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In this paper education simultaneously affects growth and income inequality. More education does not necessarily … then decrease growth as well as income inequality, when measured by the Gini coefficient. There is no clear functional … relationship between growth and measured income inequality. The model identifies regimes of this relationship which depend …
Persistent link: https://www.econbiz.de/10010266863
inequality is permanent, the increase in growth appears to be permanent. However, our estimates imply that it would take 13 years …Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a … top decile's income share is associated with a statistically significant 0.12 point rise in GDP growth during the …
Persistent link: https://www.econbiz.de/10010269773
strong incentives for product innovations (new luxuries). We show that the inequality-growth relationship depends on which …We study a model of endogenous growth where firms invest both in product and process innovations. Product innovations … balanced growth path. …
Persistent link: https://www.econbiz.de/10010270070
trade fronts but also of failure in reducing chronic inequality of income and wealth. In addition, the current growth …The Chilean development story of the last two to three decades is a mix of successes in the macro, growth, poverty and …
Persistent link: https://www.econbiz.de/10010273407
This paper analyses the relationship between growth patterns, poverty, and inequality in Brazil during its … contributions to the literature. One is the proposal of a new measure of pro-poor growth, which links growth rates in mean income … and in income inequality. The other contribution is a decomposition methodology that explores linkages between three …
Persistent link: https://www.econbiz.de/10010273493
When it comes to the inequality-growth relationship, the empirical literature offers contradictory assessments … of inequality while the level-based estimators also incorporate the negative consequences - which require more time to … materialize. Thus, the latter estimates come close to reflect the adverse overall impact of inequality in the long run. …
Persistent link: https://www.econbiz.de/10010273639
We analyze the association between inequality and growth across 72 labor market regions in Sweden 1990-2006. Highly … accurate measures of growth and inequality (gini, Q3, p9075, p5010) are derived from population register data. The regional set … inequality enhances growth by stimulating commuting incentives. …
Persistent link: https://www.econbiz.de/10010278526
trends in world income inequality, it examines first the ‘growth’ conduit through which globalization affects poverty …. Treating inequality as the explicit filter between growth and poverty reduction, the causal chain of openness-growth-inequality …
Persistent link: https://www.econbiz.de/10010279004
helps to understand the high levels of inequality. The contemporary fiscal version of that assertion goes something like … macroeconomic imbalances, high inflation, low growth, as well as low-quality public policies. When redistributive efforts are short … that reduce growth and thwart poverty reduction efforts. The argument of this paper is that there are various possible …
Persistent link: https://www.econbiz.de/10014564012
as follows: (i) a higher dependence on primary commodities reduces economic growth, increases income inequality, and … slows down the rate of human capital accumulation; (ii) the negative effects of primary commodities on growth, inequality … the case of growth and inequality, the negative effect of primary commodities and the differences of the slope …
Persistent link: https://www.econbiz.de/10009448468