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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 … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010510592
We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require … used (nonlinear) parametric approaches - the economy first expands rapidly with a large decline in inequality, plateaus … when inequality remains relatively stable, and then decreases rapidly with a large increase in inequality. This novel …
Persistent link: https://www.econbiz.de/10010469680
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010423766
end of a period serves as her endowment in the following period. In this setting growth and inequality arise endogenously …. Inequality and group income are positively correlated for poor groups, but negatively correlated for rich groups. There is very … strong path dependence: inequality in early periods is strongly negatively correlated with group income in later periods …
Persistent link: https://www.econbiz.de/10010409781
This paper addresses the design of the machinery of collective bargaining from the perspective of the needs of microeconomic and macroeconomic flexibility. In the former context, greater attention is given over to enterprise flexibility than external adjustment. In the latter context, close...
Persistent link: https://www.econbiz.de/10011408196
for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … and mobility decisions, population growth, and income disparities across and within countries. First, our static … experiments reveal that the geography of skills matters for global inequality. Low access to education and sectoral misallocation …
Persistent link: https://www.econbiz.de/10011910583
Policies supporting international student mobility prepare young people for the challenges of global and multicultural environments. However, disadvantaged students have lower participation rates in mobility schemes, and hence benefit less from their positive impacts on career progression....
Persistent link: https://www.econbiz.de/10012202811
of the Communist parties in Central and Eastern Europe (CEE) and Russia and their children. Using the individual …-level survey data, we show that there are striking differences between Russia and the CEE countries in this respect. While in the … rest of the population, in Russia former CPSU members do not exhibit stronger preferences for redistribution - at the same …
Persistent link: https://www.econbiz.de/10013471475
; Hungary ; Lithuania ; Romania ; Russia ; Ukraine … aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard …
Persistent link: https://www.econbiz.de/10003755335
but offsetting in Hungary and Romania, and from small effects of all types in Russia and Ukraine. The positive employment … ; employment ; wages ; foreign ownership ; Hungary ; Romania ; Russia ; Ukraine …
Persistent link: https://www.econbiz.de/10003755531