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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/10011933948
When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … that the U-shaped inequality trend over the past century holds up, but with important qualifications. Using measures that …
Persistent link: https://www.econbiz.de/10011957201
We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with …
Persistent link: https://www.econbiz.de/10010264271
Countries with high income inequality also show a strong association between parents´ and children´s economic well … higher inequality in childhood has a negative effect on intergenerational mobility as adults. Furthermore, the influence of … economic growth and public education is evaluated: both have a positive, significant, and substantial effect on …
Persistent link: https://www.econbiz.de/10011441761
, allowing an understanding of growth and inequality in the region. The region has experienced Ø- and σ-convergence …; however, growth rates of per capita gross domestic product are low at aggregate and sectoral levels. At sectoral level, the … sectors such as education and health can enhance growth rate, whereas the overall revenue expenditure retards growth …
Persistent link: https://www.econbiz.de/10012424163
Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …
Persistent link: https://www.econbiz.de/10012424164
Reducing poverty and inequality and promoting inclusive growth are fundamental to achieving the United Nations … evaluation of the main stylized facts concerning poverty, inequality, and growth. It will uncover existing trends, put …
Persistent link: https://www.econbiz.de/10013364552
This paper analyzes the relationship between economic growth, inequality and redistribution. In a cross-country setting … for 25 EU countries over the period 2007-2019, we show that market income inequality is associated with higher growth in … NBS) boosts growth in the short run, driven by the consumption and private investment channels. On the other hand …
Persistent link: https://www.econbiz.de/10014492497
This paper analyzes the relationship between economic growth, inequality and redistribution. In a cross-country setting … for 25 EU countries over the period 2007-2019, we show that market income inequality is associated with higher growth in … NBS) boosts growth in the short run, driven by the consumption and private investment channels. On the other hand …
Persistent link: https://www.econbiz.de/10014508056
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/10010397345