Showing 1 - 10 of 97,606
lower distortionary effects on growth and employment. These arguments have often been cited to support policy …
Persistent link: https://www.econbiz.de/10012008424
distribution and growth, as well as the relevant empirical evidence. The first model integrates the political-economy and imperfect … capital markets theories. It allows for departures from perfect democracy and embodies the trade-off between the growth costs … savings incentives and ameliorate the wealth constraints that impede investment by the poor. The second model is a growth …
Persistent link: https://www.econbiz.de/10005123982
for missing credit and insurance markets. The resulting tradeoffs for growth and efficiency are explored, both … to higher income growth than taxes and transfers, but at the cost of lower insurance. Overall efficiency is assessed …
Persistent link: https://www.econbiz.de/10005124288
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 … growth since 1980 than when keeping top groups fixed. For earlier historical periods, our analysis shows that choice of …
Persistent link: https://www.econbiz.de/10011939792
The present paper attempts to demonstrate that finding an appropriate trade-off between direct and indirect taxes can help smooth policy makers’ way through reconciling the contradictory notions of equity and efficiency. Our theoretical and empirical analysis is based on the assumption that...
Persistent link: https://www.econbiz.de/10013502263
This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended … rate on the equilibrium growth rate as well as on the income distribution. We show that the relationship between growth and …
Persistent link: https://www.econbiz.de/10010928630
This paper investigates the relationship between growth and inequality from a demographicpoint of view. In an extended … on the equilibrium growth rateas well as on the income distribution. We show that the relationship between growth …
Persistent link: https://www.econbiz.de/10005670761
Abstract This paper investigates the relationship between growth and inequality froma demographic point of view. In an … rate onthe equilibrium growth rate as well as on the income distribution. We show that therelationship between growth and …
Persistent link: https://www.econbiz.de/10005510524
lower distortionary effects on growth and employment. These arguments have often been cited to support policy …
Persistent link: https://www.econbiz.de/10012389706
The paper first summarizes the theoretical and empirical literature on the growth and inequality impact of the … liberalization of trade, FDI, portfolio flows, and migration. It then compares the inequality and growth performance of Latin America … paper argues that the latter recorded growth rates of GDP slightly higher than those of Latin America, but that they …
Persistent link: https://www.econbiz.de/10009643425