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ties) than in sparsely populated areas. We also demonstrate that, for a low urbanization level, there is a unique steady …-state equilibrium where workers do not interact with weak ties, while, for a high level of urbanization, there is a unique steady … when social interactions are optimal, we show that there is over-urbanization in equilibrium …
Persistent link: https://www.econbiz.de/10013059681
framework can be used, for example, in predicting the differential relationship between urbanization and inequality in India … relevant to understanding current phenomena like the evolution of Chinese inequality. The paper shows how the Kuznetsian … versus China, in assessing the detail of the contribution of sectoral mean and inequality evolution to overall inequality …
Persistent link: https://www.econbiz.de/10012960255
of the paper, the focus will be moved to the possible consequences of this road to catching-up in terms of employment and …
Persistent link: https://www.econbiz.de/10012909972
We analyze how globalization has affected the sectoral anatomy of regional growth in Germany over the period 1978-2008. The aggregate German economy is characterized by a secular decline of manufacturing and a rise of modern service industries. This trend– also known as Petty's law – is not...
Persistent link: https://www.econbiz.de/10013054568
There is a growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well-known Kaldor facts, with systematic changes in the sectoral allocation of resources, consistent with the Kuznets facts. Although variations in the income elasticity of demand...
Persistent link: https://www.econbiz.de/10013024921
This paper is intended to provide an updated discussion on a series of issues that the relevant literature suggests to be crucial in dealing with the challenges a middle income country may encounter in its attempts to further catch-up a higher income status. In particular, the conventional...
Persistent link: https://www.econbiz.de/10013033677
We study long-run trends in market hours of work and employment shifts across economic sectors driven by uneven TFP …
Persistent link: https://www.econbiz.de/10013317253
Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of absolute economic misery in the world. In this paper, I focus on an important but relatively underemphasized approach to poverty reduction: helping the poor earn more in the...
Persistent link: https://www.econbiz.de/10013087872
In this paper we review the literature on the impact that monetary policy has on growth and employment in developing … investment and technological change and hence on economic growth and on employment.There is very little research about the direct … links between monetary policy and employment. The impact of growth on employment depends on what are the main drivers of …
Persistent link: https://www.econbiz.de/10012870283
, showing a much more nuanced picture of female labor force participation than one might expect. Recent trends in employment and … factors drawing women into the labor force at attractive employment and pay conditions. This affects, by 2004, only a small …
Persistent link: https://www.econbiz.de/10013109425