Finance Inequality And Poverty PDF Download
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Author | : Thorsten Beck |
Publisher | : World Bank Publications |
Total Pages | : 36 |
Release | : 2004 |
Genre | : Finance |
ISBN | : |
Download Finance, Inequality, and Poverty Book in PDF, ePub and Kindle
"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions about the impact of financial development on changes in income distribution and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the incomes of the poor. Countries with better-developed financial intermediaries experience faster declines in measures of both poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse causality"--National Bureau of Economic Research web site.
Author | : Thorsten Beck |
Publisher | : |
Total Pages | : 47 |
Release | : 2010 |
Genre | : |
ISBN | : |
Download Finance, Inequality, and Poverty Book in PDF, ePub and Kindle
While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions about the impact of financial development on changes in income distribution and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the incomes of the poor. Countries with better-developed financial intermediaries experience faster declines in measures of both poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse causality.
Author | : Thorsten Beck |
Publisher | : |
Total Pages | : |
Release | : 2013 |
Genre | : |
ISBN | : |
Download Finance, Inequality, and Poverty Book in PDF, ePub and Kindle
While substantial research finds that financial development boosts overall economic growth, the authors study whether financial development is pro-poor: Does financial development disproportionately raise the income of the poor? Using a broad cross-country sample, the authors find that the answer is yes: Financial intermediary development reduces income inequality by disproportionately boosting the income of the poor and therefore reduces poverty. This result is robust to controlling for simultaneity bias and reverse causation.
Author | : Mr.Sami Ben Naceur |
Publisher | : International Monetary Fund |
Total Pages | : 28 |
Release | : 2016-02-19 |
Genre | : Business & Economics |
ISBN | : 1498359655 |
Download Financial Development, Inequality and Poverty Book in PDF, ePub and Kindle
This paper provides evidence on the link between financial development and income distribution. Several dimensions of financial development are considered: financial access, efficiency, stability, and liberalization. Each aspect is represented by two indicators: one related to financial institutions, and the other to financial markets. Using a sample of 143 countries from 1961 to 2011, the paper finds that four of the five dimensions of financial development can significantly reduce income inequality and poverty, except financial liberalization, which tends to exacerbate them. Also, banking sector development tends to provide a more significant impact on changing income distribution than stock market development. Together, these findings are consistent with the view that macroeconomic stability and reforms that strengthen creditor rights, contract enforcement, and financial institution regulation are needed to ensure that financial development and liberalization fully support the reduction of poverty and income equality.
Author | : Ms. Valerie Cerra |
Publisher | : International Monetary Fund |
Total Pages | : 54 |
Release | : 2021-03-12 |
Genre | : Business & Economics |
ISBN | : 1513572660 |
Download Links Between Growth, Inequality, and Poverty: A Survey Book in PDF, ePub and Kindle
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.
Author | : Nanak Kakwani |
Publisher | : Oxford University Press |
Total Pages | : 545 |
Release | : 2022-07-07 |
Genre | : |
ISBN | : 0198852843 |
Download Economic Inequality and Poverty Book in PDF, ePub and Kindle
Issues concerning economic inequality and poverty have become increasingly central to public debate over the past fifty years. The literature on measuring economic inequality and poverty has vastly expanded, developing many new methods, but also has generated many controversies. Economic Inequality and Poverty provides a systematic treatment of the development of inequality and poverty, focusing on how income inequality and poverty measurements have evolved in recent decades, and shows how to resolve some of the methodological and factual conflicts that have arisen. The book's primary focus is on the analysis of the relationships between individuals' or households' distributions of economic variables. These relationships are crucial in understanding many economic phenomena. Kakwani and Son employ household surveys to illustrate the application of their framework, showing how it can help in drawing evidence-based policy conclusions.
