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profit-driven- and increase wealth inequality. However, the effect on long-run growth is negative, because of the reduced … restore balanced growth in the long run; and the increase in wealth inequality is permanent. The ultimate effect on long …
Persistent link: https://www.econbiz.de/10012659139
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be … Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine … whether inequality of opportunity - driven by circumstances at birth - has a negative effect on subsequent growth. Results are …
Persistent link: https://www.econbiz.de/10010364975
We examine inequality convergence over the past three decades and ask if environmentally related impacts on health, and … their effect on human capital, are responsible for the slow rate of inequality reduction in countries. Though higher initial … incidence of environmentally related impacts on health simultaneously worsens the rate of inequality reduction, we find that …
Persistent link: https://www.econbiz.de/10013380662
Persistent link: https://www.econbiz.de/10011302523
pollution. It analyzes not only inequalities in income, wealth and economic structures between (any number of) countries, but … building the model, we show that the dynamics of the world economy with countries is described by differential equations. We … system. Our analysis provides some insights into the complexity of global economic growth with environment. For instance, the …
Persistent link: https://www.econbiz.de/10010470656
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
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
timeframe. Leveraging hitherto unexploited wealth inequality data from the World Inequality Database, covering a panel of 165 …Although it is often argued that wealth inequality matters more for economic growth than income inequality, this … 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
This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the … empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the … forces that determine inequality change, focusing on factor accumulation and structural change. Next it considers the …
Persistent link: https://www.econbiz.de/10010249771
We consider an empirical estimation of the Environmental Kuznets Curve (EKC) for carbon dioxide and sulphur, with a focus on confidence set estimation of the tipping point. Various econometric – parametric and nonparametric – methods are considered, reflecting the implications of...
Persistent link: https://www.econbiz.de/10014041945