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Schumpeterian Entrepreneurs Meet Engel's Law: The Impact of Inequality on Innovation-Driven Growth

Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

This paper analyses the impact of inequality on growth when technical progress is driven by innovations. It is assumed … that consumers have hierarchic preferences. As a result inequality affects demand and therefore the incentive to innovate …. Whether more inequality is harmful or beneficial for growth depends on the initial distribution. Complementarities between a …

Persistent link: https://www.econbiz.de/10005667010

The Macroeconomics of Model T

Foellmi, Reto; Wuergler, Tobias; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2009

strong incentives for product innovations (new luxuries). We show that the inequality-growth relationship depends on which …

Persistent link: https://www.econbiz.de/10008502580

Innovation and Growth with Rich and Poor Consumers

Brunner, Johann K; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

This paper studies the impact of income inequality on the level of innovative activity in a model where innovations …

Persistent link: https://www.econbiz.de/10005656323

Income Distribution and Demand-Induced Innovations

Foellmi, Reto; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2005

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

The Cash Opportunity of Childbearing: An Approach Using British Data

Joshi, Heather - C.E.P.R. Discussion Papers - 1987

The opportunity costs of rearing British children, in terms of cash earnings forgone by their mother, are estimated for a typical family. Data from the 1980 Women and Employment Survey provide estimates for hourly pay as a function of work experience and current hours of work. In addition, these...

Persistent link: https://www.econbiz.de/10005792397

Pay Differences Between Men and Women: Longitudinal Evidence from the 1946 Birth Cohort

Joshi, Heather; Newell, Marie-Louise - C.E.P.R. Discussion Papers - 1987

The MRC National Survey of Health and Development provides data on the hourly pay of males and females at age 26 in 1972 and in 1977. These have been subjected to regression analysis to see how far the gap between men's and women's pay is statistically explicable by (a) a "human capital" model...

Persistent link: https://www.econbiz.de/10005504211

Participation in Paid Work: Multiple Regression Analysis of the Women and Employment Survey

Joshi, Heather - C.E.P.R. Discussion Papers - 1985

Models to explain the chances of economic activity, employment and full-time work in a national cross-section of British women in 1980 in terms of a number of demographic and economic variables are estimated by OLS. Marital status differentials are minor once the presence of dependent children...

Persistent link: https://www.econbiz.de/10005661763