This paper estimates a panel model in which the relationship between inequality and gross domestic product per capita growth depends on countries' initial incomes. Estimates of the model show that the...
This paper presents estimates of the relationship between the share of income accruing to the middle class and gross domestic product per capita of economies from the Association of Southeast Asian Nations...
The Growth Challenge of Latin America andthe Caribbean shows that Latin America and the Caribbean's growthperformance over the past decade cannot be reduced to the commodityboom: growth-promoting reforms...
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. The empirical analysis addresses endogeneity issues...