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Growth and Human Capital: A Network Approach

Cavalcanti, Tiago; Giannitsarou, Chryssi - C.E.P.R. Discussion Papers - 2015

We study the interactions and dynamics of human capital, growth and inequality by explicitly embedding networks into a standard endogenous growth model with overlapping generations. The human capital of a household depends on investment in education and on average human capital of the...

Persistent link: https://www.econbiz.de/10011201356

Inequality, Environmental Protection and Growth

Marsiliani, Laura; Renström, Thomas I - C.E.P.R. Discussion Papers - 2003

We analyse how, in representative democracies, income distribution influences the stringency of environmental policy and economic growth. Individuals (who differ in abilities) live for two periods, working when young and owning capital when old. Externalities are caused by a polluting factor....

Persistent link: https://www.econbiz.de/10005791379

Well-being Inequality and Reference Groups: An Agenda for New Research

Praag, Bernard M. S. van - Institute for the Study of Labor (IZA) - 2010

In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...

Persistent link: https://www.econbiz.de/10008480917

The Poverty of Growth with Interdependent Utility Functions

Salamon, Peter; Komlos, John - Volkswirtschaftliche Fakultät, … - 2005

We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.

Persistent link: https://www.econbiz.de/10005649774

A fair pivotal mechanism for nonpecuniary public goods

Pivato, Marcus - Volkswirtschaftliche Fakultät, … - 2011

The Clarke pivotal mechanism is inappropriate for nonpecuniary public goods, because the assumption of quasilinear … utility is invalid, and because the mechanism gives disproportionate influence to wealthier voters. But by introducing a … mechanism is `fair' in the sense that the voters in different strata all have equal influence (on average) over the outcome …

Persistent link: https://www.econbiz.de/10009359924

Asset-Centred Redistributive Policies for Sustainable Development

Kohler, Pierre - Volkswirtschaftliche Fakultät, … - 2014

The objective of this discussion paper is to propose an asset-centred analytical framework for (i) mapping the most important redistributive policy tools that shape the distribution of income and income-generating assets (such as human capital and wealth, including land, industrial or financial...

Persistent link: https://www.econbiz.de/10011109126

Inequality, Inequity Aversion, and the Provision of Public Goods

Kölle, Felix; Sliwka, Dirk; Zhou, Nannan - Institute for the Study of Labor (IZA) - 2011

We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are inequity averse and may differ in ability. We show that equality may lead to a reduction of public good provision below levels generated by purely selfish agents. But introducing...

Persistent link: https://www.econbiz.de/10008839287

Growth and Inequality in Public Good Games

Gächter, Simon; Mengel, Friederike; Tsakas, Elias; … - Institute for the Study of Labor (IZA) - 2014

In a novel experimental design we study public good games with dynamic interdependencies. Each agent's income at the end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously allowing us to address new questions regarding their...

Persistent link: https://www.econbiz.de/10010959700

Forbidden Fruits: The Political Economy of Science, Religion, and Growth

Bénabou, Roland; Ticchi, Davide; Vindigni, Andrea - C.E.P.R. Discussion Papers - 2015

We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...

Persistent link: https://www.econbiz.de/10011262883