Potential Effects of Income Redistribution on Economic Growth: Latin American Cases PDF Download
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Author: William R. Cline
Publisher: New York : Praeger Publishers, c1972, 1974 printing.
ISBN:
Category : Business & Economics
Languages : en
Pages : 272
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Author: William R. Cline
Publisher: New York : Praeger Publishers, c1972, 1974 printing.
ISBN:
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
Author: William R. Cline
Publisher:
ISBN:
Category :
Languages : en
Pages : 97
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Author: Dennis Leslie Chinn
Publisher:
ISBN:
Category :
Languages : en
Pages : 276
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Author: Dan Cheifetz
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: William R. Cline
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 194
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Book Description
Author: Mr.Jonathan David Ostry
Publisher: International Monetary Fund
ISBN: 1484352076
Category : Business & Economics
Languages : en
Pages : 30
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Book Description
The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.
Author: Mr.Shekhar Aiyar
Publisher: International Monetary Fund
ISBN: 1484396987
Category : Business & Economics
Languages : en
Pages : 23
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We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects—for example by hindering human capital accumulation— thereby retarding future growth disproportionately. We use several recently developed internationally comparable measures of intergenerational mobility to confirm that the negative impact of income inequality on growth is higher the lower is intergenerational mobility. Our results suggest that omitting intergenerational mobility leads to misspecification, shedding light on why the empirical literature on income inequality and growth has been so inconclusive.
Author: Mehmet Kaytaz
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Theo S. Eicher
Publisher: MIT Press
ISBN: 0262050692
Category : Economic development
Languages : en
Pages : 343
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Book Description
Essays exploring the relationship between economic growth and inequality and the implications for policy makers.
Author:
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 150
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