.de/10013061899
While economic freedom has been linked to positive outcomes such as economic growth and well-being, studies examining its relationship with income inequality have produced inconsistent results. The chapter reviews empirical research published in peer-reviewed journals indexed in the Social...
Persistent link: https://www.econbiz.de/10014350075
We compare four methodologies to estimate the global distribution of income and find that many methods work well, but the method based on two-parameter distributions is more accurate than other methods. This method is simpler, easier to implement and relies on a more internationally-comparable...
Persistent link: https://www.econbiz.de/10011578053
This paper provides a broad picture of national, regional and global trends of inequality in length of life over the period 1950–2015. We use data on life tables from World Population Prospects to develop a comprehensive database of a battery of inequality measures for 201 countries at...
Persistent link: https://www.econbiz.de/10012942876
The interest in the level of global inequality has surged in recent years. This paper complements existing estimates of global inequality by providing the first estimates of the level of bipolarization of the global income distribution. During 1975–2010, global bipolarization declined...
Persistent link: https://www.econbiz.de/10012929507
The interest in the level of global inequality has surged in recent years. This paper complements existing estimates of global inequality by providing the first estimates of the level of bipolarization of the global income distribution. During 1975-2010, global bipolarization declined...
Persistent link: https://www.econbiz.de/10011777701
<I>Economic Freedom of the World</I>, an economic index published by the Fraser Institute, has seen wide use inside and outside academia. Certain data issues arise, however, when complete data are unavailable. This paper proposes to mitigate or eliminate many of these issues by filling in the missing...</i>
Persistent link: https://www.econbiz.de/10013048009
Using various indicators for economic freedom, it is shown that increases in economic freedom are robustly related to economic growth. This conclusion holds even if the impact of outlying observations is taken into account. The level of economic freedom is not related to economic growth
Persistent link: https://www.econbiz.de/10014144008
We examine the Kuznets postulate that structural transformation leads to higher inequality using comparable panel data for a large number of developing and developed countries for 1960-2012. Countries are in different stages of structural transformation, being either structurally...
Persistent link: https://www.econbiz.de/10012137963
We examine the effect of economic globalisation on income redistribution and hypothesise that it depends on ethnic fractionalisation. In highly fractionalised countries, powerful ethnicities are able to extract globalisation-induced benefits, whereas their governments face substantial political...
Persistent link: https://www.econbiz.de/10012130069