„h Australia¡¦s surge in productivity growth in the 1990s fuelled an acceleration in growth in total income and average … income (income per person in Australia). ¡V Annual average income growth accelerated from 1.4 per cent in the 1970s and 1980s … income growth of the 1990s was distributed evenly between labour (wages and salaries) and capital (profits). The labour and …

with household microdata. In doing so, we tackle several econometric and data problems that are generally recognized to … bias parameter estimates. This is obviously relevant, as obtaining correct price and income responses is essential if they … sources for a long time period and choose a demand system with flexible income and price responses. We also estimate the model …

The cyclical behavior of hours worked, wages, and consumption does not conform with the prediction of the … representative agent with standard preferences. The residual in the intra-temporal first-order condition for commodity consumption …

captured in the growth equation by the changes of the mean logarithmic deviation (MLD or Theil’s second measure) of the income …, implying that increases in income inequality may be unambiguously associated with temporary increases in a country’s growth …-run effects of income inequality may suffer from aggregation bias if the temporary effects of the MLD changes are not considered …

This paper explores the role of group heterogeneity in collective action among forest communities in northwestern … Himalayas. Based on data from 54 forest communities in Himachal Pradesh, India, this paper finds that heterogeneity has at least … that cooperation need not depend on caste parochialism, that very high levels of wealth heterogeneity can reduce …