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This paper provides an additional channel through which inequality may influence growth, when labor migration is taken …, 2004) shows that a brain drain can have a positive impact only when it is associated with low inequality (in income or …
Persistent link: https://www.econbiz.de/10004984917
This paper provides evidence of the changing attitudes to inequality during transition to the market in Poland. Using … repeated cross-sections of the population, it identifies a structural break in the relationship between income inequality and … satisfaction. Whereas in the first stage of the transition process, an increase in income inequality was interpreted by the …
Persistent link: https://www.econbiz.de/10008914765
of worker. Our analysis reveals that the effects of a liberalization on human capital accumulation, income and inequality … 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality decreases … identifying assumptions. We also analyze partial liberalization shocks: effi ciency and inequality e¤ects are roughly proportional …
Persistent link: https://www.econbiz.de/10011075068
Abstract: The first challenge for economic growth theory is to understand the transition from stagnation to growth at the time of the Industrial Revolution and in particular to identify the main factor(s) that triggered the take-off. Doing so also helps to understand why there are poor and rich...
Persistent link: https://www.econbiz.de/10010961076