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Ups and downs in finance, ups without downs in inequality

Godechot, Olivier; Neumann, Nils; Apascaritei, Paula; … - 2021

The upswing in finance over the past several decades has led to rising inequality, but do downswings in finance lead to a symmetric decline in inequality? In this paper, we analyze the asymmetry of the effect of ups and downs in financial markets, as well as the effect of increased capital...

Persistent link: https://www.econbiz.de/10012671930

International income poverty measurement : which way now?

Klasen, Stephan; Krivobokova, Tatyana; Greb, Friederike; … - 2015

In this paper, we critically review conceptual and empirical issues surrounding the derivation of the international poverty line, expressed in PPP-adjusted dollars and linked to various rounds of the International Comparison of Prices (ICP). We find that there are some limitations in the current...

Persistent link: https://www.econbiz.de/10011317789

Global poverty, aid, and middle-income countries : are the country classifications moribund or is global poverty in the process of 'nationalizing'?

Sumner, Andrew - 2013

The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially … classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary … first is that the thresholds used to classify countries by the World Bank and extensively used by aid agencies, albeit with …

Persistent link: https://www.econbiz.de/10009752790

The poor, the prosperous and the 'inbetweeners' : a fresh perspective on global society, inequality and growth

Edward, Peter; Sumner, Andrew - 2014

whether this implies the end of the historical two-cluster world rather than merely a transition as some people move from the … the world's richest 1 per cent, while just a modest amount of redistribution would have ended $2 poverty. If the share of …

Persistent link: https://www.econbiz.de/10010251665

Just End Poverty Now : The Case for a Global Minimum Income

Wells, Thomas R. - 2019

Global GDP is more than 100 trillion dollars, yet 10% of the world's population still live in extreme poverty on less … world to each poor person would eliminate extreme poverty directly and at negligible cost. It is the least we should do …

Persistent link: https://www.econbiz.de/10012865676

Macroeconomic Policies and Poverty Reduction : Stylized Facts and an Overview of Research

Cashin, Paul Anthony; Mauro, Paolo; Pattillo, Catherine A. - 2021

This paper provides a brief and selective overview of research on the links between macroeconomic policies and poverty reduction. Using the Human Development Index as a measure of well-being, the progress made by 100 countries during 1975-98 is presented, and its association with macroeconomic...

Persistent link: https://www.econbiz.de/10013317865

Calibrating a cross-European poverty line

Berthoud, Richard - 2012

How should relative poverty be defined and measured in a European Union where there are substantial variations in income between countries, as well as within countries? This paper uses objective and subjective deprivation indicators to assess the appropriate balance between national and...

Persistent link: https://www.econbiz.de/10009489593

Drivers of inequality in South Africa

Hundenborn, Janina; Leibbrandt, Murray V.; Woolard, Ingrid - 2018

The first democratic elections in 1994 brought about the promise for equal opportunity and an overall improvement of living standards for the majority of the South African population. However, 20 years after the democratization of South Africa, levels of inequality remain stubbornly high. The...

Persistent link: https://www.econbiz.de/10011947039

Income inequality, cohesiveness and commonality in the Euro area : a semi-parametric boundary-free analysis

Anderson, Gordon; Pittau, Maria Grazia; Zelli, Roberto; … - In: Econometrics : open access journal 6 (2018) 2, pp. 1-20

The cohesiveness of constituent nations in a confederation such as the Eurozone depends on their equally shared experiences. In terms of household incomes, commonality of distribution across those constituent nations with that of the Eurozone as an entity in itself is of the essence. Generally,...

Persistent link: https://www.econbiz.de/10011823306

Evolution of inequality in Nigeria : a tale of falling inequality, rising poverty and regional heterogeneity

Odozi, John Chiwuzulum; Uwaifo Oyelere, Ruth - 2022

Recent research on Nigeria indicates declining income inequality. In contrast, anecdotal evidence suggests that only the upper class has benefited from economic growth in Nigeria overtime. The disconnect between these findings and anecdotal evidence, and the limitation in how inequality was...

Persistent link: https://www.econbiz.de/10013414158