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The Effect of Inequality on (Human) Development – Insights from a Panel Analysis of the Human Development Index

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dc.contributor Royuela Mora, Vicente
dc.contributor Castells-Quintana, David
dc.creator Thiel, Fabian
dc.date 2016-07-08T05:33:53Z
dc.date 2016-07-08T05:33:53Z
dc.date 2016-06
dc.date.accessioned 2024-12-16T10:22:42Z
dc.date.available 2024-12-16T10:22:42Z
dc.identifier http://hdl.handle.net/2445/100229
dc.identifier.uri http://fima-docencia.ub.edu:8080/xmlui/handle/123456789/14766
dc.description Treballs Finals del Màster d'Economia, Facultat d'Economia i Empresa, Universitat de Barcelona, Curs: 2015-2016, Tutors: Vicente Royuela ; David Castells-Quintana
dc.description In this paper we connect two of the main and current lines of research in the development and economic growth literature: The analysis of the effect and transmission channels of inequality on economic growth and the discussion about the necessity for a broader development and prosperity measure. We estimate the effect of net income inequality on the Human Develop-ment Index and its components in a panel of 117 countries over the period of 1970 to 2010. In doing so, we find evidence for (1) a negative long-run effect and (2) different short-run im-pacts of inequality on the different dimensions of development: A positive short-run effect on economic development, but a negative one on education outcomes, hinting at particular transmission channels. In addition, we detect (3) that those effects can be even more pro-nounced with low levels of development, reconciling seemingly conflicting previous findings in the literature. Moreover, (4) we find some evidence suggesting that the impact of inequality on human development is negatively dependent on the prevailing level of inequality. Finally, we highlight and discuss some interesting directions for future and subsequent research based on our work.
dc.format 27 p.
dc.format application/pdf
dc.language eng
dc.rights cc-by-nc-nd (c) Thiel, 2016
dc.rights http://creativecommons.org/licenses/by-nc-nd/3.0/es
dc.rights info:eu-repo/semantics/openAccess
dc.source Màster Oficial - Economia
dc.subject Creixement econòmic
dc.subject Igualtat
dc.subject Recursos humans
dc.subject Economia de mercat
dc.subject Treballs de fi de màster
dc.subject Economic growth
dc.subject Equality
dc.subject Human capital
dc.subject Market economy
dc.subject Master's theses
dc.title The Effect of Inequality on (Human) Development – Insights from a Panel Analysis of the Human Development Index
dc.type info:eu-repo/semantics/masterThesis


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