In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality data and special attention to the role of transition countries. We base our analysis on the specification of Forbes (2000), but also address the functional form concerns raised...

In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality data and special attention to the role of transition countries. We base our analysis on the specification of Forbes (2000), but also address the functional form concerns raised...

This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960-2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic, economic,...

As evidence accumulates to expose the ineffectiveness of foreign aid, there are increasing calls for rich countries to open up their immigration policies so as to enable migrants' remittances to substitute for foreign aid as a growth-stimulant in poor, migrant-sending countries. In this paper,...

This study contributes to the vast empirical literature on the interplay between income inequality and economic growth in two fronts. First, by using data from the World Inequality Database, potential cross-country heterogeneity, which is concealed in studies that use panel data, is addressed....

The study complements the existing literature on the role of credit constraints in the interplay between income inequality and economic growth. The question "what type of financial development matters for inequality-growth relationship" is answered empirically by adopting a multi-dimensional...

This study re-examines the much studied inequality-growth relationship. An empirical analysis that covers over a hundred countries finds no clear evidence for inequality to boost or dampen the growth of per capita GDP. Furthermore, evidence is found for inequality to promote growth through...

The purpose of this study is to investigate, by use of relevant robust econometric modelling, physical capital and human capital, and their impact on growth in Indonesia for policy analysis. The Auto Regressive Distributed Lag (ARDL) by Pesaran and Pesaran (1997) were chosen for supporting the...

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...

This paper revisits demographic dividend issues after almost 2 decades of debate. In 1998, David Bloom and I used a convergence model to estimate the impact of demographic-transition-driven age structure effects and calculated what the literature has come to call the “demographic dividend.”...