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and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect …A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in …
Persistent link: https://www.econbiz.de/10013061938
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … leads to wealth inequalities. However, the intra-household processes appear to be efficient in terms of welfare, as … spouses' estimated indirect utility. Our results shed light on the spouses' wealth shares and the sharing rule guiding the …
Persistent link: https://www.econbiz.de/10012912744
Closely following recent innovations in the literature on the multidimensional measurement of poverty, this paper … considered as rich in a multidimensional setting. We use this framework to analyze the role of wealth, health and education, in … driven by health and to a lesser extent by wealth …
Persistent link: https://www.econbiz.de/10013146473
particular interest to economists, namely income and wealth and (b) to discuss issues in relation to their use, in particular … with respect to missing data. We describe how the income and wealth data were collected. We assess the quality of the … the relationship between income/wealth and life satisfaction, another variable captured in TILDA. We find that income and …
Persistent link: https://www.econbiz.de/10013081818
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of …
Persistent link: https://www.econbiz.de/10013016356
We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross … than those of lower poverty, lower inequality, or higher GDP per capita …
Persistent link: https://www.econbiz.de/10013108216
traditional notion of income mobility as well as for mobility around extreme and moderate poverty lines. The estimates suggest … determinants of changes in poverty incidence within cohorts revealed statistically significant roles for age, gender and education … poverty …
Persistent link: https://www.econbiz.de/10013130794
trade and poverty maps for almost 2,000 Mexican municipalities between 2004 and 2014, the study presented in this paper … provides new evidence on the impact of a significant rise in exports on poverty and inequality at the local level. The analysis …), but no significant effects on poverty reduction or average household incomes are identified. The lack of impacts on …
Persistent link: https://www.econbiz.de/10012825006
attainment independently predict household wealth in the Health and Retirement Study (HRS). This relationship is partly explained … gradient in wealth. We show that individuals with lower genetic scores are more prone to reporting "extreme beliefs" (e … wealth disparities not only through education and higher earnings, but also through their impact on the ability to process …
Persistent link: https://www.econbiz.de/10012962275
What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical … right-shifted skill, income, and wealth distribution. Higher top incomes and top wealth in equal division areas coincide …
Persistent link: https://www.econbiz.de/10012823850