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In this article, we review the literature focusing on the relationships between inequality and economic growth. We show that wealth inequality may be bad for growth, in particular when capital markets are imperfect and agents are heterogenous, or when some agents suffer from institutional...
Persistent link: https://www.econbiz.de/10005176525
Persistent link: https://www.econbiz.de/10005600664
Can public policy affect culture, such as beliefs and norms of cooperation? We investigate this question by evaluating how state regulation of minimum wage interacts with unionization behavior and social dialogue. International data shows a negative correlation between union density and the...
Persistent link: https://www.econbiz.de/10008924667
Cette étude s’inscrit dans la littérature récente sur les déterminants de la croissance selon la position des pays par rapport à la frontière technologique. Outre les effets additifs de l’éducation et des régulations sur les marchés des biens et du travail, elle explore une possible...
Persistent link: https://www.econbiz.de/10008924677