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The distribution of consumption expenditure in Sub-Saharan Africa : the inequality among all Africans (English)

This paper uses a set of national household surveys to study the regional Sub-Saharan Africa distribution of consumption expenditure among individuals during 1993 to 2008. ... See More +

Policy Research Working Paper WPS7557 FEB 03, 2016

Jirasavetakul,La-Bhus Fah; Lakner,Christoph

Why so gloomy ? perceptions of economic mobility in Europe and Central Asia (English)

Despite significant improvements in per capita expenditures and a marked decline in poverty over the 2000s, a large fraction of Eastern Europe and Central Asia's population reports their economic situation in the late 2000s to be worse than in 1989. ... See More +

Policy Research Working Paper WPS7519 DEC 18, 2015

Cancho,Cesar A.; Davalos,Maria Eugenia; Sanchez,Carolina

The effects of volatility, fiscal policy cyclicality and financial development on growth : evidence for the Eastern Caribbean (English)

This paper presents estimates of the effects that terms of trade volatility has on growth of real gross domestic product per capita. Based on five-year non-overlapping panel data comprising 175 countries during 1980–2010, the paper finds that: (i) in model specifications that do not include country fixed effects, terms of trade volatility has a significant negative average effect on economic growth; (ii) once country fixed effects are included in the model, the average effect of terms of trade volatility on economic growth is not significantly different from zero; (iii) robust to the inclusion of country fixed effects, terms of trade volatility has significantly adverse effects on economic growth in countries with pro-cyclical fiscal policy; and (iv) in model specifications that do not include country fixed effects, financial development is a significant mediating factor with regard to the effect that terms of trade volatility has on economic growth, however, the significance of this effect vanishes once country fixed effects are included in the model. ... See More +

Policy Research Working Paper WPS7507 DEC 03, 2015

Brüeckner,Markus; Carneiro,Francisco Galrao

Botswana - Country partnership framework (FY16-20) : chair summary (English)

Board Summary 101325 NOV 24, 2015

Nighttime lights revisited : the use of nighttime lights data as a proxy for economic variables (English)

The growing availability of free or inexpensive satellite imagery has inspired many researchers to investigate the use of earth observation data for monitoring economic activity around the world. ... See More +

Policy Research Working Paper WPS7496 NOV 16, 2015

Addison,Douglas M.; Stewart,Benjamin P.

Weak instruments in growth regressions : implications for recent cross-country evidence on inequality and growth (English)

This paper revisits four recent cross-country empirical studies on the effects of inequality on growth. All four studies report strongly significant negative effects, using the popular system generalized method of moments estimator that is frequently used in cross-country growth empirics. ... See More +

Policy Research Working Paper WPS7494 NOV 13, 2015

Kraay,Aart C.

Appraising cross-national income inequality databases : an introduction (English)

In response to a growing interest in comparing inequality levels and trends across countries, several cross-national inequality databases are now available. ... See More +

Policy Research Working Paper WPS7489 NOV 12, 2015

Ferreira,Francisco H. G.; Lustig,Nora-451471; Teles,Daniel Chaim

DECPG weekly global economic brief (English)

Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) weekly global economic newsletter are as follows: United States (U.S.) job growth exceeded expectations in November; European Central Bank (ECB) unveiled new stimulus measures; India’s Gross Domestic Product (GDP) growth accelerated in Third Quarter (Q3); Brazil’s GDP contracted more than expected in Q3; Kenya’s inflation rate at 15-month high in November, Purchasing Managers’ Index (PMI edged up; Demand from China, and, to a significantly lesser extent, India, tilted global commodity consumption towards coal and metals during 2000 - 2014; The diverging contributions of China and India to global commodity consumption during the 2000s reflect different income elasticities and, for metals specifically, different growth engines in China and India; Going forward, China and India’s role in global commodity consumption will be shaped by how quickly they catch up with advanced country per capita consumption levels and their rates of economic and population growth. ... See More +

