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This paper analyses the dynamics of return to knowledge where knowledge is acquired through the combination of interactive and individual learning. We suggest that in light of this new definition of knowledge, choosing the optimal level of education is no longer an individual exercise of present...
Persistent link: https://www.econbiz.de/10005408325
aggregate relations. This paper establishes a bridge between the aggregation and the inequality and growth literature by …, 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 …
Persistent link: https://www.econbiz.de/10005555988
penetration. Keywords: cross-section models, income distribution, inequality, international economic order, economic welfare …
Persistent link: https://www.econbiz.de/10005556011
The effect of initial income inequality on growth is the subject of a large literature. We show, both analytically and … with simulation experiments, that the same level of initial income inequality can be associated with very different income … developments, depending on the source of the inequality. We consider three sources: differences in asset ownership, in productivity …
Persistent link: https://www.econbiz.de/10005556712
This article uses data from the 1998 European Union Household Panel to study economic inequality in Spain. It reports … data on the Spanish distributions of income, labor income, and capital income, and on related features of inequality, such …
Persistent link: https://www.econbiz.de/10005556786
This paper uses census data to identify the main changes in the individual-level income distribution of working-aged Mâori between 1991 and 2001, and to analyse the effects of changes in the distribution of socio-demographic attributes and labour market activity patterns on the Mâori income...
Persistent link: https://www.econbiz.de/10005556817
LISTE EINIGER WICHTIGER ABKÜRZUNGEN 4 ZUM GELEIT 6 EINFÜHRUNG UND PROBLEMAUFRISS - INTERNATIONALE SOZIALPOLITIK BEDEUTET FÖRDERUNG DER KONVERGENZ DER LEBENSBEDINGUNGEN 7 TEIL A: SOZIALRECHT UND SOZIALPOLITIK DER EU 14 1) ENTWICKLUNGSLINIEN UND GRUNDPRINZIPIEN DER EUROPÄISCHEN SOZIALPOLITIK...
Persistent link: https://www.econbiz.de/10005556821
While standard political economy theories suggest a moderating effect of democratization on income inequality … first, that prevailing ideology may be an important determinant of inequality and, second, that the democratization effect … income groups, hence democratization may have only a negligible effect on inequality. We find this to be true for Confucian …
Persistent link: https://www.econbiz.de/10005556925
inequality, both within and across countries. We find that the welfare costs of inequality are significantly larger than the …-capita consumption, the costs of within-country and cross-country inequality are equivalent to a permanent reduction in per … positive rate of 2.1%) in exchange for the elimination of all within-country inequality. The gains of economic growth are …
Persistent link: https://www.econbiz.de/10005561141
(COMPUTABLE)GENERAL EQUILIBRIUM APPROACH, THAT IS A RENEW ATTENTION TO THE PROBLEM OF POVERTY , EMPLOYMENT AND INEQUALITY THAT EARLIER STRATEGIES …
Persistent link: https://www.econbiz.de/10005561515