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Human Capital, Growth and Inequality in Transition Economies

Spagat, Michael - C.E.P.R. Discussion Papers - 2002

possible implications of this key fact by surveying and adapting literature on growth and inequality. I focus especially on the …

Persistent link: https://www.econbiz.de/10005136494

Inequality, Democracy and the Emergence of Institutions

Gradstein, Mark - C.E.P.R. Discussion Papers - 2004

This Paper considers the emergence of institutions as a political outcome, arguing that the support for protection of … and growth. In a very unequal economy, however, this growth-enhancing democratization will not take place. These …

Persistent link: https://www.econbiz.de/10005792258

Race v. Suffrage: The Determinants of Development in Mississippi

Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2011

-2000 period. Our main conclusion is that race, rather than political institutions and education policies, is the main force …

Persistent link: https://www.econbiz.de/10009321839

Slavery, Education, and Inequality

Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2010

We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...

Persistent link: https://www.econbiz.de/10008680759

De Jure and de Facto Determinants of Power: Evidence from Mississippi

Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2012

We evaluate the empirical relevance of de facto vs. de jure determinants of political power in the U.S. South between the end of the nineteenth and the beginning of the twentieth century. We apply a variety of estimation techniques to a previously unexploited dataset on voter registration by...

Persistent link: https://www.econbiz.de/10011084306

Institutions and the Historical Roots of Latin American Divergence

Bértola, Luis - C.E.P.R. Discussion Papers - 2010

In this essay we analyze the relation between long-term growth and institutional development. Relative backwardness has … industrializing world was already wide and widened during the first decades after Independence. While Latin America resumed growth … after the 1870s, the absolute gap continued to grow, as it did in 1913-1950 in spite of relatively good growth rates. In the …

Persistent link: https://www.econbiz.de/10008468602

Inequality and Institutions

Chong, Alberto; Gradstein, Mark - C.E.P.R. Discussion Papers - 2004

This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a model in which the two dynamically reinforce each other and set to test this relationship with a broad array of institutional measures. We establish the double causality between...

Persistent link: https://www.econbiz.de/10005124033

The Effects of Technical Change on Labour Market Inequalities

Hornstein, Andreas; Krusell, Per; Violante, Giovanni L - C.E.P.R. Discussion Papers - 2005

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...

Persistent link: https://www.econbiz.de/10005504683

Growth and Human Capital: A Network Approach

Cavalcanti, Tiago; Giannitsarou, Chryssi - C.E.P.R. Discussion Papers - 2015

We study the interactions and dynamics of human capital, growth and inequality by explicitly embedding networks into a … standard endogenous growth model with overlapping generations. The human capital of a household depends on investment in … often. During transition, (i) high overall growth is achieved when the network has high degree centralization and the most …

Persistent link: https://www.econbiz.de/10011201356

The World Distribution of Productivity: Country TFP Choice in a Nelson-Phelps Economy

Färnstrand Damsgaard, Erika; Krusell, Per - C.E.P.R. Discussion Papers - 2010

effects of its own investment, while treating other countries' investments as given. Average world growth is endogenous, as is …

Persistent link: https://www.econbiz.de/10008642880