Showing 1 - 10 of 151
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
path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical …
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 has dropped in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the very unhappy and the perfectly happy....
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 … 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
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10010278600