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model education simultaneously affects growth and income inequality. More human capital may increase or decrease growth but …This paper offers a supply-side explanation of the variation in long-run growth and inequality across countries. In the … higher (within-country) inequality is associated with lower growth in rich countries, even when controlling for initial …
Persistent link: https://www.econbiz.de/10013216937
This paper offers a supply-side explanationof the cross-country variation in long-run growth and inequality. In the … model human capital is "lumpy" and public education directly affects growth, the number of high-skilled people and wages. …
Persistent link: https://www.econbiz.de/10005697672
Persistent link: https://www.econbiz.de/10003362241
Persistent link: https://www.econbiz.de/10003494899
Persistent link: https://www.econbiz.de/10003314001
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 …
Persistent link: https://www.econbiz.de/10011335189
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 …
Persistent link: https://www.econbiz.de/10010270563
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 …
Persistent link: https://www.econbiz.de/10011276834
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 …
Persistent link: https://www.econbiz.de/10009691019
In this paper education simultaneously affects growth and income inequality. More education does not necessarily … decrease inequality when the latter is assessed by the Lorenz dominance criterion. Increases in education first increase and … then decrease growth as well as income inequality, when measured by the Gini coefficient. There is no clear functional …
Persistent link: https://www.econbiz.de/10010335457