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Growth, Inequality, and Social Welfare : Cross-Country Evidence

Dollar, David - 2017

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/10012973293

Inequality and Economic Growth : The Role of Initial Income

Brückner, Markus - 2018

-income countries, inequality has a significant negative effect on transitional growth. For the median country in the world that in 2015 …

Persistent link: https://www.econbiz.de/10012917240

Shared Prosperity : Links to Growth, Inequality and Inequality of Opportunity

Narayan, Ambar - 2017

uses a database assembled by the World Bank Group to investigate some basic characteristics of shared prosperity …

Persistent link: https://www.econbiz.de/10012973893

Global Inequality in a More Educated World

Ahmed, S. Amer - 2017

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/10012951506

The Measurement of Educational Inequality : Achievement and Opportunity

Ferreira, Francisco H. G. - 2017

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/10012975647

Equity, Welfare, and the Setting of Trade Policy in General Equilibrium

Francois, Joseph F.; Rojas-Romagosa, Hugo - 2005

We analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components and emphasizing Gini and Atkinson indexes. We embed these inequality adjusted social welfare functions in a...

Persistent link: https://www.econbiz.de/10014061963

Growth (But Not Only) is Good for the Poor : Some Cross-Country Evidence to Promote Growth and Shared Prosperity in Haiti

Antoine, Kassia - 2017

Many low-income countries, such as Haiti, have high ambitions and socioeconomic needs to achieve substantial income growth, especially for the poorest income quintiles. This situation raises the question of policy prioritization, which is often difficult to address, since reliable...

Persistent link: https://www.econbiz.de/10012962314

Unequal Opportunity, Unequal Growth

Marrero, Gustavo A. - 2017

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/10012967835

Growth, Urbanization, and Poverty Reduction in India

Datt, Gaurav - 2017

Longstanding development issues are revisited in the light of a newly-constructed data set of poverty measures for India spanning 60 years, including 20 years since reforms began in earnest in 1991. The study finds a downward trend in poverty measures since 1970, with an acceleration post-1991,...

Persistent link: https://www.econbiz.de/10012970005

Weak Instruments in Growth Regressions : Implications for Recent Cross-Country Evidence on Inequality and Growth

Kraay, Aart - 2017

This paper revisits four recent cross-country empirical studies on the effects of inequality on growth. All four studies report strongly significant negative effects, using the popular system generalized method of moments estimator that is frequently used in cross-country growth empirics. This...

Persistent link: https://www.econbiz.de/10012970632