Showing 1 - 10 of 462
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality data and special attention to the role of transition countries. We base our analysis on the specification of Forbes (2000), but also address the functional form concerns raised...
Persistent link: https://www.econbiz.de/10011536734
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality data and special attention to the role of transition countries. We base our analysis on the specification of Forbes (2000), but also address the functional form concerns raised...
Persistent link: https://www.econbiz.de/10011454086
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality data and special attention to the role of transition countries. We base our analysis on the specification of Forbes (2000), but also address the functional form concerns raised...
Persistent link: https://www.econbiz.de/10011536688
The paper presents a model where the interplay between fertility, child labour, and education can explain economic stagnation when parents live in an environment of high child mortality. If in contrast child mortality is low, the solution of the parental decision problem leads to perpetual...
Persistent link: https://www.econbiz.de/10005823540
This paper proposes a theory for the gradual evolution of knowl-edge diffusion and growth over the very long run. A feedback mechanismbetween capital accumulation and the ease of knowledge diffusion explains along epoch of (quasi-) stasis and an epoch of high growth linked by a grad-ual economic...
Persistent link: https://www.econbiz.de/10009302602
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period...
Persistent link: https://www.econbiz.de/10013001168
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Growth is generated through human capital accumulation and knowledge externalities. The available knowledge in any country depends on its connections to the rest of...
Persistent link: https://www.econbiz.de/10013057264
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Growth is generated through human capital accumulation and knowledge externalities. The available knowledge in any country depends on its connections to the rest of...
Persistent link: https://www.econbiz.de/10013057390
This paper presents the long-run equilibrium and development dynamics in the neoclassical growth model and a simple model of endogenous growth when property rights are absent. The results are compared to the outcome in a corresponding model with secure property rights. The main findings are that...
Persistent link: https://www.econbiz.de/10014064272
We generalize the result of Alesina and Rodrik (1994) by showing that their static solution is also a time consistent Stackelberg solution of a differential game between the government and the median voter
Persistent link: https://www.econbiz.de/10014064275