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In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10011349190
The potential interactions among fiscal policies, investments and economicgrowth are complex and manifold.In this paper, we will perform a systematic comparative analysis of the variouseconomic insights that arecurrently available on these complex relationships, both theoretically (by aselective...
Persistent link: https://www.econbiz.de/10011301152
Persistent link: https://www.econbiz.de/10001659005
theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between …. Furthermore, the results also support thehypothesis that inequality and investment rates are negatively correlated. …
Persistent link: https://www.econbiz.de/10011302623
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … knowledge with. We show how the diffusion of knowledge through the world explains the evolution of global income inequality. It … generates a "Great Divergence", that is increasing world inequality after the take-off of the forerunners of the industrial …
Persistent link: https://www.econbiz.de/10010253459
We present a multi-country theory of economic growth and R&D-driven technological progress in which countries are … inequality after the take-off of the forerunners of the industrial revolution, followed by decreasing relative inequality …
Persistent link: https://www.econbiz.de/10011688459
-biased technological progress and use cross-country panel data on inequality and GDP to test these ideas. A one-year increase in the level …
Persistent link: https://www.econbiz.de/10011325967
The issue of whether the public sector enhances or retards long-run economic growth has been debated passionately in recent years. In this paper we use meta-analysis to shed light on the issue. A sample of 93 published studies, yielding 123 meta-observations, is used to examine the robustness of...
Persistent link: https://www.econbiz.de/10011326403
This paper explores the determinants of deviations of ex-post budget outcomes from first-release outcomes published towards the end of the year of budget implementation. The predictive content of the first-release outcomes is important, because these figures are an input for the next budget and...
Persistent link: https://www.econbiz.de/10011386471
Persistent link: https://www.econbiz.de/10009126690