Inequality in Good and Bad Times: A Cross-Country Approach

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  • Inequality in Good and Bad Times: A Cross-Country Approach Book Detail

  • Author : Ms.Burcu Hacibedel
  • Release Date : 2019-01-22
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 41
  • ISBN 13 : 1484395565
  • File Size : 84,84 MB

Inequality in Good and Bad Times: A Cross-Country Approach by Ms.Burcu Hacibedel PDF Summary

Book Description: This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in developing economies. We find that reductions in inequality during growth upswings are largely reversed during growth slowdowns. Using a new methodology (mediation analysis), we identify unemployment, and youth unemployment especially, as the main channel through which fluctuations in growth affect future dynamics in inequality. These findings suggest that both the quality of jobs created and labor market policies are important to ensure that growth outcomes are conducive to inequality reduction.

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Changing Times for Frontier Markets

Changing Times for Frontier Markets

File Size : 34,34 MB
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This paper investigates to what extent low-income developing countries (LIDCs) characterized as frontier markets (FMs) have begun to be subject to capital flows