Showing 1 - 10 of 15
Inequality between world citizens in mid-19th century was such that at least a half of it could be explained by income … migration is probably the most powerful tool for reducing global poverty and inequality. …
Persistent link: https://www.econbiz.de/10009320560
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 reviews trends and patterns in developing countries'trade from 1980 to 2010. During the 30-year span, world trade expanded rapidly, especially in developing countries in the last decade. A similar picture emerges in trade in services. These overall trends, however, mask different...
Persistent link: https://www.econbiz.de/10010604330
Is there a"middle income trap"? Theory suggests that the determinants of growth at low and high income levels may be different. If countries struggle to transition from growth strategies that are effective at low income levels to growth strategies that are effective at high income levels, they...
Persistent link: https://www.econbiz.de/10010961423
The paper presents an overview of calculations of global inequality, recently and over the long-run as well as main … decline in global inequality between world citizens since the Industrial Revolution. The decline however can be sustained only …
Persistent link: https://www.econbiz.de/10010829448
This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, component representing measurement error or transitory income shocks and an...
Persistent link: https://www.econbiz.de/10010829524
This paper utilizes a cross-country panel of 83 developing countries to examine how changes in cohort size are correlated with subsequent employment outcomes for workers at different ages. The results depend on countries'level of development. In low-income countries, young adults that are born...
Persistent link: https://www.econbiz.de/10010829619
By all accounts, income inequality in Egypt is low and had been declining during the decade that preceded the 2011 … with a low level of income inequality. Moreover, while income inequality shows a decline between 2000 and 2009, the World … Values Surveys indicate that the aversion to inequality has significantly increased during the same period and for all social …
Persistent link: https://www.econbiz.de/10010829798
In recent years, the term"middle-income trap"has entered common parlance in the development policy community. The term itself often has not been precisely defined in the incipient literature. This paper discusses in more detail definitional issues on the so-called middle-income trap. The paper...
Persistent link: https://www.econbiz.de/10010829846
Suppose that all people in the world are allocated only two characteristics: country where they live and income class within that country. Assume further that there is no migration. This paper shows that 90 percent of variability in people's global income position (percentile in world income...
Persistent link: https://www.econbiz.de/10005129015