We introduce distributive justice into a simple model of growth and distribution. Two groups ("classes") of otherwise … supplies one unit of labour inelastically and desires a wage; and that the labour share impacts growth negatively in our "AK … conflict is resolved by the two positive and three normative criteria we consider. Thus, the macroeconomy (growth, factor …

This paper offers a reappraisal of the impact of migration on economic growth for 22 OECD countries between 1986 … capital on GDP per capita, and second, a permanent increase in migration ows has a positive effect on productivity growth …. However, the growth impact of immigration is small even in countries that have highly selective migration policies. …

document a significant negative effect of international sanctions on GDP growth and its components (consumption, investment …

national borders and road networks. We first explore how a potential disruption of connectivity through an international border …? This paper takes a granular approach to identify the role of connectivity on economic activity due to severe weather. We … affects local spillovers in case of a weather shock. Second, we use road infrastructure as a proxy for overall connectivity to …

specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small … intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical …

-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong …

growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …

We develop an endogenous growth model to quantify how permanent structural policy changes that enhance the fiscal … policy mix, markets' functioning, and public institutions' quality affect long-term growth and welfare. The reforms include … and welfare gains along the transition and balanced growth paths. In contrast, a lower markup in the research sector hurts …

We study the effects of time-using rent-seeking activities on the macroeconomic allocation and the economic growth rate … ensures that the model features endogenous growth. The rewards to rent-seeking accrue during youth and part of the additional …-seeking increases the steady-state economic growth rate in the benchmark model. We identify three main mechanisms affecting the growth …