000 02112nam a2200349 a 4500
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008 060112s2006 dcu sb i000 0 eng
010 _a 2005705510
040 _aDLC
_cDLC
_dBD-DhBPA
050 0 0 _aHG3881.5.W57
082 _a339.2
_bLON 2006
100 1 _aLopez, J. Humberto.
_935021
245 1 2 _aA normal relationship ?
_cHumberto Lopez and Luis Serven.
_bpoverty, growth, and inequality /
260 _aWashington, D.C. :
_bWorld Bank,
_c2006
300 _a30 p. ;
_c23 cm.
490 1 _aPolicy research working paper ;
_v3814
500 _aTitle from PDF file as viewed on 1/12/2006.
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.
530 _aAlso available in print.
538 _aSystem requirements: Adobe Acrobat Reader.
538 _aMode of access: World Wide Web.
590 _aZahid
650 0 _aIncome distribution
_vCase studies.
_9107973
650 0 _aPoverty
_vCase studies.
_9107974
650 0 _aEconomic development
_vCase studies.
_9107975
700 1 _aServen, Luis.
_954996
710 2 _aWorld Bank.
_9107976
830 0 _aPolicy research working papers (Online) ;
_v3814.
_9107977
942 _2ddc
_cBK
999 _c37547
_d37547