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Global universal basic skills : current deficits and implications for world development

Gust, Sarah; Hanushek, Eric Alan; Woessmann, Ludger - 2022

How far is the world away from ensuring that every child obtains the basic skills needed to be internationally … competitive? And what would accomplishing this mean for world development? Based on the micro data of international and regional … skills for 159 countries that cover 98.1% of world population and 99.4% of world GDP. We find that at least two-thirds of the …

Persistent link: https://www.econbiz.de/10013418951

Inequality undermines democracy and growth

Thorvaldur Gylfason - Villa Mondragone International Economic Seminar <30., … - 2019 - Final version 21 January 2019

growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …

Persistent link: https://www.econbiz.de/10011966802

The college wealth divide : education and inequality in America, 1956-2016

Bartscher, Alina K.; Kuhn, Moritz; Schularick, Moritz - 2019

Using new long-run microdata, this paper studies wealth and income trends of college and noncollege households in the United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is considerably larger than the college income premium. Over...

Persistent link: https://www.econbiz.de/10012031017

Growth and inequality : evidence from transitional economies

Ivaschenko, Oleksiy - 2002

The transitional economies of Eastern Europe (EE) and the former Soviet Union (FSU) experienced a dramatic increase in income inequality in the 1990s. In this paper I investigate the causes of unprecedented changes in income distribution using a unique panel of inequality estimates for 24...

Persistent link: https://www.econbiz.de/10011410420

Structural reforms and income inequality : who benefits from market-oriented reforms?

Gründler, Klaus; Potrafke, Niklas; Wochner, Timo - 2020

We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest that market-oriented structural reforms were...

Persistent link: https://www.econbiz.de/10012154916

Can there be a wave-like association between economic growth and inequality? : theory and lessons for East Asia from the Middle East

Gangopadhyay, Partha; Bhattacharyay, Biswanath - 2012

High income growth in many countries in East Asia and the Middle East has been accompanied by increasing income 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...

Persistent link: https://www.econbiz.de/10009630652

Spatial inequality and development : is there an inverted-U relationship?

Lessmann, Christian - 2011 - This version: October 2011

This paper studies the hypothesis of an inverted-U-shaped relationship between spatial inequality and economic development. The theory of Kuznets (1955) and Williamson (1965) suggests that (spatial) inequality first increases in the process of development, then peaks, and then decreases. To test...

Persistent link: https://www.econbiz.de/10009355133

Income inequality, capitalism and ethno-linguistic fractionalization

Sturm, Jan-Egbert; Haan, Jakob de - 2015 - Version 24 December 2014

We examine the relationship between capitalism and income inequality for a large sample of countries using an adjusted economic freedom index as proxy for capitalism and Gini coefficients based on gross-income as proxy for income inequality. Our results suggest that there is no robust...

Persistent link: https://www.econbiz.de/10010474859

Finance and income inequality : a review and new evidence

Haan, Jakob de; Sturm, Jan-Egbert - 2016

Using a panel fixed effects model for a sample of 121 countries covering 1975-2005, we examine how financial development, financial liberalization and banking crises are related to income inequality. In contrast with most previous work, our results suggest that all finance variables increase...

Persistent link: https://www.econbiz.de/10011536253

Does gender equality translate into economic equality? : evidence from about 150 nations

Nelson, Michael A.; Goel, Rajeev K. - 2021

This paper adds to our understanding of the causes of income inequality across nations by examining the influence of different aspects of gender equality or female empowerment. Whereas the economics of income inequality has been an area of active academic inquiry, the role of gender equality has...

Persistent link: https://www.econbiz.de/10012486672