An empirical test of the inequality trap concept
The paper uses a GMM estimation to prove the impact of equity on inequality persistence which suggests the presence of inequality trap, and underline the significant influence of the credit market, wealth and education access initial levels.
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- Richard Blundell & Steve Bond, 1995.
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- Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
- R Blundell & Steven Bond, "undated". "Initial conditions and moment restrictions in dynamic panel data model," Economics Papers W14&104., Economics Group, Nuffield College, University of Oxford.
- Blundell, R. & Bond, S., 1995. "Initial Conditions and Moment Restrictions in Dynamic Panel Data Models," Economics Papers 104, Economics Group, Nuffield College, University of Oxford.
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- Tom Doan, "undated". "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- James K. Galbraith & Hyunsub Kum, 2003. "Inequality and Economic Growth: A Global View Based on Measures of Pay," CESifo Economic Studies, CESifo, vol. 49(4), pages 527-556.
- Angus Deaton, 2003.
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- Deaton, A., 2001. "Health, Inequality, and Economic Development," Papers 200, Princeton, Woodrow Wilson School - Development Studies.
- Angus Deaton, 2001. "Health, Inequality, and Economic Development," NBER Working Papers 8318, National Bureau of Economic Research, Inc.
- Angus Deaton, 2002. "Health, inequality, and economic development," Working Papers 270, Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Health and Wellbeing..
- Angus Deaton, 2002. "Health, inequality, and economic development," Working Papers 209, Princeton University, Woodrow Wilson School of Public and International Affairs, Research Program in Development Studies..
- Angus Deaton, 2016. "Health, Inequality and Economic Development," Working Papers id:8791, eSocialSciences.
- Bourguignon, Francois & Ferreira, Francisco H. G. & Walton, Michael, 2006.
"Equity, Efficient and Inequality Traps: A Research Agenda,"
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rwp06-025, Harvard University, John F. Kennedy School of Government.
- François Bourguignon & Francisco Ferreira & Michael Walton, 2007. "Equity, efficiency and inequality traps: A research agenda," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 5(2), pages 235-256, August.
- François Bourguignon & Francisco Ferreira & Michael Walton, 2007. "Equity, efficiency and inequality traps: A research agenda," Post-Print halshs-00754212, HAL.
- Azariadis, Costas & Stachurski, John, 2005.
Handbook of Economic Growth,
in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 5
- Steve Bond, 2002. "Dynamic panel data models: a guide to microdata methods and practice," CeMMAP working papers CWP09/02, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
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