Economic inequality and optimal redistribution: A theoretical and empirical analysis

Yunker, James A.

doi:10.1016/j.jpolmod.2016.03.006

Cited by 3 publications

(2 citation statements)

References 42 publications

(30 reference statements)

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“…The deep concerns that matter to us are the practical questions highlighted in the introduction. The positioning of the inquiry steers clear of recent policy studies on inclusive human development literature which have focused on, inter alia: employment protection and wage inequality (Perugini & Pompei, 2016); perspectives on inclusive and sustainable development in emerging markets (Stiglitz, 2016); economic inequality and optimal redistribution through taxation (Yunker, 2016); the relationship between poverty and deprivation (Renuka & VietNgu, 2016); the redistributive effect of regulation in developing countries (Atsu & Adams, 2015); gender equality (Baliamoune-Lutz & McGillivray, 2009;Anyanwu, 2013a;Elu & Loubert, 2013;Baliamoune-Lutz, 2007;Anyanwu, 2014a), rural-urban inequality (Baliamoune-Lutz & Lutz, 2005), poverty relationships (Anyanwu, 2013b(Anyanwu, , 2014b, nexuses between finance, growth, employment and poverty (Odhiambo, 2009(Odhiambo, , 2011, the relevance of financial development in poverty reduction (Odhiambo, , 2010b(Odhiambo, , 2013 and linkages between human development, information technology and mobile banking in inclusive development (Asongu & Nwachukwu, 2017;Asongu & Le Roux, 2017).…”

Section: Concepts Of Pro-poor Growth and Intuition For The Empiricsmentioning

confidence: 99%

Quality of Growth Empirics: Comparative Gaps, Benchmarking and Policy Syndromes

Asongu

Nwachukwu

2017

SSRN Journal

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This study uses a new dataset to provide comparative gaps, benchmarking with best performers and policy syndromes of growth quality in 93 developing countries with data for the period 1990-2011. Sigma and Beta estimation strategies are used to provide between and within cross-country dispersions. The empirical evidence is based on: time, regions, income levels, resource-wealth, state fragility and time-consistent growth quality (GQ) performance.

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Section: Concepts Of Pro-poor Growth and Intuition For The Empiricsmentioning

confidence: 99%

Quality of Growth Empirics: Comparative Gaps, Benchmarking and Policy Syndromes

Asongu

Nwachukwu

2017

SSRN Journal

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“…In the light of the above apparent policy syndrome of inequality and the established role of institutions in reducing poverty, income inequality and ethnic inequality, it is policy relevant to complement existing literature by assessing how institutions modulate the effect ethnic diversity on inequality. The position of the study departs from recent literature on inclusive development which has focused on inter alia: wage inequality and employment protection (Perugini and Pompei, 2016); views on sustainable and inclusive development in emerging markets (Stiglitz, 2016); optimal redistribution and economic inequality via taxation (Yunker, 2016); gender equality (Baliamoune-Lutz and McGillivray, 2009;Anyanwu, 2013a;Elu and Loubert, 2013;Baliamoune-Lutz, 2007;Anyanwu, 2014a), the redistributive effect of regulation in developing nations (Atsu and Adams, 2015); rural-urban inequality (Baliamoune-Lutz and Lutz, 2005), poverty nexuses (Anyanwu, 2013b(Anyanwu, , 2014b, relationships between finance, poverty, employment and economic growth (Odhiambo, 2009(Odhiambo, , 2011, nexuses between human development, information technology and inclusive development (Gosavi, 2017;Minkoua Nzie et al, 2017;Asongu and Nwachukwu, 2018) and the relevance of finance in poverty mitigation (Odhiambo, 2010a(Odhiambo, , 2010b(Odhiambo, , 2013.…”

Section: Introductionmentioning

confidence: 93%

Ethnic Diversity and Inequality in Sub-Saharan Africa: Do Institutions Reduce the Noise?

2019

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Studies on the causes of income differences between the rich and the poor have received an extensive attention in the inequality empirics. While ethnic diversity hasalso been identified as one of the fundamental causes of income inequality, the role of institutions as a mediating factor in the ethnicity-inequality nexus has not received the scholarly attention it deserves. To this end, this study complements the existing literature by investigating the extent to which institutional framework corrects the noisy influence originating from the nexus between "ethnic diversity" and inequality in 26 sub-Saharan African countries for the period 1996-2015. The empirical evidence is based on pooled OLS, fixed effects and system GMM estimators. The main findings reveal that the mediating influences of institutional settingsaredefective, thus making it extremely difficult to modulatethe noisy impacts of ethno-linguistic and religious heterogeneity on inequality. In addition, the negative influencesorchestrated by ethnolinguistic and religious diversities on inequality fail toattenuate the impact of income disparityeven when interacted with institutions. On the policy front, institutional reforms tailored toward economic, political and institutional governances should be targeted.

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