Redistribution, Inequality, and Growth

Download Redistribution, Inequality, and Growth PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484397657
Total Pages : 30 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Redistribution, Inequality, and Growth by : Mr.Jonathan David Ostry

Download or read book Redistribution, Inequality, and Growth written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2014-02-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Fiscal Policy and Income Inequality

Download Fiscal Policy and Income Inequality PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1498343678
Total Pages : 69 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!


Book Synopsis Fiscal Policy and Income Inequality by : International Monetary Fund

Download or read book Fiscal Policy and Income Inequality written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-07-03 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

Inequality and Growth

Download Inequality and Growth PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262050692
Total Pages : 343 pages
Book Rating : 4.2/5 (62 download)

DOWNLOAD NOW!


Book Synopsis Inequality and Growth by : Theo S. Eicher

Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2003 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays exploring the relationship between economic growth and inequality and the implications for policy makers.

Causes and Consequences of Income Inequality

Download Causes and Consequences of Income Inequality PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 39 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris

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.

Inequality, Leverage and Crises

Download Inequality, Leverage and Crises PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1455210757
Total Pages : 39 pages
Book Rating : 4.4/5 (552 download)

DOWNLOAD NOW!


Book Synopsis Inequality, Leverage and Crises by : Mr.Michael Kumhof

Download or read book Inequality, Leverage and Crises written by Mr.Michael Kumhof and published by International Monetary Fund. This book was released on 2010-11-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of the rich, a large increase in leverage for the remainder, and an eventual financial and real crisis. The paper presents a theoretical model where these features arise endogenously as a result of a shift in bargaining powers over incomes. A financial crisis can reduce leverage if it is very large and not accompanied by a real contraction. But restoration of the lower income group's bargaining power is more effective.

Links Between Growth, Inequality, and Poverty: A Survey

Download Links Between Growth, Inequality, and Poverty: A Survey PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1513572660
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!


Book Synopsis Links Between Growth, Inequality, and Poverty: A Survey by : Ms. Valerie Cerra

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.

Economy, Society and Public Policy

Download Economy, Society and Public Policy PDF Online Free

Author :
Publisher : Oxford University Press, USA
ISBN 13 : 9780198849841
Total Pages : 0 pages
Book Rating : 4.8/5 (498 download)

DOWNLOAD NOW!


Book Synopsis Economy, Society and Public Policy by : The Core Team

Download or read book Economy, Society and Public Policy written by The Core Team and published by Oxford University Press, USA. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economy, Society, and Public Policy is a new way to learn economics. It is designed specifically for students studying social sciences, public policy, business studies, engineering and other disciplines who want to understand how the economy works and how it can be made to work better. Topical policy problems are used to motivate learning of key concepts and methods of economics. It engages, challenges and empowers students, and will provide them with the tools to articulate reasoned views on pressing policy problems. This project is the result of a worldwide collaboration between researchers, educators, and students who are committed to bringing the socially relevant insights of economics to a broader audience.KEY FEATURESESPP does not teach microeconomics as a body of knowledge separate from macroeconomicsStudents begin their study of economics by understanding that the economy is situated within society and the biosphereStudents study problems of identifying causation, not just correlation, through the use of natural experiments, lab experiments, and other quantitative methodsSocial interactions, modelled using simple game theory, and incomplete information, modelled using a series of principal-agent problems, are introduced from the beginning. As a result, phenomena studied by the other social sciences such as social norms and the exercise of power play a roleThe insights of diverse schools of thought, from Marx and the classical economists to Hayek and Schumpeter, play an integral part in the bookThe way economists think about public policy is central to ESPP. This is introduced in Units 2 and 3, rather than later in the course.

Inequality and Prosperity

Download Inequality and Prosperity PDF Online Free

Author :
Publisher : Cornell University Press
ISBN 13 : 9780801489709
Total Pages : 260 pages
Book Rating : 4.4/5 (897 download)

DOWNLOAD NOW!


Book Synopsis Inequality and Prosperity by : Jonas Pontusson

Download or read book Inequality and Prosperity written by Jonas Pontusson and published by Cornell University Press. This book was released on 2005 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A Century Foundation book".

Finance, Growth, and Public Policy

Download Finance, Growth, and Public Policy PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!


Book Synopsis Finance, Growth, and Public Policy by : Mark Gertler

Download or read book Finance, Growth, and Public Policy written by Mark Gertler and published by World Bank Publications. This book was released on 1991 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: A thriving financial market depends not only on a prudent regulatory regime but also on having enough creditworthy borrowers. Policies in the real sector- macroeconomic, public finance, and trade policies- that directly stimulate growth and stability should be pursued in concert with financial reform.

Credit Markets with Differences in Abilities

Download Credit Markets with Differences in Abilities PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451972962
Total Pages : 36 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis Credit Markets with Differences in Abilities by : Mr.Se-Jik Kim

Download or read book Credit Markets with Differences in Abilities written by Mr.Se-Jik Kim and published by International Monetary Fund. This book was released on 1994-04-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper addresses the growth, welfare, and distributional effects of credit markets. We construct a general equilibrium model where human capital is the engine of growth and individuals differ in their education abilities. We argue that the existence of credit markets encourages specialization, by which individuals choose during their youth to work or to receive formal education. This specialization unambiguously increases growth and welfare. The model also shows that in economies with high (low) average level of education abilities, the opening of credit markets induces a more disperse (equal) income distribution.

The Economics of the Government Budget Constraint

Download The Economics of the Government Budget Constraint PDF Online Free

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!


