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This paper uses recently published top 1% income share series in studying the inequality-development association. The … opportunity to study slow development processes. The empirical inequality-development studies have started to call into question … spline methods. The association between top 1% share and development is found to experience a reversal at later stages of …
Persistent link: https://www.econbiz.de/10011418559
quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor … path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical …
Persistent link: https://www.econbiz.de/10010328942
In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality …
Persistent link: https://www.econbiz.de/10010334229
development. In the past half-century, these countries raised agricultural productivity faster than population growth and … displayed sufficient state capability to direct change towards a respectable level of industrial development. In this period …: agriculture, industry, foreign trade and investment, and social development. By using a more socially grounded analytical approach …
Persistent link: https://www.econbiz.de/10011943901
In many countries extreme poverty is unnecessary. Yet it persists. We propose a simple index, denoted the Miser index, to measure the extent to which societies have poverty in the midst of affluence. It builds on the generalized Lorenz curve, but can also be seen as a measure of polarization...
Persistent link: https://www.econbiz.de/10010275899
development until countries reach upper-middle income, and only thereafter falls. This note quantifies the shape of the mobility …
Persistent link: https://www.econbiz.de/10010468120
This paper provides an overview of the modern perspective on the relationship between inequality and economic … development. …
Persistent link: https://www.econbiz.de/10010284042
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … declare low and high levels of happiness. Rising income inequality moderates the fall in happiness inequality, and may even … the happiness of all, it will at least harmonize the happiness of all, providing that income inequality does not grow too …
Persistent link: https://www.econbiz.de/10010287229
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced … declare low and high levels of happiness. Rising income inequality moderates the fall in happiness inequality, and may even … the happiness of all, it will at least harmonize the happiness of all, providing that income inequality does not grow too …
Persistent link: https://www.econbiz.de/10010287588
, market development, labour absorption, and the Kuznets inverted-U path of inequality. The second is the economic transition …In this paper we describe the major trends in China's income inequality over the past 40 years and explain them as the … outcome of four interleaved stories. The first story is a standard development story characterized by structural change …
Persistent link: https://www.econbiz.de/10012146470