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The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon … considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are … activity. Moreover, it seems relevant to consider not only the levels of inequality and agglomeration, but also their change …
Persistent link: https://www.econbiz.de/10011515023
In the great majority of Latin American countries in the 2000s, economic growth took place and brought about improvements in almost all labour market indicators and consequent reductions in poverty rates. Across countries, economic growth was not all that mattered; external factors were...
Persistent link: https://www.econbiz.de/10011540612
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … "inequality convergence" with previously more equal countries becoming less equal over time and the obverse. We provide support …
Persistent link: https://www.econbiz.de/10010516605
In the great majority of Latin American countries in the 2000s, economic growth took place and brought about improvements in almost all labour market indicators and consequent reductions in poverty rates. Across countries, economic growth was not all that mattered; external factors were...
Persistent link: https://www.econbiz.de/10011384085
What is the relationship between inequality and growth? This question has occupied and fascinated social scientists for … interplay between inequality and economic growth. Inequality might come in many forms: (top) incomes, wages, wealth, land, or … potential for growth to 'take off'. We consider causality running from inequality to growth; hence, the Kuznets hypothesis is …
Persistent link: https://www.econbiz.de/10012816433
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
change ; urbanization …
Persistent link: https://www.econbiz.de/10009375255
This paper develops a two-sector R&D-based growth model with congestion effects from increasing urban population density. We show that endogenous technological progress causes structural change if there are positive productivity spillovers from the modern to the traditional sector and Engel's...
Persistent link: https://www.econbiz.de/10013118683
, and time periods, separate metaregressions are estimated; one using estimates with the unemployment rate as the dependent … unemployment and economic growth, researchers should bear in mind that there are a number of methodological choices that have …
Persistent link: https://www.econbiz.de/10013164466
the distribution of consumption, poverty and inequality in the world. …
Persistent link: https://www.econbiz.de/10011482260