In this paper, we study some of the properties of a discrete-time version of the two-class model of growth and …

economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of … triggered the transition from stagnation to growth and the associated phenomenon of the great divergence in income per capita … across countries has been widely viewed as one of the most significant challenges facing researchers in the field of growth …

Gini coefficient and to increase average income, growth, and income of the poor. However, some non-linearites are detected …

aggregate relations. This paper establishes a bridge between the aggregation and the inequality and growth literature by … applying a log-linear aggregation method to a simple heterogeneous AK growth model. The aggregation effect is explicitly … captured in the growth equation by the changes of the mean logarithmic deviation (MLD or Theil’s second measure) of the income …

economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of …-unified growth models with the main characteristics of the process of development across most of human history induced growth … modern era of sustained economic growth, and the recent transition between these distinct regimes. Unified growth theory …

distribution, growth and international specialization. The model is explored both for the steady- state properties and the … transitory dynamics of integrated economies. Income inequality affects the patterns of growth and international specialization as …

This paper surveys the economic literature on the links between finance, law and growth in the Central and Eastern … based on an adequate legal system it can positively contribute to economic growth. However, the financial system in CEE …

example, it has been proposed that greater inequality is associated with lower growth, because of the greater redistribution …

The econometric analysis of economic growth has always been subject to major flaws and shortcomings. Data scarcity and … reliability, parameter heterogeneity, omitted variables bias, endogeneity problems, ... have seriously tainted estimation results … between income inequality and economic growth in a number of OECD countries in a cointegrated VAR-setting. Our results suggest …

In this paper, we have obtained closed-form solutions in Cass-Koopmans growth models with heterogeneous agents. The … relationship to determine what production structure is simultaneously consistent with facts on growth and income inequality. Our …