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Inequality and growth : the dual role of human capital in development

Eicher, Theo S. - 2000

To examine how human capital accumulation influences both economic growth and income inequality, we carefully endogenize the demand and supply of skills. We explicitly introduce the costs and externalities in education, and examine how both relate to learning-by-doing and R&D intensity. In...

Persistent link: https://www.econbiz.de/10009781636

Immigration and economic growth in the OECD countries 1986 - 2006

Boubtane, Ekrame; Dumont, Jean-Christophe; Rault, Christophe - 2015

This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986-2006 and relies on a unique data set we compiled that allows us to distinguish net migration of the native- and foreign-born populations by skill level. Specifically, after...

Persistent link: https://www.econbiz.de/10010533072

Unemployment and the direction of technical change

Casey, Gregory - 2024

I construct and analyze a growth model in which technical change can increase unemployment. I first analyze the forces … that deliver a constant steady state unemployment rate in this setting. Labor-saving technical change increases … unemployment, which lowers wages and creates incentives for future investment in labor-using technologies. In the long run, this …

Persistent link: https://www.econbiz.de/10014583789

Growth and enduring epidemic diseases

Bell, Clive (contributor); Gersbach, Hans (contributor) - 2006

Persistent link: https://www.econbiz.de/10003364203

Distribution and growth in an economy with limited needs

Saint-Paul, Gilles - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10011398011

Steady-state growth and the elasticity of substitution

Irmen, Andreas - 2010

In a neoclassical economy with endogenous capital- and labor-augmenting technical change the steady-state growth rate of output per worker is shown to increase in the elasticity of substitution between capital and labor. This confirms the assessment of Klump and de La Grandville (2000) that the...

Persistent link: https://www.econbiz.de/10003938203

Redistribution or education? : the political economy of the social race

Bernasconi, Michele (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003496522

Religion and growth

Becker, Sascha O.; Rubin, Jared; Woessmann, Ludger - 2023

We use the elements of a macroeconomic production function-physical capital, human capital, labor, and technology-together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that religion can enhance or impinge upon economic...

Persistent link: https://www.econbiz.de/10014383297

The complementary between technology and human capital in the early phase of industrialization

Franck, Raphaël; Galor, Oded - 2015 - This Version: July 21st, 2015

The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that in contrast to conventional wisdom that views early industrialization as a predominantly...

Persistent link: https://www.econbiz.de/10011309633

Technical change and unemployment : policy responses and distributional considerations

Moutos, Thomas; Scarth, William M. - 2002

increase the unemployment rate. We then discuss a number of policy responses (tax cuts, direct government employment of the … unskilled, employment subsidies to firms for hiring the unskilled, increased generosity of unemployment insurance) under …

Persistent link: https://www.econbiz.de/10011409777

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