Publication:
Unequal Opportunity, Unequal Growth

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dc.contributor.authorMarrero, Gustavo A.
dc.contributor.authorRodriguez, Juan Gabriel
dc.contributor.authorvan der Weide, Roy
dc.date.accessioned2016-11-01T13:59:00Z
dc.date.available2016-11-01T13:59:00Z
dc.date.issued2016-10
dc.description.abstractThis paper argues that inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. Similarly, high levels of income inequality may be due to a variety of different factors; some of these may be good while others may be bad for growth. The paper tests this hypothesis by “unpacking” both inequality and growth. Total inequality is decomposed into inequality of opportunity, due to observed factors that are beyond the individual's control, and residual inequality. Growth is measured at different steps of the income ladder to verify whether low, middle, and top income households fare differently in societies with high (low) levels of inequality. In an application to the United States covering 1960 to 2010, the paper finds that inequality of opportunity is particularly bad for growth of the poor. When inequality of opportunity is controlled for, the importance of total income inequality is dramatically reduced. These results are robust to different measures of inequality of opportunity and econometric methods.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/10/26854147/unequal-opportunity-unequal-growth
dc.identifier.doi10.1596/1813-9450-7853
dc.identifier.urihttps://hdl.handle.net/10986/25298
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7853
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectinequality
dc.subjectinequality of opportunity
dc.subjectopportunity
dc.subjectgrowth
dc.subjectpoverty
dc.subjectpoor
dc.titleUnequal Opportunity, Unequal Growthen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleUnequal Opportunity, Unequal Growth
okr.date.disclosure2016-10-11
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/10/26854147/unequal-opportunity-unequal-growth
okr.guid473031476192890227
okr.identifier.doi10.1596/1813-9450-7853
okr.identifier.externaldocumentum090224b0846160e6_1_0
okr.identifier.internaldocumentum26854147
okr.identifier.reportWPS7853
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/473031476192890227/pdf/WPS7853.pdfen
okr.region.countryUnited States
okr.topicPoverty Reduction::Inequality
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.unitPoverty and Inequality Team, Development Research Group
relation.isAuthorOfPublicationc405b12a-6ae7-5b6a-a708-1f9aa2435c0d
relation.isAuthorOfPublication.latestForDiscoveryc405b12a-6ae7-5b6a-a708-1f9aa2435c0d
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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