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An influential paper by Berg et al., 'Redistribution, inequality, and growth: new evidence', uses the SWIID data to … examine the impact of inequality and redistribution on growth in both developing and developed countries. It finds that while … inequality is harmful for growth, redistribution does not hamper growth. This comment demonstrates that the redistribution and …
Persistent link: https://www.econbiz.de/10012299793
We study the relationship between per-capita income and income inequality with a heterogeneous panel co …-51 years and consider measures for both pre-tax and post-tax income inequality; second, we take into account country …-tax income inequality,but no such relationship for post-tax income inequality. Moreover, we find estimates on the country level …
Persistent link: https://www.econbiz.de/10011981849
spur growth in the economy, that increasing income/consumption levels contribute to reducing inequality, and that poverty …In this study, we examine the contributions of growth and redistribution to poverty reduction in Mexico during the … reduction into components arising from growth, improved income distribution, and heterogeneous inflation. We find the component …
Persistent link: https://www.econbiz.de/10012029548
growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …
Persistent link: https://www.econbiz.de/10011966802
for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … and mobility decisions, population growth, and income disparities across and within countries. First, our static … experiments reveal that the geography of skills matters for global inequality. Low access to education and sectoral misallocation …
Persistent link: https://www.econbiz.de/10011910583
Countries with high income inequality also show a strong association between parents' and children’s economic well … experiencing higher income inequality in childhood is associated with lower intergenerational mobility measured in adulthood …. Following the same methodology, the influence of economic growth and public education is evaluated: both are positively …
Persistent link: https://www.econbiz.de/10011932596
Countering recent rises in many countries of inequality in income and wealth is widely recognized as a major … development challenge. This is so from an ethical perspective and because greater inequality is perceived to be detrimental to key … development aims. Still, an informed debate on the effects of inequality requires clear evidence. This review contributes to the …
Persistent link: https://www.econbiz.de/10012432946
This paper looks at the recent trends of rising inequality in developing Asia, asks why inequality matters, examines … the driving forces of rising inequality, and proposes policy options for tackling high and rising inequality …. Technological change, globalization, and market-oriented reform have driven Asia’s rapid growth, but have also had significant …
Persistent link: https://www.econbiz.de/10010991093
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010959810
-biased technological progress and use cross-country panel data on inequality and GDP to test these ideas. A one-year increase in the level …
Persistent link: https://www.econbiz.de/10011255487