Showing 1 - 10 of 41,768
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
Persistent link: https://www.econbiz.de/10003362241
Persistent link: https://www.econbiz.de/10003314001
Persistent link: https://www.econbiz.de/10003494899
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 …
Persistent link: https://www.econbiz.de/10011525674
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 …
Persistent link: https://www.econbiz.de/10011409838
Persistent link: https://www.econbiz.de/10011513980
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 …
Persistent link: https://www.econbiz.de/10010486797
We analyze the interaction between human capital and growth in Russia, where there are substantial human capital … reserves but an education system seriously out of sync with the world economy. We define a rule for the timing of educational … inequality. We demonstrate that if restructuring is not implemented very early in the transition process, then it is likely to be …
Persistent link: https://www.econbiz.de/10014072630
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 …
Persistent link: https://www.econbiz.de/10011525663