Does inequality harm income mobility and growth?
Subtitle: an assessment of the growth impact of income and education inequality in Paraguay 1992-2002
By: Thomas Otter
Series: Diskussionsbeiträge / Ibero-Amerika Institut für Wirtschaftsforschung = Documentos de trabajo / Instituto Ibero-Americano de Investigaciones Económicas = Discussion papers / Ibero-America Institute for Economic Research -- Nr. 188; Diskussionsbeiträge (Universität Göttingen. Ibero-Amerika Institut für Wirtschaftsforschung) -- no. 188.
Publisher: Ibero-Amerika Institut für Wirtschaftsforschung
Published: 2009
Place of publication: Göttingen, Germany
Language: eng
Number of pages: 45
Subjects: Income distribution; Social mobility
Description: Latin America is the most unequal region of the world in terms of income or expenditure, as well as regarding other aspects of economic or social exclusion. Given the persistently high levels of poverty incidence in Paraguay, understanding the determinants of growth at the household level in Paraguayan economy remains an important but under-researched field in economics. This appears to be particularly true for the question whether inequality has a positive or negative effect on economic growth, a question that is both fundamental in (development) economics and highly relevant for poverty reduction policies. Although the effect of inequality on growth has important implications for poverty (Bourguignon, 2004; Ravallion, 1997), empirical evidence on this link is virtually inexistent for Paraguay.
Notes: Cover title.

Includes bibliographical references (p. 42-45).