, 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 …

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 …

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 …

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 …

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 …

end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously …. Inequality and group income are positively correlated for poor groups, but negatively correlated for rich groups. There is very … strong path dependence: inequality in early periods is strongly negatively correlated with group income in later periods …

We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the … gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy. …

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

Growth that reduces poverty is often considered pro-poor regardless of whether the poor benefit from it more than the … non-poor. Such growth could simply be termed poverty-reducing growth. This paper argues that for growth to be pro-poor it … should disproportionally benefit the poor. The paper proposes an operational definition of pro-poor growth that restricts it …

Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio …-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are …-2011), we identify the causal effect of intergenerational mobility on household expenditure's future growth. We find that …