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Persistent link: https://www.econbiz.de/10005061263
This paper examines the impact of international financial integration on macroeconomic volatility in a large group of industrial and developing economies over the period 1960-99. We report two major results: First, while the volatility of output growth has, on average, declined in the 1990s...
Persistent link: https://www.econbiz.de/10005263967
Persistent link: https://www.econbiz.de/10009267163
This paper discusses the underpinnings of the financial crisis of the last decade. It explores the endogenous reasons of this crisis, and in particular a possible link between delayed and unequal growth of household incomes in post-transition countries on one hand and the instability of their...
Persistent link: https://www.econbiz.de/10009683317
Persistent link: https://www.econbiz.de/10010361784
A sharp rise of income inequality in the transition countries has caused a wide-ranging discussion about the factors … affecting inequality. The present paper investigates a number of factors that influence income inequality in the transition … have either mainly focussed on single factors of inequality or have used regression analysis involving but a few factors …
Persistent link: https://www.econbiz.de/10014077979
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The EFF collects detailed information on household assets, debts, income, consumption, and demographic variables. One important characteristic of this survey is that it oversamples high-wealth households. Another important characteristic of the EFF is that the second wave has a full panel...
Persistent link: https://www.econbiz.de/10012529539
, even though inequality aversion is not modelled in the HDI. A problematic feature of strategies that maximize the HDI is …
Persistent link: https://www.econbiz.de/10005458707
Since Collier and Hoeffler (1998, 2004), it has been supported that inequality, measured at national level, does not … framework, the purpose of the paper is to explore the role of inequality in localized conflicts. We argue that previous findings … that income inequality measured at municipal level was significant in motivating people to support the rebellion in South …
Persistent link: https://www.econbiz.de/10005464272