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  • Search: subject:"Human capital externality"
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Year of publication
Subject
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Human capital externality 3 human capital externality 2 Agglomeration effect 1 Agglomerationseffekt 1 Education policy 1 Externalities 1 Externer Effekt 1 Household registration system 1 Human capital 1 Humankapital 1 Kenya 1 Knowledge spillover 1 Occupational qualification 1 Panel data model 1 Populism 1 Qualifikation 1 Regional wage structure 1 Regionale Lohnstruktur 1 Skill complementarity 1 Sustainable economic growth 1 This paper develops a political economy model that provides an explanation as for why ruling elites in oligarquic societies may rely on income redistribution to the poor (the masses) in order to prevent them from attempting a revolution. We refer to this kind of redistribution as populist redistribution because 1 alternatively 1 and decreases with the relative importance of a human capital externality in production. The model explains why in some cases the use of an apparently ine cient policy of populist redistribution turns out to be optimal for both groups (the ruling elite and the poor class) when the alternative is to use of military repression or default to conflict 1 and second it seeks to “buy” political support (peace) to perpetuate the elite’s control of political power. We examine the conditions under which ruling elites choose to deter the poor (by means of military repression and/or populist redistribution) 1 conflict 1 democracy 1 earnings 1 education 1 first it does not increase the poor’s productive capacity (human capital) 1 health 1 if any 1 increases with initial wealth inequality and with the amount of redistribution that the poor can undertake under democracy 1 inequality 1 oligarchy 1 or 1 public provision of private goods 1 public-private partnership 1 returns to education 1 skill accumulation 1 tax progressivity 1
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Online availability
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Undetermined 3 Free 2
Type of publication
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Article 3 Book / Working Paper 3
Type of publication (narrower categories)
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Article in journal 1 Aufsatz in Zeitschrift 1
Language
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English 4 Undetermined 2
Author
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Caucutt, Elizabeth M. 1 De Fraja, Gianni 1 Imrohoroglu, Selahattin 1 Kimenyi, Mwangi S. 1 Kumar, Krishna B. 1 Liang, Wenquan 1 Lu, Ming 1 Manda, Damiano Kulundu 1 Mejía, Daniel 1 Meng, Xiangcai 1 Mwabu, Germano 1 Posada, Carlos Esteban 1 Ye, Azhong 1
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Institution
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Banco de la Republica de Colombia 1 C.E.P.R. Discussion Papers 1 Department of Economics, University of Connecticut 1
Published in...
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Annals of Economics and Finance 1 Borradores de Economia 1 CEPR Discussion Papers 1 China economic review : an international journal 1 Review of Economic Dynamics 1 Working papers / Department of Economics, University of Connecticut 1
Source
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RePEc 5 ECONIS (ZBW) 1
Showing 1 - 6 of 6
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Growth led by human capital in big cities : exploring complementarities and spatial agglomeration of the workforce with various skills
Liang, Wenquan; Lu, Ming - In: China economic review : an international journal 57 (2019), pp. 1-11
Persistent link: https://www.econbiz.de/10012317693
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Human Capital Externality, Knowledge Spillover, and Sustainable Economic Growth
Meng, Xiangcai; Ye, Azhong - In: Annals of Economics and Finance 10 (2009) 1, pp. 155-198
We attempt to introduce human capital externality and endogenous laborleisure decision into the analytical framework … supply, human capital externality and sustainable economic growth as well as the choice problem of government¡¯s education … the magnitude of human capital externality will work on the height of the steady state¡¯s growth rate on the balanced …
Persistent link: https://www.econbiz.de/10009207391
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Market and Public Provision in the Presence of Human Capital Externalities
De Fraja, Gianni - C.E.P.R. Discussion Papers - 2006
, depending on the nature of the human capital externality: private provision of the final goods and services provides stronger …
Persistent link: https://www.econbiz.de/10005124298
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Human Capital Externalities and Private Returns to Education in Kenya
Manda, Damiano Kulundu; Mwabu, Germano; Kimenyi, Mwangi S. - Department of Economics, University of Connecticut - 2004
We use micro data to analyse the effect of human capital externality on earnings and private returns to education. The … more from women's education than the women do from men's. The effects of human capital externality on private returns to …
Persistent link: https://www.econbiz.de/10005746075
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Growth and Welfare Analysis of Tax Progressivity in a Heterogeneous-Agent Model
Caucutt, Elizabeth M.; Imrohoroglu, Selahattin; Kumar, … - In: Review of Economic Dynamics 6 (2003) 3, pp. 546-577
In this paper, we use a general equilibrium model of endogenous growth in which there is heterogeneity in skill, income, and tax rates to evaluate the effect of progressivity of taxes on growth and welfare. In this framework, changes in the progressivity of tax rates can have positive growth...
Persistent link: https://www.econbiz.de/10005085552
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Populist Policies in the Transition to Democracy
Mejía, Daniel; Posada, Carlos Esteban - Banco de la Republica de Colombia
Persistent link: https://www.econbiz.de/10005113904
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