inequality (+1.2 percentage points in the Theil inequality index). Much greater effects can be obtained if total factor …

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 …

short run fluctuations and decreases the convergence speed to the steady states. …

innovation rates, and by extension on the economic growth rate. We demonstrate that a higher share of the population being poor … is detrimental to the rate of economic growth, while a redistribution of wealth from rich to poor consumers increases the …

-Schumpeterian endogenous growth model, it is shown that the intellectual appropriation share of new commercial valuable idea by private firms … way the endogenous per capita output growth rate. The existence of a trade off between the per capita output growth rate … allows to have better growth performance even if public R&D investment crowds out private innovative effort. A gain a trade …

A prediction of the endogenous growth models with quality ladders is that there exists a negative relation between … growth and the degree of market competition. The aim of this article is to shed light on the relation between competition and … growth when horizontal and vertical innovations can simultaneously occur by adopting the structure of the patent race model …