Showing 1 - 10 of 1,974
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
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
Understanding the economic and social effects of the recent global trends of rising market concentration and market power has become a policy priority. To fill this knowledge gap, this paper introduces a simple simulation method, the Welfare and Competition tool (WELCOM), to estimate with...
Persistent link: https://www.econbiz.de/10012418634
between migration and economic development and inequality. The literature review suggests that there are several channels … through which migration affects economic inequality between countries in one or the other direction. The net effects are an …. We undertake an empirical analysis and find that immigration has contributed to reducing inequality within the 25 EU …
Persistent link: https://www.econbiz.de/10012418623
Recent research on Nigeria indicates declining income inequality. In contrast, anecdotal evidence suggests that only … the upper class has benefited from economic growth in Nigeria over time. The disconnect between these findings and … anecdotal evidence, and the limitation in how inequality was estimated in the past literature are the motivation for our …
Persistent link: https://www.econbiz.de/10013472036
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
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
lower GDP growth per year on average. These estimated costs increase for candidates with serious accusations, multiple …
Persistent link: https://www.econbiz.de/10010403904