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This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10010284035
This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and economic growth since the emergence of the human species. This uni...ted theory encompasses the observed evolution of population, technology and income per capita in the long...
Persistent link: https://www.econbiz.de/10005196962
Conventional wisdom about the relationship between income distribution and economic development has been subjected to dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial for economic development, the Neoclassical...
Persistent link: https://www.econbiz.de/10010284077
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and shape of one's earnings profile. We estimate cohort size effects on earnings profiles and further assess whether these … that there are significant cohort effects on the earnings profile which are fairly consistent across gender but not across … education levels. Large cohorts have a higher overall earnings level than small cohorts. Cohorts born in an upswing of a boom …
Persistent link: https://www.econbiz.de/10010321635
Using employer-employee data covering the whole Swedish economy over a uniquely long time period from 1986 to 2002, we examine how job flows and worker flows have been distributed both on an aggregate level and across educational levels. We find that job and worker flows vary by educational...
Persistent link: https://www.econbiz.de/10010317963
Using employer-employee data covering the whole Swedish economy over a uniquely long time period from 1986 to 2002, we examine how job and worker flows have been distributed across age groups. We find that job and worker flows vary by age groups, not only with respect to magnitude and variation,...
Persistent link: https://www.econbiz.de/10005196942
and shape of one´s earnings profile. We estimate cohort size effects on earnings profiles and further assess whether these … there are significant cohort effects on the earnings profile which are fairly consistent across gender but not across … education levels. Large cohorts have a higher overall earnings level than small cohorts. Cohorts born in an upswing of a boom …
Persistent link: https://www.econbiz.de/10005190494