Vollmer, Sebastian; Holzmann, Hajo; Ketterer, Florian; … - 2013
We examine the joint distribution of levels of income per capita, life expectancy, and years of schooling across … three groups; one underdeveloped group remaining near 1960 levels, a developed group with higher levels of education, income … of a new “middle income trap” that countries face even if they escape the “low income trap”, as well as the notion that …