Showing 1 - 10 of 28
This study explores to what extent migration has contributed to improved living standards of individuals in Tanzania. Using a 13-year panel survey, the authors find that migration between 1991 and 2004 added 36 percentage points to consumption growth. Although moving out of agriculture resulted...
Persistent link: https://www.econbiz.de/10008530383
strong incentives for product innovations (new luxuries). We show that the inequality-growth relationship depends on which …
Persistent link: https://www.econbiz.de/10008502580
possible implications of this key fact by surveying and adapting literature on growth and inequality. I focus especially on the …
Persistent link: https://www.econbiz.de/10005136494
inequality impact of demographic transitions? …
Persistent link: https://www.econbiz.de/10011083629
We utilize Schmookler’s (1966) concept of demand-induced invention to study the role of income inequality in an … distribution of income affects the incentive to innovate and hence long-run growth. In general, less inequality tends to discourage …
Persistent link: https://www.econbiz.de/10005656426
-country panel data on income inequality to estimate the private return and GDP data to estimate the social return. The results show …
Persistent link: https://www.econbiz.de/10005661700
This paper's point of departure is that low-quality institutions, concentration of political power, and underdevelopment are persistent over time. Its analytical model views an equal distribution of political power as a commitment device to enhance institutional quality thereby promoting growth....
Persistent link: https://www.econbiz.de/10005497846
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment agents produce revenue by working on a tedious task. Principals decide how this revenue is allocated between themselves and their agents. In this environment unfairness can arise...
Persistent link: https://www.econbiz.de/10009144731
We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with different levels of migration frictions. We...
Persistent link: https://www.econbiz.de/10011252617
of poverty within and across countries. The joint determination of the quality (education) and quantity of children in …
Persistent link: https://www.econbiz.de/10005667134