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One or Many Kuznets Curves? Short and Long Run Effects of the Impact of Skill-Biased Technological Change on Income Inequality

Grimalda, Gianluca F.; Vivarelli, Marco - 2021

income inequality in the long run. Small scale Kuznets curves, driven by sectoral business cycles, may also be detected in …-growth steady state. Although the long-term trend is one of decreasing inequality, small-scale Kuznets curves may be detected even … underlying factors of inequality, and the evolution of a more comprehensive measure of inequality than the one normally used, are …

Persistent link: https://www.econbiz.de/10013319149

The implications of automation for economic growth and the labor share

Prettner, Klaus - 2016

We introduce automation into a standard model of capital accumulation and show that (i) there is the possibility of perpetual growth, even in the absence of technological progress; (ii) the long-run economic growth rate declines with population growth, which is consistent with the available...

Persistent link: https://www.econbiz.de/10011555095

The implications of automation for economic growth and the labor share of income

Prettner, Klaus - 2016

We introduce automation into the standard Solovian model of capital accumulation and show that (i) there is the possibility of perpetual growth, even in the absence of technological progress; (ii) the long-run economic growth rate declines with population growth, which is consistent with the...

Persistent link: https://www.econbiz.de/10011458839

Potential switchovers in comparative advantage : patterns of industrial convergence

Landesmann, Michael; Stehrer, Robert - 2000

Although there exists a vast literature on convergence and divergence of income levels across countries or regions at the aggregate level, there is only little work on convergence and/or diver- gence processes of productivity and wage levels at the more disaggregated industrial level. These are...

Persistent link: https://www.econbiz.de/10009750855

Source country economic development and dynamics of the skill composition of emigration

Idu, Roxana - In: Economies : open access journal 7 (2019) 1/18, pp. 1-18

This paper presents an endogenous growth model of migration and technological diffusion with transitional dynamics, which provide explanations for the empirical pattern of the mobility transition. A two-skill group extension of this model offers new hypotheses regarding the skill composition of...

Persistent link: https://www.econbiz.de/10012020516

Structural transformation and income distribution : kuznets and beyond

Kanbur, Ravi - 2017

relevant to understanding current phenomena like the evolution of Chinese inequality. The paper shows how the Kuznetsian … framework can be used, for example, in predicting the differential relationship between urbanization and inequality in India … versus China, in assessing the detail of the contribution of sectoral mean and inequality evolution to overall inequality …

Persistent link: https://www.econbiz.de/10011631507

Macroeconomic conditions and wage inequality : expanding and analyzing the worldwide dataset

Lee, Saiah - In: Annals of economics and finance 24 (2023) 2, pp. 329-362

Persistent link: https://www.econbiz.de/10014518918

On the mechanics of economic convergence

Steger, Thomas M. - 2003

In macroeconomic dynamic models the speed at which output converges to its steady state is of outstanding interest. Theoretical investigations usually focus on the asymptotic speed of convergence only. This procedure is, however, unnecessarily restrictive and hides important information. The...

Persistent link: https://www.econbiz.de/10001772528

Transitional dynamics in R&D-based models of endogenous growth

Steger, Thomas M. - 2002

Persistent link: https://www.econbiz.de/10001691228

Endogenous growth and cycles with a continuum of technologies

Horii, Ryo (contributor) - 2001 - [Elektronische Ressource]

When a continuum of technologies is introduced to the model of Grossman and Helpman (1991), both continuous and discrete technological progress may occur as a result of technology choices by private firms. A good is created through R&D based on one of a continuum of technologies that differ in...

Persistent link: https://www.econbiz.de/10001644322