MARC Record from Library of Congress

LEADER: 02131nam a22003257a 4500
001 2005705510
003 DLC
005 20060112153839.0
007 cr |||||||||||
008 060112s2006 dcu sb i000 0 eng
010 $a 2005705510
040 $aDLC$cDLC
050 00 $aHG3881.5.W57
100 1 $aLopez, J. Humberto.
245 12 $aA normal relationship ? poverty, growth, and inequality$h[electronic resource] /$cHumberto Lopez, Luis Serven.
260 $a[Washington, D.C. :$bWorld Bank,$c2006]
490 1 $aPolicy research working paper ;$v3814
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 1/12/2006.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"Using a large cross-country income distribution dataset spanning close to 800 country-year observations from industrial and developing countries, the authors show that the size distribution of per capita income is well approximated empirically by a lognormal density. The null hypothesis that per capita income follows a lognormal distribution cannot be rejected-although the same hypothesis is unambiguously rejected when applied to per capita consumption. The authors show that lognormality of per capita income has important implications for the relative roles of income growth and inequality changes in poverty reduction. When poverty reduction is the overriding policy objective, poorer and relatively equal countries may be willing to tolerate modest increases in income inequality in exchange for faster growth-more so than richer and highly unequal countries. "--World Bank web site.
650 0 $aIncome distribution$vCase studies.
650 0 $aPoverty$vCase studies.
650 0 $aEconomic development$vCase studies.
700 1 $aServen, Luis.
710 2 $aWorld Bank.
830 0 $aPolicy research working papers (Online) ;$v3814.
856 40 $uhttp://econ.worldbank.org/external/default/main?pagePK=64165259&theSitePK=469372&piPK=64165421&menuPK=64166093&entityID=000016406_20060110164713