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From Physical to Human Capital Accumulation : Inequality in the Process of Development
Galor, Oded; Moav, Omer - 2002
This paper develops a unified theory for the dynamic implications of income inequality on the process of development …. The proposed theory argues that the replacement of physical capital accumulation by human capital accumulation as a prime … of growth and equality, in the presence of credit constraints, stimulates investment in human capital and promotes …
Persistent link: https://www.econbiz.de/10014142213
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Factor substitution, income distribution, and growth in a generalized neoclassical model
Irmen, Andreas; Klump, Rainer - 2007 - This Version: October 16, 2007
We analyze a generalized neoclassical growth model that combines a normalized CES production function and possible asymmetries of savings out of factor incomes. This generalized model helps to shed new light on a recent debate concerning the impact of factor substitution and income distribution...
Persistent link: https://www.econbiz.de/10003592897
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Education, growth and income inequality
Teulings, Coen N.; Rens, Thijs van - 2001
Persistent link: https://www.econbiz.de/10001639506
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Inequality and growth : goal conflict or necessary prerequisite?
García-Peñalosa, Cecilia - 2008
Persistent link: https://www.econbiz.de/10003773546
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Economic growth
De la Croix, David - 2014
Persistent link: https://www.econbiz.de/10010484341
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Technological change and inequality in the very long run
Madsen, Jakob Brøchner; Strulik, Holger - 2020
In this paper we investigate the impact of technological change on inequalityin the presence of a landed elite using a standard unified growth model. We measure inequality by the ratio between land rent and wages and show that, before the onset of the fertility transition, technological progress...
Persistent link: https://www.econbiz.de/10012204880
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Occupational choice and the dynamics of human capital, inequality and growth
Dvorkin, Maximiliano A.; Monge-Naranjo, Alexander - 2019
We construct a dynamic general equilibrium model with occupation mobility, human capital accumulation and endogenous assignment of workers to tasks to quantitatively assess the aggregate impact of automation and other task-biased technological innovations. We extend recent quantitative general...
Persistent link: https://www.econbiz.de/10011998090
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Human capital, income inequality and economic variables : a panel data estimation from a region in Indonesia
Suhendra, Indra; Istikomah, Navik; Ginanjar, Rah Adi Fahmi - In: Journal of Asian finance, economics and business : JAFEB 7 (2020) 10, pp. 571-579
Persistent link: https://www.econbiz.de/10012671446
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Solow and the States : Capital Accumulation, Productivity and Economic Growth
Holtz-Eakin, Douglas - 1992
, especially efforts to raise the rate of investment. Recent studies of economic growth have raised a debate over the role played … by the investment rate in the long-run performance of the economy. Evidence from the states suggests that the effects of … physical capital investment …
Persistent link: https://www.econbiz.de/10012474826
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Deterministic and Stochastic Three-Sector Dynamic Growth Model with Endogenous Labor Supply
Dobrescu, Loretti; Neamtu, Mihaela; Opris, Dumitru - 2012
This paper explores the stability of the stationary state for a dynamic growth model with wealth and human capital accumulation. Knowledge is created through research and learning-by-doing, while the time allocation between labor and leisure is endogenized. We analyze the model in both its...
Persistent link: https://www.econbiz.de/10014041760