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We model a higher education system that admits students according to their admission signal (e.g., matriculation GPA, SAT), which is, in turn, affected by their cognitive ability and socioeconomic background. We show that subsidizing education loans increases neither human capital stock nor...
Persistent link: https://www.econbiz.de/10011613138
The purpose of this paper is to analyse the growth performance of the Cameroonian economy from independence in 1960 to … the promotion of a stronger and sustainable economic growth in Cameroon. …
Persistent link: https://www.econbiz.de/10010434428
After many years of relatively slow growth, Tanzania's national accounts data report accelerated aggregate growth since … around 2000. Our analysis shows that there has been somewhat slower growth in private consumption and in sectors such as …
Persistent link: https://www.econbiz.de/10010528633
An influential paper by Berg et al., 'Redistribution, inequality, and growth: new evidence', uses the SWIID data to … examine the impact of inequality and redistribution on growth in both developing and developed countries. It finds that while … inequality is harmful for growth, redistribution does not hamper growth. This comment demonstrates that the redistribution and …
Persistent link: https://www.econbiz.de/10012299793
outcomes: economic growth, health and education as two dimensions of human development, and governance, with a focus on …
Persistent link: https://www.econbiz.de/10012432946
This study analyses the lack of robust conclusions about the association between inequality and economic growth. On the … inequality and unequal opportunity. The relative index of inequality of opportunity is used as explanatory variable in the growth … regression equation. To find out the direction of causality, we also estimate inequality equation by taking growth as an …
Persistent link: https://www.econbiz.de/10013334719
relationship between inequality and growth, the role of agriculture in the development process, the relationships between ethnicity …
Persistent link: https://www.econbiz.de/10010249771
How to explain rising income and wealth inequality? We build an original heterogeneous-agent model with three key features: (i) an explicit link between firm's market power and top income shares, (ii) a granular representation of the tax and transfer system, and (iii) three assets with...
Persistent link: https://www.econbiz.de/10013384710
Thirty years after the "Washington Consensus", is there a new policy consensus that addresses the problem of inequality? This paper argues that there is widespread acceptance that multiple, interrelated and mutually reinforcing inequalities exist - in income, wealth, education, health, power,...
Persistent link: https://www.econbiz.de/10014338520
This paper uses pseudo panel techniques and a fixed effects estimator to analyse the determinants of preferences for redistribution in 34 European countries over the period 2002-2012. The data is drawn from the six available waves of the European Social Survey. The main result is that changes in...
Persistent link: https://www.econbiz.de/10011417134