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China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …
Persistent link: https://www.econbiz.de/10013106287
incomes from 1986 to 1999. Using a detailed household-level data set from rural China, we find robust evidence that initial …
Persistent link: https://www.econbiz.de/10013317407
We analyze the association between inequality and growth across 72 labor market regions in Sweden 1990-2006. Highly accurate measures of growth and inequality (gini, Q3, p9075, p5010) are derived from population register data. The regional set-up also reduces problems with omitted variable bias...
Persistent link: https://www.econbiz.de/10013129935
In many developing countries, the supply of skilled workers is likely to continue to be stronger than demand, and this should drive down the skill premium and reduce inequality. Within the limitations of any exercise based on simulations, this paper finds that the recently observed reduction in...
Persistent link: https://www.econbiz.de/10012955011
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
The socio-economic mosaic of urban neighbourhoods changes under the influence of three distinctive distributional processes: reordering of the socio-economic position of urban neighbourhoods; changing levels of inequality between neighbourhoods; and an overall growth or decline in income levels...
Persistent link: https://www.econbiz.de/10012908887
This chapter provides a critical overview of the state of the art in the economics literature on structural reforms. It takes stock of theoretical developments, measurement efforts and of the econometric evidence. We start with a simple theoretical framework for the relationship between...
Persistent link: https://www.econbiz.de/10012942092
The economic impact of Articial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel features. First, the task approach from labor economics is reformulated and integrated into a growth model. Second, the standard representative household assumption is rejected, so...
Persistent link: https://www.econbiz.de/10012825010
deteriorating position of ethnic minorities. Finally, we draw comparisons with China and document key differences in their growth …
Persistent link: https://www.econbiz.de/10012978153
We provide the first survey-based look at levels and trends in income and its distribution from 1959 to 2016 by linking Current Population Survey data from 1967 through 2016 with decennial Census data for 1959. We find that the dramatic decline in the market income of the middle class (measured...
Persistent link: https://www.econbiz.de/10012859294