We discuss the sustainability of Chinese high growth relative to growth experience elsewhere, and specifically Soviet … Russia in the 1950s to the 1960s by asking if the aggregate technology can eventually similarly constrain high growth … that the substitution elasticity is greater than one. We then discuss how sub aggregate high growth can occur when there …

We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …

productive and active VC industry boosts innovation driven growth. …

This paper surveys the empirical literature on the association between growth on inequality in less developed countries …, with a particular emphasis on labor market inequality. Cross-country studies failed to find a clear link from growth to … inequality increases with growth. The paper argues that the methodologies used in many of the empirical applications, designed to …

partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined … income data from the Luxembourg Income Study suggests that there is a negative relationship between growth and income …

A Schumpeterian growth model is constructed for an economy with wage bargaining. It is shown that the economy is … growth rate of the economy decreases. The growth cycle can be socially optimal. An elasticity rule is given for when the …

We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the … gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy. …

only when the policy instrument is successful in smoothing the growth rate of human capital. …

growth-environment-policy link. The context is a dynamic general equilibrium model of endogenous growth, in which private … observed persistent differences in growth among LDCs with similar fundamentals and endowments. …