Download or read book The Role of Income Distribution and Demand Composition in Economic Development written by Anandi Mani and published by . This book was released on 1998 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Demand Composition and Income Distribution written by David Pothier and published by International Monetary Fund. This book was released on 2014-12-15 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper highlights how changes in the composition of demand affect income dispersion in the short run. We first document how the share of aggregate spending dedicated to labour-intensive goods and services shrinks (expands) during downturns (booms), and argue that this contributes to the observed pro-cyclicality of employment and output in labour-intensive industries. Using a two-sector general equilibrium model, we then assess how this demand composition channel influences the cyclical properties of the income distribution. Consistent with empirical evidence, we find income inequality to be countercyclical due to changes in the level of employment and (to a lesser extent) relative factor prices. The model also shows that wealth redistribution policies can potentially involve a trade-off between equality and output, depending on how they affect the composition of aggregate demand.
Download or read book The Relation Between Final Demand and Income Distribution written by C. Grootaert and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Economics of Income Distribution written by Friedrich L. Sell and published by Edward Elgar Publishing. This book was released on 2015-06-29 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the increased interest in the role of inequality in modern economies, this timely and original book explores income distribution as an equilibrium phenomenon. Though globalization tends to destroy earlier equilibria within industrialized and devel
Download or read book Links Between Growth Inequality and Poverty A Survey written by Ms. Valerie Cerra and published by International Monetary Fund. This book was released on 2021-03-12 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.
Download or read book Population Growth Income Distribution and Economic Development written by Nico Heerink and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, a model of long-term interrelationships between income distribution, population growth and economic development is developed and estimated from data for 54 countries. The results indicate that a reduction of income inequality leads to lower fertility and mortality, to improvedbasic needs satisfaction, and to lower labour force participation of young and old males and of females in Asia and Africa. The effect of income distribution on saving and consumption is found to be negligible. These outcomes suggest that family planning and health policies in LDCs will show better results when they are supplemented with policies aimed at makingthe poor benefit from economic growth. As regards development policy, the results indicate that a reduction of income inequality does not impair the formation of physical capital, but enhances the formation of human capital and lowers the growth rate of the labour force.
Download or read book Income Distribution Growth and Unemployment written by Ferri, Piero and published by Edward Elgar Publishing. This book was released on 2022-03-15 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Piero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.
Download or read book Economic Development the Family and Income Distribution written by Simon Kuznets and published by Cambridge University Press. This book was released on 2002-09-12 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a collection of essays by Simon Kuznets, winner of the 1971 Nobel Memorial Prize in Economic Sciences, published posthumously. It represents the primary concerns of his research at a late phase of his career, as well as themes from his earlier work. The first four chapters deal with 'modern economic growth'. Chapters five to seven introduce the main theme of the remainder of the volume: interrelations between demographic change and income inequality. Chapters eight to ten draw on a wider set of data to make comparisons of income inequality among societies at widely different levels of development. Chapter eleven returns to data for the United States to develop more fully the importance of differing childbearing patterns for income inequality. In the introduction Professor Richard Easterlin discusses the relationship of the essays to the balance of Kuznets's writings. In the afterword Professor Robert Fogel discusses the methodologies favoured by Kuznets.
Download or read book Income Distribution and High quality Growth written by Vito Tanzi and published by MIT Press. This book was released on 1998 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors argue that there need not be a trade-off between growth and equity in the long run. However, attempts by government to influence income distribution through large-scale tax and transfer programs can have a negative impact on growth. The contrast is vivid. While the majority of people in the industrial world and some in the developing world enjoy unprecedented affluence, a far greater number of people in the low-income countries live in abject poverty. Although several developing countries are achieving rapid economic growth and poverty reduction, most formerly centrally planned countries are struggling to implement market-oriented reforms in the midst of economic deterioration and rising poverty. The paramount importance of reducing poverty worldwide is forcing economists and policymakers to look at how income distribution and economic growth interact. The essays in this volume grew out of a 1995 conference sponsored by the International Monetary Fund. The contributors are scholars and policymakers from academic institutions, governments, and international organizations. The questions discussed include: How does income distribution interact with economic growth in the short run and the long run? To what extent can government use transfer programs to increase the incomes of the poor? How can government use social programs to help the poor increase their income-earning capacity? Does distributional inequality create an obstacle to long-term poverty reduction? Alternatively, is distributional inequality a necessary means of achieving economic growth? Generally, the contributors agree that there need not be a trade-off between growth and equity in the long run. However, attempts by government to influence income distribution through large-scale tax and transfer programs can have a negative impact on growth.
Download or read book Income Distribution in Less Developed Countries written by R. M. Sundrum and published by Routledge. This book was released on 2003-08-29 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a major book in a key area of development economics. It gives a comprehensive survey of the link between income distribution and the growth of national income, bringing out major patterns and trends, and concluding that there is still considerable scope for growth with equity in LDCs.
Download or read book Income Distribution and Development written by Arne Bigsten and published by Heinemann Educational Publishers. This book was released on 1983 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of Technology Organisation and Demand in Growth and Income Distribution written by and published by . This book was released on 2012 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper proposes a model that explains cross-country growth divergences over time for different aspects of structural change. The model formalises the links between production technology, firm organisation (functional composition of employment) on the supply side and the endogenous evolution of income distribution and consumption patterns on the demand side. Wage distribution is the main channel between the organisation of firms and consumption patterns, and firm selection is the main trigger of investment in new capital, productivity gains and cumulative growth. The model is able to reproduce empirical stylised facts on growth and income inequality associated with different stages of growth. We use VARs to estimate the causal relations between the three aspects of structural change. We then analyse the effect of the parameters that define the structure of an economy - and the way in which this unfolds through time - on growth and income distribution via numerical simulation. Product variety, differences in consumption preferences, organisational complexity and production technology determine whether the economy experiences a take-off or a stagnating growth, and the associated distribution of income. -- Structural change ; growth ; income distribution ; consumption ; technological change
Download or read book Income Distribution Structure of Economy and Employment written by Felix Paukert and published by Taylor & Francis. This book was released on 1981 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.
Download or read book Income Distribution and Economic Development written by Jacques Lecaillon and published by . This book was released on 1984 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research into the relationship between income distribution, economic development and employment in developing countries - examines factors of income inequality based on social status, regional disparity, etc.; makes a comparison of the impact of public expenditure on family budgets in developing and developed countries and examines economic implications of income redistribution, etc.
Download or read book Redistribution with Growth written by Hollis Burnley Chenery and published by Oxford University Press, USA. This book was released on 1974 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Income Distribution and the Composition of Final Demand written by Wayne R. Thirsk and published by . This book was released on 1977 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
