Showing 1 - 10 of 329
s. This contributed to the well-known increase in the top 1 percent's share of total income, exacerbating rising … the asymmetries in the association, tests for robustness to alternative income definitions, and discusses the potential …
Persistent link: https://www.econbiz.de/10012569664
This paper critically reviews the literature on finance and inequality, highlighting substantive gaps in the literature. Finance plays a crucial role in most theories of persistent inequality. Unsurprisingly, therefore, economic theory provides a rich set of predictions concerning both the...
Persistent link: https://www.econbiz.de/10012551893
opportunity and reviews recent empirical work on the relation between formal financial systems and poverty, income inequality, and …
Persistent link: https://www.econbiz.de/10012552257
financial development is pro-poor: Does financial development disproportionately raise the income of the poor? Using a broad … cross-country sample, the authors find that the answer is yes: Financial intermediary development reduces income inequality … by disproportionately boosting the income of the poor and therefore reduces poverty. This result is robust to controlling …
Persistent link: https://www.econbiz.de/10012559755
Toilet ownership in India has grown in recent years, but open defecation can persist even when rural households own latrines. There are at least two pathways through which social norms inhibit the use of toilets in rural India: (i) beliefs/expectations that others do not use toilets or latrines...
Persistent link: https://www.econbiz.de/10012568724
suboptimal policies and weak institutions, of special interest and elite capture, can be understood as the selection of a point … on the political demand curve by oligopolistic political competition. Further, it shows how elite capture is only one of …
Persistent link: https://www.econbiz.de/10012569758
This paper measures the economic impact of social pressure to share income with kin and neighbors in rural Kenyan … to test whether subjects reduce their income in order to keep it hidden. The analysis finds that women adopt an … women behave as though they expect to be pressured to share four percent of their observable income with others, and …
Persistent link: https://www.econbiz.de/10012554515
Labor market discrimination is very difficult to pinpoint, even more difficult to measure and almost impossible to “prove”. It has been studied in many disciplines of which economics and sociology are prime. The latter has focused more on the manner in which discrimination plays out and how...
Persistent link: https://www.econbiz.de/10012571524
Social norms affect almost every aspect of people’s lives, and can be an obstacle to or support economic development. This paper outlines what social norms are and how they work, providing examples from everyday life and from development case studies. Sometimes not much can be done about...
Persistent link: https://www.econbiz.de/10012571542
With only 32 percent of working-age women in the labor market, Guatemala is an upper-middle-income country with one of …
Persistent link: https://www.econbiz.de/10013255286