The perpetual inventory method used for the construction of education data per country leads to systematic measurement … education level between census data and observations constructed from enrolment data. We discuss a methodology for correcting …

While Korea remains one of the fastest-growing OECD economies, its potential growth rate per capita is projected to … decelerate from around 4% during the current decade to around 2¼ per cent during the 2030s. Sustaining growth requires policies … young people, improved vocational education at the secondary and tertiary levels would help overcome the labour mismatch …

Index of refraction is found to be a good measure of economic inequality within the Lorenz curve framework. It has …. While an index value of less than 1.00 represents an ‘anomalous refraction' in optics, such a condition of inequality …

partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined … inequality in rich countries. It is argued that using some unadjusted inequality measures in growth regressions may yield …

inequality-growth transmission channel they propose, must therefore be assessed as overly simplistic and inadequate with respect …This paper reconsiders the political economy approach to growth and distribution according to which (1) rising … inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary …

presence of inequality, however, it deviates or refracts from the ideal condition. In this paper, I try to measure economic … inequality from the index of refraction. First, I compute such an index for each stratum to evaluate condition in each and then … add all to propose an overall measure of economic inequality, which appears to be a standardised measure of the length of …

distributions and an empirical application with the estimation of personal income inequality in Luxembourg Income Study Database …