Showing 1 - 10 of 250,751
inequality from net inequality and allows us to calculate redistributive transfers for a large number of country …-year observations. Our main findings are: 1. More unequal societies tend to redistribute more. 2. Lower net inequality is robustly … correlated with faster and more durable growth, for a given level of redistribution. 3. Redistribution appears generally benign …
Persistent link: https://www.econbiz.de/10014144640
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 not hamper growth. This comment demonstrates that the redistribution and …
Persistent link: https://www.econbiz.de/10012299793
inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital … speaking reflecting inequality) has somewhat interesting effects along the transitional path towards balanced growth. Hereby …
Persistent link: https://www.econbiz.de/10014461501
decomposition of poverty and inequality in 2000–2018 using official national household surveys. We find the growth since 2012 …, unlike before, was consistently pro-poor. Moreover, growth and redistribution aligned after 2012 to reduce poverty, whereas … often before 2015 they offset each other's effects. Inequality improved, as the proportions of households with both heads …
Persistent link: https://www.econbiz.de/10013431480
inequality and economic growth, implying the conclusion that inequality reducing policies will foster economic growth. The … likely to suffer from a severe weak instrument problem in the inequality-growth setting because lagged differences of … inequality have practically no explanatory power for current inequality levels. Thus, it is biased in the direction of OLS and …
Persistent link: https://www.econbiz.de/10011627022
addition to the inequality-growth relationship, we examine the direct influence of effective redistribution. When net … inequality is held constant, public redistribution negatively affects economic growth. Redistribution hampers investment and … net inequality, the overall impact of redistribution is insignificant. Whereas this result stems mainly from advanced …
Persistent link: https://www.econbiz.de/10011310397
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 … the short run. To estimate the impact of redistribution to low-income earners, we introduce a new measure, the so …
Persistent link: https://www.econbiz.de/10014552531
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 … the short run. To estimate the impact of redistribution to low-income earners, we introduce a new measure, the so …
Persistent link: https://www.econbiz.de/10014483700
the best available estimates of both pre- and post-redistribution inequality for the largest set of countries and periods …This paper re-examines the determinants and consequences of redistribution in light of improved data and methods … relative to earlier literature. In particular, we use the latest version of the UNU-WIDER' Income Inequality Database to have …
Persistent link: https://www.econbiz.de/10011568157
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10011349190