Author | : Satya R. Chakravarty |
Publisher | : Springer Science & Business Media |
Total Pages | : 186 |
Release | : 2010-07-25 |
Genre | : Business & Economics |
ISBN | : 0387792538 |
Download Inequality, Polarization and Poverty Book in PDF, ePub and Kindle
This book provides a synthesis of some recent issues and an up-to-date treatment of some of the major important issues in distributional analysis that I have covered in my previous book Ethical Social Index Numbers, which was widely accepted by students, teachers, researchers and practitioners in the area. Wide coverage of on-going and advanced topics and their analytical, articulate and authoritative p- sentation make the book theoretically and methodologically quite contemporary and inclusive, and highly responsive to the practical problems of recent concern. Since many countries of the world are still characterized by high levels of income inequality, Chap. 1 analyzes the problems of income inequality measurement in detail. Poverty alleviation is an overriding goal of development and social policy. To formulate antipoverty policies, research on poverty has mostly focused on inco- based indices. In view of this, a substantive analysis of income-based poverty has been presented in Chap. 2. The subject of Chap. 3 is people’s perception about income inequality in terms of deprivation. Since polarization is of current concern to analysts and social decisi- makers, a discussion on polarization is presented in Chap. 4.
Author | : Mr. Ross Levine |
Publisher | : International Monetary Fund |
Total Pages | : 80 |
Release | : 2021-06-11 |
Genre | : Business & Economics |
ISBN | : 1513583360 |
Download Finance, Growth, and Inequality Book in PDF, ePub and Kindle
Finance and growth emerged as a distinct field of economics during the last three decades as economists integrated the fields of finance and economic growth and then explored the ramifications of the functioning of financial systems on economic growth, income distribution, and poverty. In this paper, I review theoretical and empirical research on the connections between the operation of the financial system and economic growth and inequality. While subject to ample qualifications, the preponderance of evidence suggests that (1) financial development—both the development of banks and stock markets—spurs economic growth and (2) better functioning financial systems foster growth primarily by improving resource allocation and technological change, not by increasing saving rates. Some research also suggests that financial development expands economic opportunities and tightens income distribution, primarily by boosting the incomes of the poor. This work implies that financial development fosters growth by expanding opportunities. Finally, and more tentatively, financial innovation—improvements in the ability of financial systems to ameliorate information and transaction costs—may be necessary for sustaining growth.
Author | : David B. Grusky |
Publisher | : Stanford University Press |
Total Pages | : 204 |
Release | : 2006 |
Genre | : Social Science |
ISBN | : 9780804748438 |
Download Poverty and Inequality Book in PDF, ePub and Kindle
This is a collection of essays from leading public intellectuals that identifies major conceptual problems in the analysis of poverty and inequality and advances strategies for reducing poverty and inequality that are consistent with these new conceptual and methodological approaches.
Author | : Robert S. Rycroft |
Publisher | : Bloomsbury Publishing USA |
Total Pages | : 496 |
Release | : 2013-03-07 |
Genre | : Political Science |
ISBN | : |
Download The Economics of Inequality, Poverty, and Discrimination in the 21st Century Book in PDF, ePub and Kindle
Leading scholars examine the conflicting paradigms of affluence and destitution in the United States—as well as other free societies—and discuss the influence of education, race, and status on economic mobility. While recent catastrophic events in New Orleans and Haiti may have magnified issues of social inequity, leaders have debated over poverty and discrimination for decades. Are the poor disadvantaged by the institutions of society or by the choices they make? Through two insightful volumes, the author examines differing academic and political perspectives to help shed light on the causes of poverty and inequality; the role that gender, race, age, or sexual preference plays in determining opportunity; and the effectiveness of current social and economic policies in balancing the inequity among disparate groups. The Economics of Inequality, Poverty, and Discrimination in the 21st Century consists of 2 volumes containing 32 papers divided into 5 categories: measurement, inequality and mobility, institutions and choices, demographic groups and discrimination, and policy. The papers—written by economists, sociologists, philosophers and lawyers—deal with the extent of inequality in the United States and how it compares to other countries, and the newly emerging evidence on the relationship between inequality and mobility within a society.