Why does inequality vary across societies? We advance the hypothesis that in a market economy, where earning … differentials reflect variations in productive traits, a significant component of the differences in income inequality across societies …. The roots of income inequality within the US population provide supporting evidence for the hypothesis. It suggests that …

This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich … globally engaged firms is their heightened response to the crisis by finding novel ways to adapt supply chains even in the …

necessarily mean that giving money to women is a good development policy. We show that depending on the nature of the production … function, targeting transfers to women may be beneficial or harmful to growth. In particular, such transfers are more likely to …

economic development, and find that democracies grow faster than autocracies. Furthermore, we illustrate how the estimation …

examine a commonly used empirical growth model, considering aid modality as well as different measures of political and fiscal …, while the growth impact of other aid types is not generally conditional on decentralization. We therefore conclude that …

, private investment in children's health and education and human capital accumulation. I have used a growth model with …