Showing 31 - 40 of 58,445
This paper contributes to the debate over the relationship between inequality and inclusive growth by testing the … proposition of a kinked-non linear relationship between income inequality and economic growth in a country specific context. The …. An inverted ``U'' shaped relationship is demonstrated, showing that low levels of inequality exert a positive correlation …
Persistent link: https://www.econbiz.de/10010780742
This paper contributes to the debate over the relationship between inequality and growth by proposing that the … disparities in empirical studies derive from the fact that they have not accounted for the level of inequality as a factor that … inequality exert a positive correlation with economic growth while high levels have a negative one. Additionally, and more …
Persistent link: https://www.econbiz.de/10008839189
The academic interest around the well-known inequality-finance nexus has recently been the subject of a renewed … attention. A recent, yet flourishing literature started pointing inequality as a possible cause credit bubbles, leading to …-way relationship between inequality and finance, by focusing on a causality chain made of three main links: inequality, credit, and …
Persistent link: https://www.econbiz.de/10011106022
Using a constructed data series and another data series based on AMPS (the All Media and Products Survey), this paper explores trends in poverty and income distribution over the post-transition period. To steer clear of an unduly optimistic conclusion, assumptions are chosen that would tend to...
Persistent link: https://www.econbiz.de/10005523219
We examine the interplay between changes in the functional distribution of income and the distribution of market income among households. We use micro data from the German Socio-Economic Panel as well as macro data from the German Federal Statistical Office from 2002 to 2008. We categorize and...
Persistent link: https://www.econbiz.de/10010564002
We examine the interplay between changes in the functional distribution of income and the distribution of market income among households. We use micro data from the German Socio-Economic Panel as well as macro data from the German Federal Statistical Office from 2002 to 2008. We categorize and...
Persistent link: https://www.econbiz.de/10010762078
The effect of financial crises on innovation is an unsettled and important question for economic growth, but one difficult to answer with modern data. Using a differences-in-differences design surrounding the Great Depression, we document that local distress caused by the Depression led to a...
Persistent link: https://www.econbiz.de/10012838012
This paper considers the impact of New Deal programs on the economy of the American South. Through investments in infrastructure (roads and electric power), environmental improvements (reforestation and soil conservation), and advances in public health (sanitation facilities and disease...
Persistent link: https://www.econbiz.de/10010878016
The hypothesis is that Pareto and Kaldor-Hicks Efficiency have an aspect of sustainability in relation to inequality …. The analysis finds efficient situations reached increasing inequality as diminishing in the long term effective demand in …
Persistent link: https://www.econbiz.de/10008540106
We study the effects on inequality of a "Piketty transition" to zero growth. In a model with a worker …-capitalist dichotomy, we show first that the relationship between inequality (measured as a ratio of incomes for the two types) and growth … is complicated; zero growth can raise or lower inequality, depending on parameters. Extending our model to include …
Persistent link: https://www.econbiz.de/10011093782