Western Hemisphere Department
II. Literature Review
III. Stylized Facts
A. Economic Development
B. Public Policy and Institutions
D. Globalization and Openness
E. Public Debt
IV. Quantitative Analysis: The Association of Inequality and Redistribution with Social and Economic Indicators.
A. Data Issues
B. Econometric Specification
C. Empirical Results: Association between social and economic indicators and inequality
D. Empirical Results: What country characteristics are linked to higher levels of redistribution?
V. Conclusions and Policy Implications
Figure 1. Gini Index – SWIID Estimates vs Historical Data
Figure 2. Box Plots of the Variables Included in the “Inequality” Regression
Figure 3. Box Plots of the Variables Included in the “Absolute Redistribution” Regression
Table 1. Identifying Variables Associated with Inequality (Gini Index)
Table 2. Inequality Regression: Additional Marginal Effects
Table 3. Identifying Variables Associated with Inequality Reduction as a result of Fiscal Policies
Annex 1: Country Sample – 31 Countries
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