Arbeitspapier

Growth, inequality, and social welfare: Cross-country evidence

We use social welfare functions that assign weights to individuals based on their income levels to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, we find that most of the cross-country and over-time variation in changes in social welfare is due to changes in average incomes. In contrast, the changes in inequality observed during this period are on average much smaller than changes in average incomes, are uncorrelated with changes in average incomes, and have contributed relatively little to changes in social welfare.

Sprache
Englisch

Erschienen in
Series: LIS Working Paper Series ; No. 626

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Dollar, David
Kleineberg, Tatjana
Kraay, Aart
Ereignis
Veröffentlichung
(wer)
Luxembourg Income Study (LIS)
(wo)
Luxembourg
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Dollar, David
  • Kleineberg, Tatjana
  • Kraay, Aart
  • Luxembourg Income Study (LIS)

Entstanden

  • 2014

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