This paper develops a two-sector overlapping generations model in which one sector produces an externality on the environmental quality and the other has no effect. We assume that environmental quality degradation results from production activity of one sector. Then, we characterize the...

Nous considerons un modele dans lequel l'accumulation de capital huamin depend de deux inputs: l'effort prive d'education des individus et le poids du systeme educatif public represente par son taux d'encadrement. Ce dernier depend notamment du pourcentage d'enseignants qui est choisi par les...

This paper presents an endogenous growth models with intertemporally dependent preferences and "Ak" technology. We derive sufficient conditions for a balanced growth path to be an equilibrium, provide a full characterization of the equilibrium dynamics of the economy, and explore the...

We construct a R&D based endogenous growth model within an overlapping generations framework. We study the properties of the long run growth rate. We define endogenous growth as an equilibrium in which the long run growth rate is always stricly larger than zero. Then, we show that endogenous...

The paper analyses two cross-section national household surveys, relating to the years 1988 and 1995, to explain the rise in inequality of income that occured in Chine over those seven years. The Gini coefficient of household income per capita increased from 38 to 45 per cent, i.e. by 1,0...

We propose a particular channel through which inequality contaminates the resource allocation process and slows economic growth.

Why did the West grow so rapidly over the last 500 years, while much of therest of the world stagnated? And why several countries, especially in East Asia, grown so fast over the last half-century? If we can understand these growth experiences, and identify the forces which made them possible,...

The differences among the regions of Europe are not only those of income and employment, but there are many other important and different circumstances affecting social welfare: education, health, justice or public satisfaction with government institutions. The purpose of this paper will be to...

In this paper we argue that a better understanding of the relationship between inequality and growth can be obtained by shifting the analisys from the space of final achievements to the space of opportunities. To this end, we introduce the Opportunity Growth Incidence Curve, that can be used to...

This article investigates the incongruity between macroeconomic growth and poverty reduction or income distribution from a regional perspective, and relates it to the urbanization rates and the urban concentration. Using the case of the state of Ceara in Northeast Brazil, we find a persistent...