uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It … impact of higher inequality on the aggregate human capital stock, and thus, on growth may be positive. This result rests on …

Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a … top decile's income share is associated with a statistically significant 0.12 point rise in GDP growth during the … inequality is permanent, the increase in growth appears to be permanent. However, our estimates imply that it would take 13 years …

growth. For that purpose higher education must strengthen its innovative power in entrepreneurship education and by focusing …

such a net brain gain results in an increase in welfare and growth due to education’s positive externalities. This paper …) the impact on welfare and growth is smaller as well (for any brain gain size); iii) a positive brain gain is likely to … the stock of human capital may have a negative impact on welfare and growth; and v) in a dynamic framework, the paper …

and growth rates should be lower in countries that rely on a military draft to recruit their army personnel. For OECD …

lower GDP growth per year on average. These estimated costs increase for candidates with serious accusations, multiple …