Showing 1 - 10 of 400
firm's marginal production costs. We test the theory by exploiting the opening of a high-speed (Shinkansen) train line in …
Persistent link: https://www.econbiz.de/10011262884
human history induced growth theorists to advance an alternative theory that captures in a single unified framework the … distinct regimes. Unified growth theory reveals the underlying micro foundations that are consistent with the growth process … over the entire history of the human species, enhancing the confidence in the viability of the theory, its predictions and …
Persistent link: https://www.econbiz.de/10005497992
This paper develops a simple model of human capital accumulation and community formation by heterogeneous families, which provides an integrated framework for analysing the local determinants of inequality and growth. Five main conclusions emerge. First, minor differences in education...
Persistent link: https://www.econbiz.de/10005661649
This Paper analyses the economic issues associated with human cloning and new reproductive technologies. We analyse the incentives for human cloning and its implications for the long run distribution of skills and income. We analyse models of human cloning for different motives, focusing on...
Persistent link: https://www.econbiz.de/10005666464
This paper analyses the interaction between the distribution of human capital, technological progress, and economic growth. It demonstrates the significant role of the distribution of human capital in the process of economic development. The evolutionary pattern of the human capital...
Persistent link: https://www.econbiz.de/10005666952
This Paper studies a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom; where within a given occupation it may harm some workers while...
Persistent link: https://www.econbiz.de/10005791349
change the international and national distribution of skills and thereby equality in the receiving society. This paper …
Persistent link: https://www.econbiz.de/10005791628
If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and depends positively on intellectual property, a social planner which cares about income distribution may in principle want to use a reduction in Intellectual Property Rights...
Persistent link: https://www.econbiz.de/10005791837
In this Paper, we analyse the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone's income can be appropriated by its model. Only people with the highest ability are cloned, while people at...
Persistent link: https://www.econbiz.de/10005792154
This paper analyses the relationship between technological progress, intergenerational earnings mobility, and economic growth. The analysis demonstrates that the interplay between technological progress and two components that determine individual earnings – parental human capital and...
Persistent link: https://www.econbiz.de/10005124238