Book Synopsis The Economics of the Government Budget Constraint by : Stanley Fischer

Download or read book The Economics of the Government Budget Constraint written by Stanley Fischer and published by World Bank Publications. This book was released on 1989 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Income Distribution

Download Handbook of Income Distribution PDF Online Free

Author :
Publisher : Elsevier
ISBN 13 : 0444594760
Total Pages : 2370 pages
Book Rating : 4.4/5 (445 download)

DOWNLOAD NOW!


Book Synopsis Handbook of Income Distribution by : Anthony B. Atkinson

Download or read book Handbook of Income Distribution written by Anthony B. Atkinson and published by Elsevier. This book was released on 2014-12-30 with total page 2370 pages. Available in PDF, EPUB and Kindle. Book excerpt: What new theories, evidence, explanations, and policies have shaped our studies of income distribution in the 21st century? Editors Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues. In two volumes they address subjects that were not covered in Volume 1 (2000), such as education, health and experimental economics; and subjects that were covered but where there have been substantial new developments, such as the historical study of income inequality and globalization. Some chapters discuss future growth areas, such as inheritance, the links between inequality and macro-economics and finance, and the distributional implications of climate change. They also update empirical advances and major changes in the policy environment. - The volumes define and organize key areas of income distribution studies - Contributors focus on identifying newly developing questions and opportunities for future research - The authoritative articles emphasize the ways that income mobility and inequality studies have recently gained greater political significance

Handbook of Income Distribution. Vol 2B

Download Handbook of Income Distribution. Vol 2B PDF Online Free

Author :
Publisher : Elsevier
ISBN 13 : 9780444594754
Total Pages : 1078 pages
Book Rating : 4.5/5 (947 download)

DOWNLOAD NOW!


Book Synopsis Handbook of Income Distribution. Vol 2B by : Anthony B. Atkinson

Download or read book Handbook of Income Distribution. Vol 2B written by Anthony B. Atkinson and published by Elsevier. This book was released on 2014-12-18 with total page 1078 pages. Available in PDF, EPUB and Kindle. Book excerpt: What new theories, evidence, explanations, and policies have shaped our studies of income distribution in the 21st century? Editors Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues. In two volumes they address subjects that were not covered in Volume 1 (2000), such as education, health and experimental economics; and subjects that were covered but where there have been substantial new developments, such as the historical study of income inequality and globalization. Some chapters discuss future growth areas, such as inheritance, the links between inequality and macro-economics and finance, and the distributional implications of climate change. They also update empirical advances and major changes in the policy environment. The volumes define and organize key areas of income distribution studies Contributors focus on identifying newly developing questions and opportunities for future research The authoritative articles emphasize the ways that income mobility and inequality studies have recently gained greater political significance

Recursive Macroeconomic Theory

Download Recursive Macroeconomic Theory PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 9780262122740
Total Pages : 1120 pages
Book Rating : 4.1/5 (227 download)

DOWNLOAD NOW!


Book Synopsis Recursive Macroeconomic Theory by : Lars Ljungqvist

Download or read book Recursive Macroeconomic Theory written by Lars Ljungqvist and published by MIT Press. This book was released on 2004 with total page 1120 pages. Available in PDF, EPUB and Kindle. Book excerpt: A significant new edition of a text that offers both tools and sample applications; extensive revisions and seven new chapters improve and expand upon the original treatment.

Tax Policy and Inclusive Growth

Download Tax Policy and Inclusive Growth PDF Online Free

Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781513561561
Total Pages : 38 pages
Book Rating : 4.5/5 (615 download)

DOWNLOAD NOW!


Book Synopsis Tax Policy and Inclusive Growth by : Khaled Abdel-Kader

Download or read book Tax Policy and Inclusive Growth written by Khaled Abdel-Kader and published by INTERNATIONAL MONETARY FUND. This book was released on 2020-12-04 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, i.e. in support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design. Then, it elaborates on more granular tax policy, discussing key choices in the structure of the personal income tax on labor and capital income, taxes on wealth, the corporate income tax, and consumption taxes. The paper concludes by highlighting the political economy considerations of the issues with concrete recommedtions as to how to implement tax reform.

Handbook of Macroeconomics

Download Handbook of Macroeconomics PDF Online Free

Author :
Publisher : Elsevier
ISBN 13 : 9780444501585
Total Pages : 600 pages
Book Rating : 4.5/5 (15 download)

DOWNLOAD NOW!


Book Synopsis Handbook of Macroeconomics by : John B. Taylor

Download or read book Handbook of Macroeconomics written by John B. Taylor and published by Elsevier. This book was released on 1999-12-13 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part 6: Financial Markets and the Macroeconomy. 19. Asset prices, consumption, and the business cycle (J.Y. Campbell). 20. Human behavior and the efficiency of the financial system (R.J. Shiller). 21. The financial accelerator in a quantitative business cycle framework (B. Bernanke, M. Gertler and S. Gilchrist). Part 7: Monetary and Fiscal Policy. 22. Political economics and macroeconomic policy (T. Persson, G. Tabellini). 23. Issues in the design of monetary policy rules (B.T. McCallum). 24. Inflation stabilization and BOP crises in developing countries (G.A. Calvo, C.A. Vegh). 25. Government debt (D.W. Elmendorf, N.G. Mankiw). 26. Optimal fiscal and monetary policy (V.V. Chari, P.J. Kehoe).

Handbook of Income Distribution

Download Handbook of Income Distribution PDF Online Free

Author :
Publisher : Elsevier
ISBN 13 : 9780444816313
Total Pages : 980 pages
Book Rating : 4.8/5 (163 download)

DOWNLOAD NOW!


Book Synopsis Handbook of Income Distribution by : Anthony Barnes Atkinson

Download or read book Handbook of Income Distribution written by Anthony Barnes Atkinson and published by Elsevier. This book was released on 2000 with total page 980 pages. Available in PDF, EPUB and Kindle. Book excerpt: