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Factor Shares and Savings In Endogenous Growth

Bertola, Giuseppe - C.E.P.R. Discussion Papers - 1991

This paper studies the distributive effects of growth when different agents' income is drawn from accumulated and non-accumulated factors of production in different proportions. It also notes that political interactions may contribute to determine factor shares and growth when income sources are...

Persistent link: https://www.econbiz.de/10005791498

Education, Income Distribution, and Growth: The Local Connection

Bénabou, Roland - C.E.P.R. Discussion Papers - 1994

emerge. First, minor differences in education technologies, preferences, or wealth, can lead to a high degree of … inequality in education and income more persistent across generations. Whether the same is true of inequality in total wealth … richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education …

Persistent link: https://www.econbiz.de/10005661649

The Evolution of Modern Educational Systems: Technical Vs. General Education, Distributional Conflict and Growth

Bertocchi, Graziella; Spagat, Michael - C.E.P.R. Discussion Papers - 1998

and general education, with a superior social status attached to general. The resulting dynamic political equilibrium is … best summarized by the ratio of vocational to general education, which we interpret as a measure of the degree of … vocational education at the expense of general. …

Persistent link: https://www.econbiz.de/10005504686

Technological Progress, Mobility, and Economic Growth

Galor, Oded; Tsiddon, Daniel - C.E.P.R. Discussion Papers - 1996

This paper analyses the relationship between technological progress, intergenerational earnings mobility, and economic growth. The analysis demonstrates that the interplay between technological progress and two components that determine individual earnings – parental human capital and...

Persistent link: https://www.econbiz.de/10005124238

Workers, Machines and Economic Growth

Zeira, Joseph - C.E.P.R. Discussion Papers - 1995

This paper models technology adoption as replacing workers by machines, which perform the same job in the production process. The paper shows that such modelling of technology adoption affects significantly the analysis of economic growth. This model can explain large and persistent...

Persistent link: https://www.econbiz.de/10005504740

Unified Growth Theory

Galor, Oded - EconWPA - 2005

This chapter examines the process of development from an epoch of Malthusian stagnation to a state of sustained economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per capita, technology, and population over the entire...

Persistent link: https://www.econbiz.de/10005556052

Inequality, Growth, and Overtaking

Sugimoto, Yoshiaki - EconWPA - 2005

This research develops a theory about the role of within-country income inequality leading to overtaking in economic performance among countries. The theory captures two opposing effects of inequality on factor accumulation and suggests that the qualitative change in their combined effect is a...

Persistent link: https://www.econbiz.de/10005556070

Human Capital Distribution, Technological Progress, and Economic Growth

Galor, Oded; Tsiddon, Daniel - C.E.P.R. Discussion Papers - 1994

This paper analyses the interaction between the distribution of human capital, technological progress, and economic growth. It demonstrates the significant role of the distribution of human capital in the process of economic development. The evolutionary pattern of the human capital...

Persistent link: https://www.econbiz.de/10005666952

Convergence? Inferences from Theoretical Models

Galor, Oded - C.E.P.R. Discussion Papers - 1996

This essay suggests that the convergence controversy may reflect, in part, differences in perception regarding the viable set of competing testable hypotheses generated by existing growth theories. It argues that in contrast to the prevailing wisdom, the traditional neo-classical growth paradigm...

Persistent link: https://www.econbiz.de/10005661641

Distributive Politics and Economic Growth

Alesina, Alberto F; Rodrik, Dani - C.E.P.R. Discussion Papers - 1991

This paper studies the relationship between political conflict and economic growth in a simple model of endogenous growth with distributive conflicts. We study both the case of two `classes' (workers and capitalists) and the case of a continuum distribution of agents, characterized by their...

Persistent link: https://www.econbiz.de/10005281292