Although theoretical models make distinct predictions about the relation between financial sector development and income inequality, little empirical research has been conducted to compare their relative explanatory power. We examine the relation between financial intermediary development and income[r]
economy has slowed down signs; the dynamics of growth is weakeningand should have a new boost to the dynamics of the economy;Economic restructuring has yet to boost productivity and underutilizelabor potential, not promote the development of rural areas; Theimprint of the growth economy based on wid[r]
reflected in production and output behavior.6 Dollar (2004) is the clearest proponent of the view that ‘globalizing’ countries like Vietnam reaped the benefitof poverty reduction, through the export of rice and labor intensive products such as footwear, without asignificant change in income <[r]
There are several reasons why growth and development have been uneven across countries and over time: high income inequality; state capture by elites and powerful groups; weak state and private institutions related to perennial problems of corruption, rule of law, property rights, and capacity to fo[r]
but the process is slow and negatively marked by a massive out-migration of young people.The debate about the relative contribution of agriculture to the reduction of income poverty(Christiaensen, L. et al., 2010) applies to Romania only in the sense that higher productivityin this sector and[r]
This paper studies the effect of enforcing labor regulation in an economy with a dual labor market. The analysis uses data from Brazil, a country with a large informal sector and strict labor law, where enforcement affects mainly the degree of compliance with mandated benefits (severance pay and hea[r]
They reduce income inequality by alleviating credit constraints and increasing access to investment oppor-tunities for poor households.5By facilitat-ing competition between firms that pur[r]
the existing contractual framework, there are certain short-cuts. Procedures suchas those related to collateral that enable individual lenders to recover on debt contracts are found to be more important in boosting bank lending in relativelyunderdeveloped institutional environments than procedures s[r]
Albrecht J, Vuuren A. V., Vroman S, (2004). Decomposing the Gender Wage Gap in the Netherlands with Sample Selection Adjustments, Tinbergen Institute Discussion Papers 041233, Tinbergen Institute. Arulampalam, W., Booth, A.L. and Bryan, M.L. (2005) „Is There a Glass Ceiling over[r]
This book contains the secret formula for building a $50,000 Amazon business at a very low cost. The ''Passive Income for Life'' system has been proven to generate consistent and significant passive income paychecks over a 14-year time period. The system is flexible and scale-able. Plus, it can be u[r]
Walt Disney studio has been recognized as the premier American animated studio with a series of popular animated movies about lifetime adventures of numerous lead female characters. These movies are not only entertaining, but also express the development of core women’s values in American society wi[r]
INCOME THE FINANCIAL GAIN EARNED OR UNEARNED ACCRUING OVER A GIVEN PERIOD OF TIME EXAMPLE SENTENCE: _Even if INCOME tax rates are higher later, I think the tax deferral” makes up for tha[r]
This paper relies on a model of wealth distribution dynamics and occupational choice to investigate the distributional consequences of policies and developments associated with transition from central planning to a market system. The model suggests that even an efficient privatization designed to be[r]
... of Canadian income trusts, 1994-2005 42 Figure Number of business trusts conversions, 1998-2006 42 Figure Distribution of the number of converted business trusts among the eight business. .. years, we expect few (if any) business trust conversions and that the aggregate capitalization value of t[r]