When average income rises, the average incomes of the poorest fifth of society rise proportionately. This is a consequence of the strong empirical regularity that the share of income accruing to the bottom quintile does not vary systematically with average income. The authors document this empirical regularity in a sample of 92 countries spanning the past four decades and show that it holds across regions, periods, income levels, and growth rates...
انظر المزيد
تفاصيل
-
2001/4/30
-
ورقة عمل خاصة ببحوث السياسات
-
WPS2587
-
1
-
1
-
2010/7/01
-
Growth is good for the poor
-
total public spending