Showing 1 - 10 of 464
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 impact of finance on inequality and about the relevant mechanisms. Although …
Persistent link: https://www.econbiz.de/10004979100
inequality, with the region's Gini coefficient falling from 55.6 to 51.8. Previous studies have warned about the sustainability … of such a decline, and this paper presents evidence of stagnation in the pace of reduction of income inequality in Latin … America since 2010. This phenomenon of stagnation is robust to different measures of inequality and is largely attributable to …
Persistent link: https://www.econbiz.de/10011106304
This paper advances research on inequality with unique, new data on income distribution in 61 countries, including 20 …
Persistent link: https://www.econbiz.de/10011094575
This paper assesses the link between democracy and inequality. Inequality is measured at the cohort level with pseudo …-run historical patterns in the degree of democracy relate to income inequality. However, this relationship is non …-monotonic: inequality ?rst increases with the stock of democracy before falling. The paper also presents evidence that education may be a …
Persistent link: https://www.econbiz.de/10011115342
This paper assesses inequality of opportunity in educational achievement using the Human Opportunity Index methodology … inequality in most of the countries in the sample. Consistent with what has been documented previously in the literature, the … paper also finds a strong and stable correlation between inequality of opportunity and public spending on school education …
Persistent link: https://www.econbiz.de/10011115343
This paper uses cross-section data for 107 countries to explore the relationship between gender inequality and economic … growth. The paper departs from the literature by using a broad measure of gender inequality that goes well beyond gender … inequality in education, which has been the focus of most studies. Another novelty of the paper lies in exploring heterogeneity …
Persistent link: https://www.econbiz.de/10011124464
their lives. This disconnect is partly explained by increased inequality in the region, an increasing sense of unfairness in …
Persistent link: https://www.econbiz.de/10011124468
This paper uses a three-step Bayesian cross-entropy estimation approach in an environment of noisy and scarce data to estimate behavioral parameters for a computable general equilibrium model. The estimation also measures how labor-augmenting productivity and other structural parameters in the...
Persistent link: https://www.econbiz.de/10011124469
The economic debate on existence and definition of the middle class has become particularly lively in many developing countries. Despite this growing interest, the identification of the middle class group in these countries remains quite challenging. Building on a recently developed framework to...
Persistent link: https://www.econbiz.de/10011202210
and Public Policy -- provides a critical review of the economic literature on equality and inequality of opportunity. A …) new theory of social justice: the principles of compensation and reward. Ex-ante and ex-post versions of the compensation … principle are presented, and the tensions between them are discussed. Different approaches to the measurement of inequality of …
Persistent link: https://www.econbiz.de/10011206983