-homothetic preferences in a general-equilibrium model of endogenous growth and international trade between two countries, and argue that the … inequality across countries. We find that if inequality across countries is low, the extensive margin of trade between countries … is high whereas the world growth rate is low. The introduction of non-homothetic preferences rises a number of …

and market size effects. The inequality–growth relationship depends on how mass production affects productivity; and on …We study a model of growth and mass production. Firms undertake either product innovations that introduce new luxury … more narrow range of low-quality mass products. In this framework, inequality affects the composition of R&D through price …

strong incentives for product innovations (new luxuries). We show that the inequality-growth relationship depends on which …We study a model of endogenous growth where firms invest both in product and process innovations. Product innovations … balanced growth path. …

We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities … growth model. …

In this chapter we inspect economic mechanisms through which technological progress shapes the degree of inequality … among workers in the labour market. A key focus is on the rise of US wage inequality over the past 30 years. However, we … also pay attention to how Europe did not experience changes in wage inequality but instead saw a sharp increase in …

The theoretical literature on endogenous growth and international trade suggests that comparative advantage is …

importantly, will it have an impact on steady-state growth rates? This paper provides empirical evidence showing how countries … have exhibited substantial increases in their growth rates over the past century while concurrently increasing the extent … can have on long-run growth rates. Among the results of the model, unilateral liberalization by one country will generate …