Newsletter 103029 NOV 04, 2015

Trang Nguyen; Gong,Xinghao; Chen,Derek Hung Chiat

Indonesia's rising divide : why inequality is rising, why it matters and what can be done (English)

Rising inequality is creating an Indonesia that is more divided than ever before. Fifteen years of sustained economic growth in Indonesia have helped to reduce poverty and create a growing middle class. ... See More +

Working Paper 101668 NOV 01, 2015

Bahasa (Indonesian)

A perceived divide : how Indonesians perceive inequality and what they want done about it (English)

Inequality in Indonesia is rising and a recent survey suggests that Indonesians are growing increasingly concerned. The Gini coefficient in Indonesia has increased sharply over the past 15 years, increasing from 30 in 2000 to 41 in 2013. ... See More +

Working Paper 101664 NOV 01, 2015

Indrakesuma,Taufik Ramadhan; Janz,Edgar; Wai-Poi,Matthew Grant

Exploring the sources of downward bias in measuring inequality of opportunity (English)

This study analyzes the extent of downward bias in the calculation of inequality of opportunity for continuous outcomes such as income. A typically recognized source of bias is the unobserved circumstances as there is a limited set of variables available in household and labor force surveys. ... See More +

Policy Research Working Paper WPS7458 OCT 26, 2015

Lara Ibarra,Gabriel; Martinez Cruz,Adan L.

Statement by Mr. Guy Ryder at the 92nd meeting of the Development Committee held on October 10, 2015 (English)

This is a statement by Mr. Guy Ryder, Director-General, International Labor Organization at the ninety-second meeting of the Development Committee held on October 10, 2015. ... See More +

Board Report 100171 OCT 10, 2015

Ryder, Guy

Jobs, wages, and the Latin American slowdown : Main report (English)

After a decade of strong growth, Latin America and the Caribbean (LAC) started to decelerate in mid-2011, on the wake of falling commodity prices and slower growth in the rest of the world, particularly in China and the Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States (G7) countries. ... See More +

Publication 100083 OCT 01, 2015

De La Torre,Augusto; Ize,Alain; Beylis,Guillermo Raul; Lederman,Daniel

The middle-income trap turns ten (English)

Since we introduced the term “middle-income trap” in 2006, it has become popular among policy makers and researchers. In May 2015, a search of Google Scholar returned more than 3,000 articles including the term and about 300 articles with the term in the title. ... See More +

Policy Research Working Paper WPS7403 AUG 26, 2015

Gill,Indermit S.; Kharas,Homi

Preferences, purchasing power parity, and inequality : analytical framework, propositions, and empirical evidence (English)

This paper makes analytical, methodological and empirical contributions to the literature on purchasing power parity. Purchasing power parities are required in a host of cross-country welfare comparisons, such as poverty rates and gross domestic product. ... See More +

Policy Research Working Paper WPS7395 AUG 18, 2015

Majumder,Amita; Ray,Ranjan; Santra,Sattwik

Lower bounds on inequality of opportunity and measurement error (English)

When measuring inequality of opportunity, researchers usually opt to eliminate within-type variation. Provided that in practice it is impossible to observe all circumstances, this implies that the researcher estimates a lower bound of the true level of inequality of opportunity. ... See More +

Policy Research Working Paper WPS7379 JUL 28, 2015

Balcazar Salazar,Carlos Felipe

The consumption, income, and wealth of the poorest: cross-sectional facts of rural and urban Sub-Saharan Africa for macroeconomists (English)

This paper provides new empirical insights on the joint distribution of consumption, income, and wealth in three of the poorest countries in the world — Malawi, Tanzania, and Uganda — all located in Sub-Saharan Africa (SSA). ... See More +

Policy Research Working Paper WPS7337 JUN 25, 2015

De Magalhaes,Leandro; Santaeulalia-Llopis,Raul

Effects of income inequality on aggregate output (English)

This paper estimates the effect of income inequality on real gross domestic product per capita using a panel of 104 countries during the period 1970–2010. ... See More +

Policy Research Working Paper WPS7317 JUN 22, 2015

Brueckner,Markus; Lederman,Daniel

Growth still is good for the poor (English)

Average incomes in the poorest two quintiles on average increase at the same rate as overall average incomes. This is because, in a global dataset spanning 121 countries over the past four decades, changes in the share of income of the poorest quintiles are uncorrelated with changes in average income. ... See More +

Journal Article 100220 JUN 18, 2015

Dollar,David R.; Kleineberg,Tatjana Karina; Kraay,Aart C.

