Showing 1 - 10 of 5,787
When measuring income inequality over long periods of time, accounting for population and productivity growth is … that the U-shaped inequality trend over the past century holds up, but with important qualifications. Using measures that …-term income inequality trends. …
Persistent link: https://www.econbiz.de/10011939792
When measuring income inequality over long periods of time, accounting for population and productivity growth is … that the U-shaped inequality trend over the past century holds up, but with important qualifications. Using measures that …-term income inequality trends …
Persistent link: https://www.econbiz.de/10012892200
end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously …. Inequality and group income are positively correlated for poor groups, but negatively correlated for rich groups. There is very … strong path dependence: inequality in early periods is strongly negatively correlated with group income in later periods …
Persistent link: https://www.econbiz.de/10010409781
This paper analyzes trade and financial openness effects on growth and income inequality in 35 OECD countries. Our … countries. We estimate, for the period 1995-2016, an error correction model in which per capita GDP and inequality are driven by … financial openness reduce the growth gaps across the countries but not income inequality, and the effects of finance are …
Persistent link: https://www.econbiz.de/10012895707
This paper analyses trade and financial openness effects on growth and income inequality in 35 OECD countries. Our … countries. We estimate, for the period 1995-2016, an error correction model in which per capita GDP and inequality are driven by … financial openness reduce the growth gaps across the countries but not income inequality, and the effects of finance are …
Persistent link: https://www.econbiz.de/10012859184
We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.
Persistent link: https://www.econbiz.de/10010440430
case studies rather than cross-country regression analysis; (ii) the phenomenon of increasing inequality; (iii) different …) alternative modes of redistribution in face of inequality increasing tendencies. …
Persistent link: https://www.econbiz.de/10014024196
This paper analyzes the relationship between economic growth, inequality and redistribution. In a cross-country setting … for 25 EU countries over the period 2007-2019, we show that market income inequality is associated with higher growth in …
Persistent link: https://www.econbiz.de/10014552531
This paper analyzes the relationship between economic growth, inequality and redistribution. In a cross-country setting … for 25 EU countries over the period 2007-2019, we show that market income inequality is associated with higher growth in …
Persistent link: https://www.econbiz.de/10014483700
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