Innovation and Inequality PDF Download

Author: Susan Cozzens
Publisher: Edward Elgar Publishing
ISBN: 1781951675
Category : Technology & Engineering
Languages : en
Pages : 357

View

Book Description
Susan Cozzens, Dhanaraj Thakur, and the other co-authors ask how the benefits and costs of emerging technologies are distributed amongst different countries _ some rich and some poor. Examining the case studies of five technologies across eight countri

Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
ISBN: 1513547437
Category : Business & Economics
Languages : en
Pages : 39

View

Book Description
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.

Author: Peter Georgescu
Publisher: Berrett-Koehler Publishers
ISBN: 1523082674
Category : Business & Economics
Languages : en
Pages : 145

View

Book Description
Showing how the short-term thinking spawned by shareholder primacy lies at the root of our current economic malaise and social breakdown, this sobering depiction offers concrete actions that capitalists themselves can take to create a better future. --

Author: Max Rashbrooke
Publisher: Bridget Williams Books
ISBN: 1927131510
Category : Business & Economics
Languages : en
Pages : 338

View

Book Description
The divide between New Zealand’s poorest and wealthiest inhabitants has widened alarmingly over recent decades. Differences in income have grown faster than in most other developed countries. New Zealand society is being reshaped, stretching to accommodate new distance between those who ‘have’ and those who ‘have not’. Income inequality is a crisis that affects us all. A diverse gathering of New Zealand scholars, journalists, researchers, business leaders, workers, students and parents share these pages. Their voices speak to the complex shape of income inequality, and its effects on the communities of these Pacific islands.

Author: Heather Boushey
Publisher: Harvard University Press
ISBN: 067497817X
Category : Business & Economics
Languages : en
Pages : 475

View

Book Description
A Foreign Affairs Best Book of the Year “An intellectual excursion of a kind rarely offered by modern economics.” —Foreign Affairs Thomas Piketty’s Capital in the Twenty-First Century is the most widely discussed work of economics in recent years. But are its analyses of inequality and economic growth on target? Where should researchers go from there in exploring the ideas Piketty pushed to the forefront of global conversation? A cast of leading economists and other social scientists—including Emmanuel Saez, Branko Milanovic, Laura Tyson, and Michael Spence—tackle these questions in dialogue with Piketty. “A fantastic introduction to Piketty’s main argument in Capital, and to some of the main criticisms, including doubt that his key equation...showing that returns on capital grow faster than the economy—will hold true in the long run.” —Nature “Piketty’s work...laid bare just how ill-equipped our existing frameworks are for understanding, predicting, and changing inequality. This extraordinary collection shows that our most nimble social scientists are responding to the challenge.” —Justin Wolfers, University of Michigan

Author: Simon Kuznets
Publisher: Cambridge University Press
ISBN: 9780521521963
Category : Business & Economics
Languages : en
Pages : 476

View

Book Description
This is a collection of essays by Simon Kuznets, winner of the 1971 Nobel Memorial Prize in Economic Sciences, published posthumously. It represents the primary concerns of his research at a late phase of his career, as well as themes from his earlier work. The first four chapters deal with 'modern economic growth'. Chapters five to seven introduce the main theme of the remainder of the volume: interrelations between demographic change and income inequality. Chapters eight to ten draw on a wider set of data to make comparisons of income inequality among societies at widely different levels of development. Chapter eleven returns to data for the United States to develop more fully the importance of differing childbearing patterns for income inequality. In the introduction Professor Richard Easterlin discusses the relationship of the essays to the balance of Kuznets's writings. In the afterword Professor Robert Fogel discusses the methodologies favoured by Kuznets.

Author: Branko Milanovi?
Publisher: World Bank Publications
ISBN:
Category : Equality
Languages : en
Pages : 35

View

Book Description
"The paper presents a nontechnical summary of the current state of debate on the measurement and implications of global inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality. And it shows why global inequality matters and proposes a scheme for global redistribution. "--World Bank web site.

Author: Carlos Góes
Publisher: International Monetary Fund
ISBN: 1475527691
Category : Business & Economics
Languages : en
Pages : 27

View

Book Description
Thomas Piketty's Capital in the Twenty-First Century puts forth a logically consistent explanation for changes in income and wealth inequality patterns. However, while rich in data, the book provides no formal empirical testing for its theoretical causal chain. In this paper, I build a set of Panel SVAR models to check if inequality and capital share in the national income move up as the r-g gap grows. Using a sample of 19 advanced economies spanning over 30 years, I find no empirical evidence that dynamics move in the way Piketty suggests. Results are robust to several alternative estimates of r-g.

Author: David Cay Johnston
Publisher: New Press, The
ISBN: 1595589236
Category : Political Science
Languages : en
Pages : 354

View

Book Description
The issue of inequality has irrefutably returned to the fore, riding on the anger against Wall Street following the 2008 financial crisis and the concentration of economic and political power in the hands of the super–rich. The Occupy movement made the plight of the 99 percent an indelible part of the public consciousness, and concerns about inequality were a decisive factor in the 2012 presidential elections. How bad is it? According to Pulitzer Prize–winning journalist David Cay Johnston, most Americans, in inflation–adjusted terms, are now back to the average income of 1966. Shockingly, from 2009 to 2011, the top 1 percent got 121 percent of the income gains while the bottom 99 percent saw their income fall. Yet in this most unequal of developed nations, every aspect of inequality remains hotly contested and poorly understood. Divided collects the writings of leading scholars, activists, and journalists to provide an illuminating, multifaceted look at inequality in America, exploring its devastating implications in areas as diverse as education, justice, health care, social mobility, and political representation. Provocative and eminently readable, here is an essential resource for anyone who cares about the future of America—and compelling evidence that inequality can be ignored only at the nation’s peril.

Author: Alain de Janvry
Publisher: Springer Science & Business Media
ISBN: 9781402078507
Category : Business & Economics
Languages : en
Pages : 410

View

Book Description
This collection of essays honors a remarkable man and his work. Erik Thorbecke has made significant contributions to the microeconomic and the macroeconomic analysis of poverty, inequality and development, ranging from theory to empirics and policy. The essays in this volume display the same range. As a collection they make the fundamental point that deep understanding of these phenomena requires both the micro and the macro perspectives together, utilizing the strengths of each but also the special insights that come when the two are linked together. After an overview section which contains the introductory chapter and a chapter examining the historical roots of Erik Thorbecke's motivations, the essays in this volume are grouped into four parts, each part identifying a major strand of Erik's work—Measurement of Poverty and Inequality, Micro Behavior and Market Failure, SAMs and CGEs, and Institutions and Development. The range of topics covered in the essays, written by leading authorities in their own areas, highlight the extraordinary depth and breadth of Erik Thorbecke's influence in research and policy on poverty, inequality and development. Acknowledgements These papers were presented at a conference in honor of Erik Thorbecke held at Cornell University on October 10-11, 2003. The conference was supported by the funds of the H. E. Babcock Chair in Food, Nutrition and Public Policy, and the T. H. Lee Chair in World Affairs at Cornell University.