Toward a new definition of shared prosperity: a dynamic perspective from three countries (English)

This paper proposes a new measure of growth in shared prosperity, based on shifts in population shares of different income groups over time. This measure complements the definition of shared prosperity recently proposed by the World Bank in which income growth of the bottom 40 percent is examined. ... See More +

Policy Research Working Paper WPS7294 JUN 08, 2015

Dang,Hai-Anh H.; Lanjouw,Peter F.

Title Document Date Report No. Document Type Also available in
The distribution of consumption expenditure in Sub-Saharan Africa : the inequality among all Africans (English)
See More +
FEB 03, 2016 WPS7557 Policy Research Working Paper
Why so gloomy ? perceptions of economic mobility in Europe and Central Asia (English)
See More +
DEC 18, 2015 WPS7519 Policy Research Working Paper
The effects of volatility, fiscal policy cyclicality and financial development on growth : evidence for the Eastern Caribbean (English)
See More +
DEC 03, 2015 WPS7507 Policy Research Working Paper
Botswana - Country partnership framework (FY16-20) : chair summary (English)
See More +
NOV 24, 2015 101325 Board Summary
Nighttime lights revisited : the use of nighttime lights data as a proxy for economic variables (English)
See More +
NOV 16, 2015 WPS7496 Policy Research Working Paper
Weak instruments in growth regressions : implications for recent cross-country evidence on inequality and growth (English)
See More +
NOV 13, 2015 WPS7494 Policy Research Working Paper
Appraising cross-national income inequality databases : an introduction (English)
See More +
NOV 12, 2015 WPS7489 Policy Research Working Paper
DECPG weekly global economic brief (English)
See More +
NOV 04, 2015 103029 Newsletter
Indonesia's rising divide : why inequality is rising, why it matters and what can be done (English)
See More +
NOV 01, 2015 101668 Working Paper Bahasa (Indonesian)
A perceived divide : how Indonesians perceive inequality and what they want done about it (English)
See More +
NOV 01, 2015 101664 Working Paper
Exploring the sources of downward bias in measuring inequality of opportunity (English)
See More +
OCT 26, 2015 WPS7458 Policy Research Working Paper
Statement by Mr. Guy Ryder at the 92nd meeting of the Development Committee held on October 10, 2015 (English)
See More +
OCT 10, 2015 100171 Board Report
Jobs, wages, and the Latin American slowdown : Main report (English)
See More +
OCT 01, 2015 100083 Publication
The middle-income trap turns ten (English)
See More +
AUG 26, 2015 WPS7403 Policy Research Working Paper
Preferences, purchasing power parity, and inequality : analytical framework, propositions, and empirical evidence (English)
See More +
AUG 18, 2015 WPS7395 Policy Research Working Paper
Lower bounds on inequality of opportunity and measurement error (English)
See More +
JUL 28, 2015 WPS7379 Policy Research Working Paper
The consumption, income, and wealth of the poorest: cross-sectional facts of rural and urban Sub-Saharan Africa for macroeconomists (English)
See More +
JUN 25, 2015 WPS7337 Policy Research Working Paper
Effects of income inequality on aggregate output (English)
See More +
JUN 22, 2015 WPS7317 Policy Research Working Paper
Growth still is good for the poor (English)
See More +
JUN 18, 2015 100220 Journal Article
Toward a new definition of shared prosperity: a dynamic perspective from three countries (English)
See More +
JUN 08, 2015 WPS7294 Policy Research Working Paper