Showing 1 - 10 of 1,058
uses a database assembled by the World Bank Group to investigate some basic characteristics of shared prosperity …
Persistent link: https://www.econbiz.de/10012560758
Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, most of the...
Persistent link: https://www.econbiz.de/10012572838
Global income inequality captures income differences among all individuals around the world. Global inequality around … the world increased from 1820 to 1990 as incomes in richer countries grew faster than incomes in relatively poorer … world decreased as populous and relatively poorer countries, in particular China, reduced the income gap with richer parts …
Persistent link: https://www.econbiz.de/10015372456
Recent empirical studies question conventional wisdom about the importance of education to growth. These results partly … reflect how international differences in the quality of education systems--defined by the systems' ability to produce one … data in which the elasticity of human capital depends stochastically on different characteristics of the education system …
Persistent link: https://www.econbiz.de/10012573007
This paper proposes two related measures of educational inequality: one for educational achievement and another for educational opportunity. The former is the simple variance (or standard deviation) of test scores. Its selection is informed by consideration of two measurement issues that have...
Persistent link: https://www.econbiz.de/10012551372
In developing countries, younger and better-educated cohorts are entering the workforce. This developing world …-led education wave is altering the skill composition of the global labor supply, and impacting income distribution, at the national … and global levels. This paper analyzes how this education wave reshapes global inequality over the long run using a …
Persistent link: https://www.econbiz.de/10012569923
This paper argues that inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. Similarly, high levels of income inequality may be due to a variety of different...
Persistent link: https://www.econbiz.de/10012570770
Just as equality of opportunity becomes an increasingly prominent concept in normative economics, the authors argue that it is also a relevant concept for positive models of the links between distribution and aggregate efficiency. Persuasive microeconomic evidence suggests that inequalities in...
Persistent link: https://www.econbiz.de/10012553642
estimate the growth effects of expenditure and education inequality while controlling for other factors, such as initial levels … capita expenditure growth in rural Uganda is affected positively by the level of education as well as by the degree of … education inequality. Expenditure inequality does not have a significant impact on growth. …
Persistent link: https://www.econbiz.de/10012554061
China has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a … working class. There have also been increases in inequality of health and education outcomes. Some rise in inequality was … system that has relied on local government to fund basic health and education. The result has been that poor villages could …
Persistent link: https://www.econbiz.de/10012552703