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This paper analyzes the relationship between mean income and the income of the rich. Our methodology closely follows that of Dollar and Kraay (2002), but instead of looking at the bottom of the distribution, we analyze the top. We use panel data from the World Top Incomes database, which...
Persistent link: https://www.econbiz.de/10013071344
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … poverty has declined greatly but by others it has hardly declined at all, even over the fifty years. The global middle class …
Persistent link: https://www.econbiz.de/10010516605
compute world poverty rates by integrating the density function below the poverty lines. The $1/day poverty rate has fallen …
Persistent link: https://www.econbiz.de/10014116671
and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect. …
Persistent link: https://www.econbiz.de/10010211159
and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality and initial poverty have no significant effect …
Persistent link: https://www.econbiz.de/10013036783
and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect …
Persistent link: https://www.econbiz.de/10013061938
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10009736745
percentage decline in poverty, and the percentage change in the real minimum wage - are negatively correlated with inflation in … tends to increase poverty. This paper - a joint product of Macroeconomics and Growth, Development Research Group, and the … International Monetary Fund - is part of a larger effort to study the effects of macroeconomic policies on growth and poverty …
Persistent link: https://www.econbiz.de/10014144469
income, the percentage decline in poverty, and the percentage change in the real minimum wage - are negatively correlated … minimum wage - and tends to increase poverty …
Persistent link: https://www.econbiz.de/10014146683
1970 and 1998. We estimate poverty rates and headcounts by integrating the density function below the $1/day and $2/day … poverty lines. We find that poverty rates decline substantially over the last twenty years. We compute poverty headcounts and … by 450 million over the same period. We analyze poverty across different regions and countries. Asia is a great success …
Persistent link: https://www.econbiz.de/10014116672