This paper investigates how initial inequality can causally affect economic growth when moral hazard problems exist in … part, the negative relationship between initial inequality and long run growth is discovered, using cross-province data in … theoretical model empirically. Finally, we argue that this channel to bridge inequality and economic growth is more rural specific. …

dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator.No such effect is observed … when the inequality is increased by a fair procedure.Our regression analysis provides basic macroeconomic support for the … adverse growth effect of the interaction between the degree and the genesis of inequality.We conclude that economies giving …

Unemployment Insurance system on the demand for labor. We formulate a model of labor demand, based on the model by Bentolila and … inflow of older workers into unemployment. In the model, labor adjustment costs (hiring and firing costs) are linear. The … costs, accompanied by a decrease in unemployment insurance premium payments. Values for the model parameters are determined …

greater the productivity gap from the leader country, but differences in unemployment benefit systems can lead to relative … social welfare benefits generate high unemployment and reduce the amount of labour employed for R&D purposes. Furthermore, it …

among firms affects simultaneously growth and unemployment. On the one hand, an increase of the elasticity of substitution …