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(Re-)distribution of personal incomes, education and economic performance across countries
Rehme, Günther - 2002
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this …
Persistent link: https://www.econbiz.de/10011409838
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Climate change expectations and endogenous economic growth in the DICE model
Ciesielski, Anna - 2019
This paper studies the investment based growth rate effects of climate change. The analysis is based on the Integrated Assessment Model DICE by Nordhaus (2008). I depart from the original model, in that endogenous investments into a knowledge stock drive economic growth. Due to a negative...
Persistent link: https://www.econbiz.de/10012038982
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Growth gains from trade
Marjit, Sugata; Basu, Anwesha; Veeramani, C. - 2019 - This Draft: October, 2019
in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and …
Persistent link: https://www.econbiz.de/10012120367
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The great divergence : a network approach
Lindner, Ines; Strulik, Holger - 2015
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … knowledge throughout the world explains a period of increasing world inequality after the take-off of the forerunners of the … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the …
Persistent link: https://www.econbiz.de/10011397182
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Nature, power, and growth
Thorvaldur Gylfason - 2001
This essay reviews the relationship between natural-resource abundance and economic growth around the world, and …
Persistent link: https://www.econbiz.de/10011397924
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Growth and trade with frictions : a structural estimation framework
Anderson, James E.; Larch, Mario; Yotov, Yoto V. - 2015
. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011298529
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Credit booms, debt overhang and secular stagnation
Illing, Gerhard; Ono, Yoshiyasu; Schlegl, Matthias - 2017
Why do advanced economies fall into prolonged periods of economic stagnation, particularly in the aftermath of credit booms? We present a model of persistent aggregate demand shortage based on strong liquidity preferences of households, in which we incorporate financial imperfections to study...
Persistent link: https://www.econbiz.de/10011774952
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Pricing carbon and adjusting capital to fend off climate catastrophes
Ploeg, Frederick van der; Zeeuw, Aart de - 2018
Persistent link: https://www.econbiz.de/10011896487
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Natural resources and economic growth : what is the connection?
Thorvaldur Gylfason - 2001
This paper reviews the relationship between natural resources and economic growth, and stresses how natural capital tends to crowd out foreign capital, social capital, human capital, andphysical capital, thereby impeding economic growth across countries and presumably also over time....
Persistent link: https://www.econbiz.de/10011399567
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Do foreign aid transfers distort incentives and hurt growth? : theory and evidence from 75 aid-recipient countries
Oikonomidēs, Geōrgios; Kalyvitēs, Sarantēs; … - 2004
In this paper, foreign aid transfers can distort individual incentives, and hence hurt growth, by encouraging rent-seeking as opposed to productive activities. We construct a model of a small growing open economy that distinguishes two effects from foreign transfers: (i) a direct positive...
Persistent link: https://www.econbiz.de/10011402546