Against the background of inconclusive evidence about the inequality–growth relation, this paper suggests that the … inequality negatively affects economic growth. We expand the model presented by Galor and Zeira (1993) to represent the fact that … that education plays a significant role in the divergence of household wealth over time and that the government’s financial …

The relationship between education and economic growth has been one of the fundamental themes of economic analysis …. Despite the growing interest in the relationship between growth and education, and despite the strong theoretical foundations … for a key role of education/human capital in economic growth, the empirical evidences, particularly those using causality …

workforce. The education system churns out students that are not immediately employable and skill up-gradation on the job is low … outcomes are not favoring the expectations of the labor force. While 56 percent of the higher education institutes are devoted … percent, seven percent and six percent of total institutes respectively. The dominance of general education has prevented the …

This paper makes a brief analysis of education in general and of agricultural profile in particular, and highlights … framework, without research and education, without technical progress. On Measure the economic development, educational … institutions suffer changes of functions, adapting to specific needs of the moment. In traditional societies, education refers to …

intergenerational altruism among Italian households. The Italian socio-economic framework represents an interesting ground to test for … altruism. Further, I evaluate how restrictive is the assumption of a zero correlation between the clan’s Euler errors and the …

A complexity of a pension reform realization in a country with high level of intergenerational altruism is considered … as a reason of a failure of the pension reform in Russia. Differences between intergenerational altruism levels in Russia … altruism and pension system are analyzed. Successful transition from pay-as-you go pension system to fully funded one is shown …

households have heterogeneous preferences, there is a balanced growth path on which all the optimality conditions of all …―sacrifice and altruism, and interventions by the authority are justified. Sustainable heterogeneity indicates that globalization …