Macroeconomic Effects of COVID-19 Across the World Income Distribution

Covid 19: The Worst Health Calamity Of The World

The world has experienced an increased incidence and transboundary spread of emerging infectious diseases due to population growth, urbanization and globalization over the past four decades. Most of these newly emerging and re-emerging pathogens are viruses. On an average, more than two new species of viruses infecting humans are reported worldwide every year most of which are likely to be RNA ...

A World of Changes: The Inheritance of COVID-19

The World Income Distribution

We show that even in the absence of diminishing returns in production and technological spillovers, international trade leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns: countries that accumulate capital faster than average experience declining export prices, depressing the rate of return to capital and discouraging fur...

Debraj Ray Income Distribution and Macroeconomic Behavior

There are an infinite number of generations, one at each date. In each period t a member of generation receives an income w, which depends on the proportions of the population in different skill categories, as well as the skill category to which this member belongs. This income is partly consumed and partly used in educating the offspring of this member. Depending on the education level of the ...

the effects of macroeconomic indicators on the income distribution in iran

in order to estimate the effects of the macrc~econornic indicators on the income distribution of iran, the time series data during the period of 1971-1991 were used. first the yammetric inequality indicators (the gini coefficients) were estimated for the years 1991-1972. the results show the lowest level of inequality in 1980 with g=0.42 and the highest level in 1982 with g=0.55. arzulysing the...