Volatility widens inequality. Could aid and remittances help?
Lisa Chauvet
(1, 2)
,
Marin Ferry
(2, 1, 3)
,
Patrick Guillaumont
(4)
,
Sylviane Guillaumont Jeanneney
(4)
,
Sampawende J.-A. Tapsoba
(5)
,
Laurent Wagner
(4)
1
DIAL -
Développement, institutions et analyses de long terme
2 LEDa - Laboratoire d'Economie de Dauphine
3 Institut de Recherche pour le Développement (IRD)
4 FERDI - Fondation pour les Etudes et Recherches sur le Développement International
5 IMF - "Research Department International Monetary Fund (IMF)"
2 LEDa - Laboratoire d'Economie de Dauphine
3 Institut de Recherche pour le Développement (IRD)
4 FERDI - Fondation pour les Etudes et Recherches sur le Développement International
5 IMF - "Research Department International Monetary Fund (IMF)"
Résumé
We analyse the relationship between income volatility and inequality and the conditional role played by aid and remittances. Using a panel of 142 countries for the period 1973–2012, we confirm a well-established finding among the literature that income volatility has an adverse impact on inequality, and that the poorest people are the most exposed to these fluctuations. However, while aid and remittances do not seem to have a clear direct impact on inequality, we uncover robust evidence that suggests that aid helps dampen the negative effects of volatility on the distribution of income, while remittances do not.
Format du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Résumé |
en
We analyse the relationship between income volatility and inequality and the conditional role played by aid and remittances. Using a panel of 142 countries for the period 1973–2012, we confirm a well-established finding among the literature that income volatility has an adverse impact on inequality, and that the poorest people are the most exposed to these fluctuations. However, while aid and remittances do not seem to have a clear direct impact on inequality, we uncover robust evidence that suggests that aid helps dampen the negative effects of volatility on the distribution of income, while remittances do not.
|
Titre |
fr
Volatility widens inequality. Could aid and remittances help?
|
Auteur(s) |
Lisa Chauvet
1, 2
, Marin Ferry
2, 1, 3
, Patrick Guillaumont
4
, Sylviane Guillaumont Jeanneney
4
, Sampawende J.-A. Tapsoba
5
, Laurent Wagner
4
1
DIAL -
Développement, institutions et analyses de long terme
( 12772 )
- DIAL - 4 rue d'Enghien - 75010 Paris
- France
2
LEDa -
Laboratoire d'Economie de Dauphine
( 163511 )
- "Place du Maréchal de Lattre de Tassigny 75775 PARIS Cedex 16 "
- France
3
Institut de Recherche pour le Développement (IRD)
( 11609 )
- 213 rue Lafayette, 75480 Paris cedex 10, France
- France
4
FERDI -
Fondation pour les Etudes et Recherches sur le Développement International
( 185314 )
- 63, boulevard François-Mitterrand 63000 Clermont Ferrand
- France
5
IMF -
"Research Department International Monetary Fund (IMF)"
( 172451 )
- Postal: 700 19th Street, N.W., Washington DC 20431
- États-Unis
|
Audience |
Internationale
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Date de publication |
2019
|
Langue du document |
Anglais
|
Volume |
155
|
Numéro |
1
|
Mots-clés (JEL) |
|
Domaine(s) |
|
Mots-clés |
fr
Volatility, Inequality, Aid, Remittances
|
DOI | 10.1007/s10290-018-0331-7 |
Base Horizon | fdi:010075195 |
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