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The role of climate change on economic performance and output has been studied extensively in the empirical literature, however, its distributional effects have received little attention. This paper attempts to fill this gap by investigating whether climate shocks affect income inequality in a...
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In recent times, Africa has experienced remarkable economic growth; nonetheless, this advancement remains far from … this end, this study investigates the role of fiscal policy measures on inclusive growth using absolute and relative pro …-poor measures of growth. The study utilizes panel data from 48 African countries spanning the period 1996 to 2020 and employs the …
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Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …
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