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inequality and widening gaps between rich and poor, and urban and rural. It is therefore it is important to examine the … interrelationships between inequality and economic growth. This paper develops a simple model to establish that the change in income …, inequality and growth bear a non-linear relationship: for low values of inequality, economic growth rate is an inverted U …
Persistent link: https://www.econbiz.de/10013099565
fairness principles, namely equality of opportunity and freedom from poverty, into a joint measure of unfair inequality. Two … inequality. Second, average unfair inequality doubles when complementing the ideal of an equal opportunity society with poverty … debate by proposing a new family of measures of unfair inequality. To do so, we acknowledge that inequality is not bad per se …
Persistent link: https://www.econbiz.de/10012912680
development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage … inequality and unemployment. In contrast, if there are many highproductive firms (those that export), financial development may … have opposite effects - especially if trade costs are low. In sum, the implications of financial development for inequality …
Persistent link: https://www.econbiz.de/10012996265
In recent decades the Indian subcontinent has displayed remarkable invariance in the incidence of working poverty … despite strong economic performance. It is widely held that education can rescue households from various types of poverty … though social deviance in acquiring education can throw subjects into abject poverty. In particular, the paper examines the …
Persistent link: https://www.econbiz.de/10013075953
(2012) find a positive effect of the reform on lone mothers’ labour supply and a small reduction in poverty. Is the best … result that policy makers could obtain in terms of poverty reduction? In this paper, I estimate a discrete choice model of … have minimized poverty among lone mothers …
Persistent link: https://www.econbiz.de/10013315723
Most equivalence scales which are applied in research on poverty and inequality do not depend on income, although there … differing assessments of poverty and inequality under quite general conditions. German microdata will be used to demonstrate and …
Persistent link: https://www.econbiz.de/10013011717
In this paper we test the AK model of growth with laboratory experiments. In each period, agents produce and trade output in a market, and allocate it to consumption and investment. The economy should experience a constant and positive rate of growth. We analyze two treatments differing from...
Persistent link: https://www.econbiz.de/10013109747
We examine whether individuals' experienced levels of income inequality affect their preferences for redistribution. We … use several large nationally representative datasets to show that people who have experienced higher inequality during … inequality and reduce their demand for redistribution …
Persistent link: https://www.econbiz.de/10012964374
income-based measure of status or applying conventional inequality measurement tools to a health variable that is non … status. The approach in this paper is based on measuring inequality conditional on an individual's position in the … examine self-assessed health inequality using the sample of world countries contained in the World Health Survey. We also …
Persistent link: https://www.econbiz.de/10012967396
employers. We also find that there is a positive, albeit quantitatively small, relationship between wage inequality and training … inequality in the UK. Motivated by the above, we explore whether policies to subsidise firms' monetary cost of training can … improve earnings for the lower skilled and reduce inequality. We achieve this by developing a dynamic general equilibrium …
Persistent link: https://www.econbiz.de/10012948253