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income shock is appreciably slower for the poor than for others. They also find that current inequality reducesfuture growth … in mean incomes, though the"growth cost"of inequality appears to be small. The maximum contribution of inequality is …
Persistent link: https://www.econbiz.de/10005079964
Socialism as practiced in Eastern Europe is characterized by massive income redistribution. This paper focuses on: (a) interfirm redistribution, consisting of taxing profitable firms in order to subsidize unprofitable ones; and (b) intrafirm redistribution, consisting of the compression of...
Persistent link: https://www.econbiz.de/10005080180
The authors use a two-step, computationally simple procedure to analyze the effects of Mexico's potentially unilateral tariff liberalization. First, they use a computable general equilibrium model provided by the Global Trade Analysis Project (GTAP) as the new price generator. Second, they apply...
Persistent link: https://www.econbiz.de/10005128488
for measured inequality overall, and negligible for the incidence of poverty (relative to"high"poverty lines). But the net …
Persistent link: https://www.econbiz.de/10005128504
public policy by using a wide variety of evaluation functions, inequality indicators (like the extended Gini coefficient …
Persistent link: https://www.econbiz.de/10005128535
suggests that even an efficient privatization designed to be egalitarian may lead to increases in inequality (and possibly … the public sector may also contribute to an increase in inequality. So can labor market reforms that lead to a …
Persistent link: https://www.econbiz.de/10005128575
The authors compare trends in per capita private consumption, social sector indicators, and government spending in the social sectors, between countries that received Bank adjustment loans and countries that did not. They point out that there is little reason to believe that the poor are being...
Persistent link: https://www.econbiz.de/10005128593
income inequality, little empirical research has been conducted to compare their relative explanatory power. The authors … examine the relation between financial intermediary development and income inequality in a panel data set of 91 countries for … the period 1960-95. Their results provide evidence that inequality decreases as economies develop their financial …
Persistent link: https://www.econbiz.de/10005128634
Few studies have tried to measure how households in a developing country save from each of the different income sources at their disposal. To help fill that gap, the Author uses five-year panel data to examine how households in rural Pakistan save from each of the seven separate sources of...
Persistent link: https://www.econbiz.de/10005128701
In theory, it is possible that the persistent poverty that has emerged in many transition economies, is attributable to underlying, non-convexities in the dynamics of household incomes - such that a vulnerable household will never recover from a sufficiently large, but short-lived shock to its...
Persistent link: https://www.econbiz.de/10005128740