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An influential paper by Berg et al., 'Redistribution, inequality, and growth: new evidence', uses the SWIID data to … examine the impact of inequality and redistribution on growth in both developing and developed countries. It finds that while … inequality is harmful for growth, redistribution does not hamper growth. This comment demonstrates that the redistribution and …
Persistent link: https://www.econbiz.de/10012299793
inequality and economic growth, implying the conclusion that inequality reducing policies will foster economic growth. The … likely to suffer from a severe weak instrument problem in the inequality-growth setting because lagged differences of … inequality have practically no explanatory power for current inequality levels. Thus, it is biased in the direction of OLS and …
Persistent link: https://www.econbiz.de/10011627022
the best available estimates of both pre- and post-redistribution inequality for the largest set of countries and periods …This paper re-examines the determinants and consequences of redistribution in light of improved data and methods … relative to earlier literature. In particular, we use the latest version of the UNU-WIDER' Income Inequality Database to have …
Persistent link: https://www.econbiz.de/10011568157
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10011349190
Although it is often argued that wealth inequality matters more for economic growth than income inequality, this … timeframe. Leveraging hitherto unexploited wealth inequality data from the World Inequality Database, covering a panel of 165 … at the top of the distribution and economic growth. A one standard deviation increase in wealth inequality within …
Persistent link: https://www.econbiz.de/10014553772
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality …
Persistent link: https://www.econbiz.de/10010252825
the distribution of consumption, poverty and inequality in the world. …
Persistent link: https://www.econbiz.de/10011453984
the distribution of consumption, poverty and inequality in the world. …
Persistent link: https://www.econbiz.de/10011482260
consumption distribution, poverty and inequality for the world and specific country aggregates. …
Persistent link: https://www.econbiz.de/10010428804
distribution of consumption, poverty and inequality in the world. …
Persistent link: https://www.econbiz.de/10011409506