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political link between income inequality and growth. In this paper, we explain this contrast and argue that in a democracy, when … redistribution is in the form of government expenditure on education, and government expenditure does not crowd out private …
Persistent link: https://www.econbiz.de/10005670327
We are interested in the relation between Gini coefficients of education, educational variables, and growth. We specify … a system of 14 difference equations with lagged dependent variables in education variables, as well as a growth … tertiary education will go beyond 90%, and therefore drive transitional growth rates and average years of schooling to high …
Persistent link: https://www.econbiz.de/10010712236
This paper examines the role of public education in the context of parental migration, and it studies the effects of an … expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy … on education does not make up for the negative effects of increased parental absences. However, if the migration …
Persistent link: https://www.econbiz.de/10003944305
This paper examines the role of public education in the context of parental migration, and it studies the effects of an … expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy … on education does not make up for the negative effects of increased parental absences. However, if the migration …
Persistent link: https://www.econbiz.de/10013146464
Students around the world are going to school but are not learning – an emerging gap in human capital formation. To understand this gap, this paper introduces a new data set measuring learning in 164 countries and territories. The data cover 98 percent of the world's population from 2000 to...
Persistent link: https://www.econbiz.de/10012891976
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
This research exploits novel evidence on current and historical inequality dynamics, as well as an instrumental variable (IV) strategy (founded on historical settler mortality à la Acemoglu et al.), to document the fundamental role of income redistribution through taxes and transfers in...
Persistent link: https://www.econbiz.de/10013235206
outcomes: economic growth, health and education as two dimensions of human development, and governance, with a focus on … democracy. Drawing on the insights from different disciplines and considering recent work, it reveals that existing evidence …
Persistent link: https://www.econbiz.de/10012432946
This study offers fresh insights on and investigates the effects of corruption on foreign direct investment (FDI) inflow from 1995 to 2009 in 16 Asian economies. The empirical result suggests that a 1 percent increase in corruption level triggers an approximately 9.1 percentage point decrease in...
Persistent link: https://www.econbiz.de/10013097348
This chapter uses data from the 1992/93 and 1997/98 Vietnam Living Standards Surveys (VLSS) to describe patterns of money transfers between households. Rapid economic growth during the 1990's did little to diminish the importance of private transfers in Vietnam. Private transfers are large and...
Persistent link: https://www.econbiz.de/10004968863