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inequality (+1.2 percentage points in the Theil inequality index). Much greater effects can be obtained if total factor …
Persistent link: https://www.econbiz.de/10011075063
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
, on global efficiency and cross-country inequality in football. I built a micro-founded model endogenizing migration … decisions, inequality and training; I estimated its structural parameters; and I used numerical simulations to compare actual … by 20% (ii) increased cross-leagues inequality in performance by 25% in terms of output, and (iii) decreased inequality …
Persistent link: https://www.econbiz.de/10010733661
quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor …
Persistent link: https://www.econbiz.de/10011075062
live in the same community but segregate by schooling. When inequality is smaller, we observe the typical sorting by income … across communities. The effect of inequality on the quality of public schools depends on the relative size of the housing … market of each community. When inequality increases, if the housing conditions of the community in which rich and poor …
Persistent link: https://www.econbiz.de/10010541428
Beyond natural sterility, there are two main types of childlessness: one driven by poverty and another by the high opportunity cost to child-rearing. We argue that taking childlessness and its causes into account matters for assessing the impact of development policies on fertility. We measure...
Persistent link: https://www.econbiz.de/10011265925
We study the optimal dynamics of an AK economy where population is uniformly distributed along the unit circle. Locations only differ in initial capital endowments. Despite constant returns to capital, we prove that transition dynamics will set in. In particular, we prove that the...
Persistent link: https://www.econbiz.de/10008515823
We develop a model to study the effects of migration and remittances on inequality in the origin communities. While … wealth inequality is shown to be monotonically reduced along the time-span, the short-and the long-run impacts on income … inequality may be of opposite signs, suggesting that the dynamic relationship between migration/remittances and inequality may …
Persistent link: https://www.econbiz.de/10004984687
Since Collier and Hoeffler (1998, 2004), it has been supported that inequality, measured at national level, does not … inequality in localized conflicts. We argue that previous findings might be biased by the myopic nature of cross-country analysis …. Consistently with the model, Probit estimations indicate that income inequality measured at municipal level was significant in …
Persistent link: https://www.econbiz.de/10004984796