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Lucas vs. Lucas

Lucas vs. Lucas »

Source: Lucas vs. Lucas : On Inequality and Growth

Volume/Issue: 2007/17

Series: IMF Working Papers

Author(s): Juan Carlos Cordoba , and Genevieve Verdier

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2007

ISBN: 9781451865813

Keywords: Welfare costs, inequality, social welfare, country inequality, welfare function, welfare measures, Distribution, General Aggregative Models, Consumption, Saving

Lucas (2004) asserts that "Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution... The potential for improving th...

The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa

The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa »

Source: The Disconcerting Pyramids of Poverty and Inequality of Sub-Saharan Africa

Volume/Issue: 2005/47

Series: IMF Working Papers

Author(s): Paulo Lopes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

ISBN: 9781451860665

Keywords: inequality, social expenditure, HIV/AIDS, life expectancy, infant mortality, hiv, General Welfare, Measurement and Analysis of Poverty,

Poverty and inequality in Sub-Saharan Africa (SSA) should not be ascertained only on the basis of scarce and unreliable income distribution statistics, but should also take into account social conditions. Recent, w...

Distributional Consequences of Fiscal Consolidation and the Role of Fiscal Policy

Distributional Consequences of Fiscal Consolidation and the Role of Fiscal Policy »

Source: Distributional Consequences of Fiscal Consolidation and the Role of Fiscal Policy : What Do the Data Say?

Volume/Issue: 2013/195

Series: IMF Working Papers

Author(s): Jaejoon Woo , Elva Bova , Tidiane Kinda , and Yuanyan Zhang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 September 2013

ISBN: 9781484390917

Keywords: Inequality, Gini Coefficient, Tax and Spending policy, gini, income distribution, world income inequality, dependent variable, General, Equity, Justice

The 2007-09 Great Recession has led to an unprecedented increase in public debt in many countries, triggering substantial fiscal adjustments. What are the distributional consequences of fiscal austerity measures? T...

Inclusive Growth

Inclusive Growth »

Source: Inclusive Growth : Measurement and Determinants

Volume/Issue: 2013/135

Series: IMF Working Papers

Author(s): Rahul Anand , Saurabh Mishra , and Shanaka Peiris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 May 2013

ISBN: 9781484323212

Keywords: pro-poor growth, distribution, equity, inequality, social mobility, pro-poor, distribution of income, welfare function, Justice, and Other Normative Criteria and Measurement

We estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions are cal...

Two-Sided Market, R&D and Payments System Evolution*

Two-Sided Market, R&D and Payments System Evolution* »

Source: Two-Sided Market, R&D and Payments System Evolution

Volume/Issue: 2019/57

Series: IMF Working Papers

Author(s): Bin Grace Li , James McAndrews , and Zhu Wang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 March 2019

ISBN: 9781484399620

Keywords: Income distribution, Consumer credit, Income inequality, Consumer goods, Payment systems, R&;D, Technology Adoption, Two-Sided Market, consumer welfare, payment card

It takes many years for more efficient electronic payments to be widely used, and the fees that merchants (consumers) pay for using those services are increasing (decreasing) over time. We address these puzzles by...

Universal Basic Income: Debate and Impact Assessment1

Universal Basic Income: Debate and Impact Assessment1 »

Source: Universal Basic Income: Debate and Impact Assessment

Volume/Issue: 2018/273

Series: IMF Working Papers

Author(s): Maura Francese , and Delphine Prady

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 December 2018

ISBN: 9781484388815

Keywords: Fiscal policy, Government expenditures and welfare programs, Universal Basic Income, Inequality, Distributional Impact, Fiscal Poicy, Equity, Justice, and Other Normative Criteria and Measurement

This paper discusses the definition and modelling of a universal basic income (UBI). After clarifying the debate about what a UBI is and presenting the arguments in favor and against, an analytical approach for its...

Welfare vs. Income Convergence and Environmental Externalities

Welfare vs. Income Convergence and Environmental Externalities »

Source: Welfare vs. Income Convergence and Environmental Externalities

Volume/Issue: 2017/271

Series: IMF Working Papers

Author(s): Geoffrey Bannister , and Alex Mourmouras

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 December 2017

ISBN: 9781484331514

Keywords: Environment, Income, Production, Welfare, convergence, externalities, Equity, Justice, Inequality, and Other Normative Criteria and Measurement

We present estimates of welfare by country for 2007 and 2014 using the methodology of Jones and Klenow (2016) which incorporates consumption, leisure, mortality and inequality, and we extend the methodology to incl...

Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry into the Role of Technology in Reducing the Poverty of Nations

Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry into the Role of Technology in Reducing the Poverty of Nations »

Source: Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry into the Role of Technology in Reducing the Poverty of Nations

Volume/Issue: 2007/16

Series: IMF Working Papers

Author(s): Gouranga Gopal Das

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2007

ISBN: 9781451865806

Keywords: Inequality, Spillover, Institution, Gini Coefficient, Skill Cohorts, Growth, tfp, economic growth, global trade, trade openness

Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmis...

What is Behind Latin America’s Declining Income Inequality?*

What is Behind Latin America’s Declining Income Inequality?* »

Source: What is Behind Latin America's Declining Income Inequality?

Volume/Issue: 2014/124

Series: IMF Working Papers

Author(s): Evridiki Tsounta , and Anayochukwu Osueke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2014

ISBN: 9781498378581

Keywords: Gini, emerging economies, Kuznets, gini coefficient, kuznets curve, declining inequality, Personal Income and Wealth Distribution, Equity, Justice, Inequality

Income inequality in Latin America has declined during the last decade, in contrast to the experience in many other emerging and developed regions. However, Latin America remains the most unequal region in the worl...

Inequality in Brazil: A Regional Perspective

Inequality in Brazil: A Regional Perspective »

Source: Inequality in Brazil: A Regional Perspective

Volume/Issue: 2017/225

Series: IMF Working Papers

Author(s): Carlos Góes , and Izabela Karpowicz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 October 2017

ISBN: 9781484324776

Keywords: Income inequality, Government expenditures and education, Government expenditures and welfare programs, Western Hemisphere, Brazil, redistribution policies, Models with Panel Data, Personal Income and Wealth Distribution, Equity, Justice

In this study, we document the decline in income inequality and a convergence in consumption patterns in Brazilian states in a new database constructed from micro data from the national households' survey. We adjus...