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Global Earnings Inequality, 1970–2015
Hammar, Olle - 2017
, primarily during the 2000s, when the global Gini coefficient dropped nearly 10 points and the earnings share of the world …
Persistent link: https://www.econbiz.de/10012956018
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Industrialization Under Medieval Conditions? Global Development after Covid-19
Naudé, Wim - 2021
of the medieval world. It comes at a time when innovation had already been stagnating under guild-like corporate … industrial revolution (4IR) to a premature end. Hence the post-COVID-19 world may be left with trade as the only engine for … industrialization for the foreseeable future. If the global community fails to fix the multilateral trade system, the world may start to …
Persistent link: https://www.econbiz.de/10013315031
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W. - 2011
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …
Persistent link: https://www.econbiz.de/10013132818
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Culture, Institutions and the Wealth of Nations
Gorodnichenko, Yuriy - 2010
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with innovation in an individualist culture. This cultural...
Persistent link: https://www.econbiz.de/10013137795
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Income, Democracy, and Critical Junctures
Cervellati, Matteo - 2012
Acemoglu, Johnson, Robinson, and Yared (2008) document that the cross-country correlation between income per capita and democracy disappears once including country fixed effects. This paper tests the hypothesis that the effect of income on democracy might differ systematically across countries....
Persistent link: https://www.econbiz.de/10013096152
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The Role of Income and Immigration Policies in Attracting International Migrants
Ortega, Francesc - 2012
This paper makes two contributions to the literature on the determinants of international migration flows. First, we compile a new dataset on annual bilateral migration flows covering 15 OECD destination countries and 120 sending countries for the period 1980-2006. We also collect data on...
Persistent link: https://www.econbiz.de/10013104662
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What Determines the Share of Labour in National Income? A Cross-Country Analysis
Guerriero, Marta - 2012
share around the world, in particular from the mid-1980s onwards. Using fixed effects regression methods on a panel dataset …
Persistent link: https://www.econbiz.de/10013104675
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Disease and Development Revisited
Bloom, David E. - 2013
Acemoglu and Johnson (2007) present evidence that improvements in population health do not promote economic growth. We show that their result depends critically on the assumption that initial health has no causal effect on subsequent economic growth. We argue that such an effect is likely,...
Persistent link: https://www.econbiz.de/10013081821
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Relative Income, Happiness and Utility : An Explanation for the Easterlin Paradox and Other Puzzles
Clark, Andrew; Frijters, Paul; Shields, Michael A. - 2021
The well-known Easterlin paradox points out that average happiness has remained constant over time despite sharp rises in GNP per head. At the same time, a micro literature has typically found positive correlations between individual income and individual measures of subjective well being. This...
Persistent link: https://www.econbiz.de/10013316988
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Economic Growth and Subjective Well-Being : Reassessing the Easterlin Paradox
Stevenson, Betsey; Wolfers, Justin - 2021
The "Easterlin paradox" suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...
Persistent link: https://www.econbiz.de/10013325016