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(if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty … poverty solely and not with inequality is internally inconsistent. …This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed …
Persistent link: https://www.econbiz.de/10005076936
We are used to thinking about inequality within countries--about rich Americans versus poor Americans, for instance …. But what about inequality between all citizens of the world? <i>Worlds Apart</i> addresses just how to measure global … inequality among individuals, and shows that inequality is shaped by complex forces often working in different directions. Branko …
Persistent link: https://www.econbiz.de/10005453790
(if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty … poverty solely and not with inequality is internally inconsistent. …This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed …
Persistent link: https://www.econbiz.de/10005561548
appears to have caused a high degree of economic inequality, and democratization in the form of franchise expansion has … between other measures of democracy, based on civil liberties and political rights, and inequality. The transition experience …
Persistent link: https://www.econbiz.de/10010314955
While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. On the other hand, in societies where …
Persistent link: https://www.econbiz.de/10010315083
-2005, examines correlates of unprecedented increases in inequality registered by most of these economies. We find that, after … infrastructure reform (mostly consisting of privatization and higher fees) are responsible for this pro-inequality effect while small … evidence that higher government spending as share of GDI reduces inequality. …
Persistent link: https://www.econbiz.de/10010280191
Some economists have argued that the process of disintegration of the world economy between the two World Wars led to income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence. The paper shows that the view that the period...
Persistent link: https://www.econbiz.de/10005076560
The median voter hypothesis is important to endogenous growth theories because it provides the political mechanisms through which voters in more unequal countries re-distribute a greater proportion of income and thus (it is argued), by blunting incentives, reduce the country's growth rate. But...
Persistent link: https://www.econbiz.de/10005079521
Thepaper studies regional (spatial) inequality in the five most populous countries in the world: China, India, the … entities with substantial economic autonomy. Two types of regional inequalities are considered: Concept 1 inequality, which is … inequality between mean incomes (GDP per capita) of states/provinces, and Concept 2 inequality, which is inequality between …
Persistent link: https://www.econbiz.de/10005079623
percent of the population lived in poverty in 1989. By 1991, that figure reached 34 percent. The poverty rate more than …, were especially affected. The poverty gap rose from an estimated 1.4 percent of GDP to 4.8 pecent. Existing evidence on …
Persistent link: https://www.econbiz.de/10005079741