An extensive literature on poverty traps suggests that high levels of poverty deter growth. However, a seemingly basic implication of the underlying theoretical models, namely that countries suffering from higher levels of poverty should grow less rapidly, has remained untested. A parallel...

This paper argues that inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. Similarly, high levels of income inequality may be due to a variety of different...

An extensive literature on poverty traps suggests that high levels of poverty deter growth. However, a seemingly basic implication of the underlying theoretical models, namely that countries suffering from higher levels of poverty should grow less rapidly, has remained untested. A parallel...

This paper argues that inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. Similarly, high levels of income inequality may be due to a variety of different...

In this paper, we investigate the path to the green transition in Europe. In so doing, we implement an empirical model of dynamic panel data on a sample of sixteen Western European countries over the period 1980 to 2019. The model is consistent with various features of neoclassical growth theory...

More than 90% of people suffering from Malaria live in Sub-Saharan Africa (SSA). We construct, for the first time, a Malaria Policy Index (MaPI) for 44 SSA countries to quantify and compare each country’s antimalarial policy actions between 1990 and 2017. The MaPI compiles information on...

Using Integrated Public Use Microdata Series-United States micro-census data from 1960 to 2010, this paper examines whether racial and gender income disparities beget inequality by differentially impacting the growth prospects of the poor, the middle class, and the rich. Racial and gender...