factors in the growth and increasing wage inequality in an advanced economy (the UK) since 1979. Calibration of a model to … for both growth and inequality. Calibrated TFP growth is consistent with the results from nonparametric growth accounting … more problems to modelling inequality than with growth: in particular, the main models in the literature, which take skill …

In this paper we adopt both a nonparametric and a semi-parametric IV estimator to show that the relationship between … inflation and output growth is non-linear and that there exists a threshold level below which inflation has no effects on growth. …

This paper examines the long-run effect of foreign aid on income inequality for 21 recipient countries using panel … cointegration techniques to control for omitted variable and endogeneity bias. We find that aid exerts an inequality increasing …

inequality, and find that the regions that had the highest increase in international migration are also the regions where the … diffusion hypothesis. A fixed effects analysis of the effects of migration and remittances on in inequality at the village level …, however, fails to support this hypothesis, indicating that most changes in inequality have occurred within rather than between …

systematically overestimate output growth (across all countries) masks considerable differences across different business … overestimate growth), while forecasts for recoveries are subject to a positive systematic forecast error. Forecasts made for … relationship between a change in trend growth rates and forecast bias, as suggested in the literature, breaks down when only …

We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values …, capital mobility has a large impact on income growth. …