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focuses on neoclassical growth in order to ensure tractability in identifying a steady state. The steady state income … distribution is found to be bimodal. Public education offers higher growth to the poor in the transition to the steady state …
Persistent link: https://www.econbiz.de/10014121317
education vouchers for economic growth and the evolution of income inequality. The results indicate that introducing education … vouchers can increase economic growth. Families that switch from public to private education due to vouchers experience higher …This paper uses a growth model with public and private education alternatives to investigate the implications of …
Persistent link: https://www.econbiz.de/10014089359
Does redistribution increase inequality? Is inequality harmfiil for growth? Both questions have recently been addressed … in a number of single-tax models. In this paper, I examine the relationship between policy, growth and inequality when …. Redistributive labor income taxation has a negative impact on short- and long-run growth and inequality while capital taxation …
Persistent link: https://www.econbiz.de/10009774711
Persistent link: https://www.econbiz.de/10013388126
The literature on income inequality and growth has considered credit market imperfection to be a key factor in …
Persistent link: https://www.econbiz.de/10012721528
between income distribution and economic growth, can be replaced by an assumption that the bequest function is convex with …
Persistent link: https://www.econbiz.de/10014139381
Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio …-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are …-2011), we identify the causal effect of intergenerational mobility on household expenditure’s future growth. We find that …
Persistent link: https://www.econbiz.de/10011962601
This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in training, but did not do so because of a random...
Persistent link: https://www.econbiz.de/10010508580
This paper analyzes the returns to training that was co-financed by the German voucher program Bildungsprämie. The estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in training, but did not do so because of a random...
Persistent link: https://www.econbiz.de/10010510646
This paper analyzes the returns to training that was co-financed by the German voucher program "Bildungsprämie". The estimation strategy compares outcomes of participants in voucher training with voucher recipients who intended to participate in training, but did not do so because of a random...
Persistent link: https://www.econbiz.de/10010519112