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believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy … this must always have been true. Indeed, some have argued that high inequality appeared very early in the post … performance we observe there even today. This paper argues to the contrary. Compared with the rest of the world, inequality was …
Persistent link: https://www.econbiz.de/10010300163
This paper uses recently published top 1% income share series in studying the inequality-development association. The … opportunity to study slow development processes. The empirical inequality-development studies have started to call into question … spline methods. The association between top 1% share and development is found to experience a reversal at later stages of …
Persistent link: https://www.econbiz.de/10011418559
quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor … path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical … time horizons, or as the economy gets closer to the poverty trap threshold, combining means-tested education and wage …
Persistent link: https://www.econbiz.de/10010328942
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/10010334229
In the decade before the famine, Ireland experienced a boom in Microfinance Institutions (MFIs). This paper analyses the motivations of MFI proponents and practitioners, and finds evidence linking the boom in MFIs with the introduction of the poor law in 1838. Many contemporary writers saw...
Persistent link: https://www.econbiz.de/10012007479
The commonly-used satellite images of nighttime lights fail to capture the true brightness of most cities. We show that night lights are a reliable proxy for economic activity at the city level, provided they are first corrected for top-coding. We present a stylized model of urban luminosity and...
Persistent link: https://www.econbiz.de/10012018102
development. In the past half-century, these countries raised agricultural productivity faster than population growth and … displayed sufficient state capability to direct change towards a respectable level of industrial development. In this period …: agriculture, industry, foreign trade and investment, and social development. By using a more socially grounded analytical approach …
Persistent link: https://www.econbiz.de/10011943901
The paper investigates the relationship between development, as measured by the GNI per capita and lived poverty in …
Persistent link: https://www.econbiz.de/10011956959
The Chilean development story of the last two to three decades is a mix of successes in the macro, growth, poverty and … trade fronts but also of failure in reducing chronic inequality of income and wealth. In addition, the current growth … development model include urban insecurity and rising crime, pollution, pressure on natural resources, congestion and social …
Persistent link: https://www.econbiz.de/10010273407
In many countries extreme poverty is unnecessary. Yet it persists. We propose a simple index, denoted the Miser index, to measure the extent to which societies have poverty in the midst of affluence. It builds on the generalized Lorenz curve, but can also be seen as a measure of polarization...
Persistent link: https://www.econbiz.de/10010275899