Weak Instruments in Growth Regressions : Implications for Recent Cross-Country Evidence on Inequality and Growth
This paper revisits four recent cross-country empirical studies on the effects of inequality on growth. All four studies report strongly significant negative effects, using the popular system generalized method of moments estimator that is frequent...
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Language: | English en_US |
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World Health Organization
2015
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Online Access: | http://documents.worldbank.org/curated/en/2015/11/25462798/weak-instruments-growth-regressions-implications-recent-cross-country-evidence-inequality-growth http://hdl.handle.net/10986/23456 |