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This paper analyzes the effects of economic growth on labor earnings in Bolivia during 1999-2012. More precisely, we … develop a labor market model to capture both cycle and trend effects of prices, and production on earnings, which is estimated … econometrically using pseudo-panel data methods. The results show that labor earnings have had a pro-cyclical behavior. In particular …
Persistent link: https://www.econbiz.de/10011333626
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
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and … empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The … evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on …
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This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, id est in support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design. Then, it elaborates on more granular tax policy,...
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