Explaining inequality the world round

cohort size, Kuznets curves, and openness

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Author

Matthew Higgins

Contributions

Williamson, Jeffrey G., 1935- - Contributor
National Bureau of Economic Research. - Contributor

Publication

1999 - National Bureau of Economic Research, Cambridge, MA, Massachusetts

Language

English

Word Count

10,500 words, Guess

Page Count

42 pages

Identifiers

OCLC Control Number42251965
Open LibraryOL22394927M

Classifications

LCCHB1

Description

"Klaus Deininger and Lyn Squire have recently produced an inequality data base for a panel of countries from the 1960s to the 1990s. We use these data to decompose the sources of inequality into three central parts: the demographic or cohort size effect; the so-called Kuznets Curve or demand effects; and the commitment to globalization or policy effects. We also control for education supply, the so-called natural resource curse and other variables suggested by the literature. While the Kuznets Curve comes out of hiding when the inequality relationship is conditioned by the other two, cohort size seems to be the most important force at work. We resolve the apparent conflict between this macro finding on cohort size and the contrary implications of recent research based on micro data"--Federal Reserve Bank of New York web site.

Subjects

Topics

Cohort analysis Econometric models Income distribution International economic integrationCohort analysis -- Econometric modelsIncome distribution -- Econometric models International economic integration -- Econometric models

Series Statement

NBER working paper series -- no. 7224
Working paper series (National Bureau of Economic Research) -- working paper no. 7224.

Other Editions

Explaining inequality the world round: cohort size, Kuznets curves, and opennessNational Bureau of Economic Research1999-01-01

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