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Entrepreneurship and economic development : theory, evidence and policy

Naudé, Wim - 2013

entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights … from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between … entrepreneurship and development; and (iii) fresh insights for entrepreneurship policy for development that emerges from recent …

Persistent link: https://www.econbiz.de/10009774302

Inequality of opportunity and economic growth : a cross-country analysis

Ferreira, Francisco H. G.; Lakner, Christoph; Ana Lugo, … - 2014

Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...

Persistent link: https://www.econbiz.de/10010364975

Does wealth inequality matter for growth? : the effect of billionaire wealth, income distribution, and poverty

Bagchi, Sutirtha; Švejnar, Jan - 2013

A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth inequality from Forbes magazine's listing of billionaires and...

Persistent link: https://www.econbiz.de/10010211159

“Entrepreneurs out of necessity” : a snapshot

Poschke, Markus - 2010

"Entrepreneurs out of necessity" identified by the Global Entrepreneurship Monitor survey are a sizeable group across … market. This evidence is a challenge for existing theories of heterogeneous firms. -- Entrepreneurship ; firm size …

Persistent link: https://www.econbiz.de/10003959157

Innovation, inequality and a golden rule for growth in an economy with Cobb-Douglas function and an R&D sector

Welfens, Paul J. J. - 2015

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The combination of a macroeconomic production function and...

Persistent link: https://www.econbiz.de/10010510592

Causes of changing earnings inequality

Snower, Dennis J. - 1999

This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....

Persistent link: https://www.econbiz.de/10011294713

Public education for the children left behind

Camacho, Carmen; Shen, I-Ling - 2010

This paper examines the role of public education in the context of parental migration, and it studies the effects of an expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy may exacerbate income inequality in the long run...

Persistent link: https://www.econbiz.de/10003944305

Inequality and growth : the role of human capital with heterogeneous skills

Borissov, Kirill; Bosi, Stefano; Ha-Huy, Thai; Modesto, … - 2016

We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and initial human capital endowments. We consider two regimes according to the planner's political constraints. In the first regime, that we call meritocracy, the planner faces...

Persistent link: https://www.econbiz.de/10011517740

The lifetime earnings premium in the public sector : the view from Europe

Dickson, Matt; Postel-Vinay, Fabien; Turon, Hélène - 2014

In a context of widespread concern about budget deficits, it is important to assess whether public sector pay is in line with the private sector. Our paper proposes an estimation of differences in lifetime values of employment between public and private sectors for five European countries. We...

Persistent link: https://www.econbiz.de/10010350829

Does financial deregulation boost top incomes? : evidence from the Big Bang

Tanndal, Julia; Waldenström, Daniel - 2016

This study estimates the impact of financial deregulation on top income shares. Using the novel econometric method of constructing synthetic control groups, we show that the "Big Bang"-deregulations in the United Kingdom in 1986 and Japan 1997-1999 increased the share of pre-tax incomes going to...

Persistent link: https://www.econbiz.de/10011450671

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