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Some middle-income economies, many of which Latin American, have not achieved to make the transition into high-income status for long years and are allegedly trapped in middle-income status. While there is considerable consensus on the proximate causes of this phenomenon, we present a global...
Persistent link: https://www.econbiz.de/10011957945
quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor … path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical …
Persistent link: https://www.econbiz.de/10010230511
Persistent link: https://www.econbiz.de/10014529771
The labor market effects of remittances have long been examined in the empirical literature. To date, the results have been mixed: some authors observe a negative association between remittances and unemployment while others report that remittances increase unemployment. This paper empirically...
Persistent link: https://www.econbiz.de/10013065949
This paper presents an extension of Lucas' model of endogenous growth with human capital, showing some linkages with financial intermediation. The model offered in this paper does not imply a univocal relationship between the rates of inflation and economic growth, but it bears an explicit...
Persistent link: https://www.econbiz.de/10012775109
Foreign price shocks have significant effects on functional income distribution and on inflation inequality. By … with an inflation-targeting regime. We investigate the impacts of foreign price shocks on income and inflation inequality … shock increases the profit share and the within-workers inequality (in real terms), since low-wage workers are more affected …
Persistent link: https://www.econbiz.de/10013553408
inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary … inequality-growth transmission channel they propose, must therefore be assessed as overly simplistic and inadequate with respect …
Persistent link: https://www.econbiz.de/10010486797
If redistribution is distortionary, and if the income of skilled workers is due to knowledgeintensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights (IPRs)...
Persistent link: https://www.econbiz.de/10011415064
. Thereby, distributional e¤ects shall be differentiated by four subconcepts, i.e. 1.) the traditional concept of inequality, 2 … poverty and richness. The concept of inequality and the concept of income poverty are the by far most widely applied concepts …
Persistent link: https://www.econbiz.de/10011416562
Wage inequality in Portugal has increased over the last thirty years, with two distinct periods. The period from 1984 … to the mid-90s witnessed strong increases in both upper- and lower-tail inequality. A shortage of skills combined with … skill-biased technological changes were at the core of this evolution. Since the mid-90s, lower-tail inequality has …
Persistent link: https://www.econbiz.de/10010533127