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productivity growth, i.e. “bad times,” increase the political support for more labor market rigidity only where labor appropriates …
Persistent link: https://www.econbiz.de/10005763652
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 …
Persistent link: https://www.econbiz.de/10005822202
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 …
Persistent link: https://www.econbiz.de/10008506067
We analyze the association between inequality and growth across 72 labor market regions in Sweden 1990-2006. Highly … accurate measures of growth and inequality (gini, Q3, p9075, p5010) are derived from population register data. The regional set …th and 75th percentiles enhances regional growth. This result no longer holds when we take into account changes in …
Persistent link: https://www.econbiz.de/10008839277
This essay starts, after a short introduction on the importance and dimensions of “inclusive growth”, with a brief …
Persistent link: https://www.econbiz.de/10010884390
This paper examines empirically the interaction between immigration and host country economic conditions. We employ panel VAR techniques to use a large annual dataset on 22 OECD countries over the period 1987-2009. The VAR approach allows to addresses the endogeneity problem by allowing the...
Persistent link: https://www.econbiz.de/10010885187
lower GDP growth per year on average. These estimated costs increase for candidates with serious accusations, multiple …
Persistent link: https://www.econbiz.de/10010959551
end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously …
Persistent link: https://www.econbiz.de/10010959700
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010959810
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the … microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to …
Persistent link: https://www.econbiz.de/10011273191