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effect on these economies. The paper estimates the impact of remittances on output stability for countries that are dependent … find robust evidence that remittances have a negative effect on output growth volatility of recipient countries. This … result supports the notion that remittance flows are a stabilizing influence on output. Thus, the fall in remittances …
Persistent link: https://www.econbiz.de/10004999978
undeniable that remittances have poverty-alleviating and consumption-smoothing effects on recipient households, a key empirical …Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to … is both correlated with remittances and would only be expected to affect growth through its effect on remittances. The …
Persistent link: https://www.econbiz.de/10008528660
outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia …
Persistent link: https://www.econbiz.de/10011242249
dynamic measure permits us to focus on inequality as well as distinguish between countries where per capita income growth was …
Persistent link: https://www.econbiz.de/10011242387
This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China …. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export …-led growth model. Between Chinese households, we find that the most important factors explaining income inequality are location …
Persistent link: https://www.econbiz.de/10010790266
We document the evolution of poverty and inequality across Indian states during the recent period of rapid growth (2004 …-09), and examine the role of growth and distribution in reducing poverty. Robust economic growth has been a major driver of … poverty reduction and inclusiveness in India. We explore the role of economic policies and macrofinancial conditions in …
Persistent link: https://www.econbiz.de/10010790381
Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population …
Persistent link: https://www.econbiz.de/10011083803
The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...
Persistent link: https://www.econbiz.de/10005788942
This paper studies the impact of income inequality on fiscal conservatism when an increase in inequality affects the …, inequality will then be associated with less, rather than more, redistributive taxation. Furthermore, if the poor are liquidity … constrained then the positive association between inequality and fiscal conservatism will increase the persistence in the dynamics …
Persistent link: https://www.econbiz.de/10005136638
rise in income inequality. Poverty has increased sharply with an estimated 18.5% of the population on incomes below the …
Persistent link: https://www.econbiz.de/10005498039