| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5084220 | International Review of Economics & Finance | 2008 | 6 Pages |
Abstract
The Dollar-Kraay result (that the income elasticity of the lowest quintile's income is essentially one) is identified as a statistical artifact related to the irregular sampling intervals in their data. Corrected results suggest an asymmetric response to growth versus decline.
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Richard Ashley,