Showing 1 - 10 of 12
path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical …
Persistent link: https://www.econbiz.de/10010328942
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10010278600
countries. We structurally estimate a model of oligopsony with free entry for countries at different stages of development and … the top of the development ladder. …
Persistent link: https://www.econbiz.de/10014469352
development until countries reach upper-middle income, and only thereafter falls. This note quantifies the shape of the mobility …
Persistent link: https://www.econbiz.de/10010468120
1950s. Finally, we turn to the determinants of a broad array of development indicators for the year 1960 and for the 1960 …
Persistent link: https://www.econbiz.de/10010280698
We study the evolution of racial educational inequality across US states from 1940 to 2000. We show that throughout …
Persistent link: https://www.econbiz.de/10010282571
Conventional wisdom about the relationship between income distribution and economic development has been subjected to … the development process. In early stages of industrialization, as physical capital accumulation was a prime engine of … growth, inequality enhanced the process of development by channeling resources towards individuals whose marginal propensity …
Persistent link: https://www.econbiz.de/10010282627
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10010287588
1950s. Finally, we turn to the determinants of a broad array of development indicators for the year 1960 and for the 1960 …
Persistent link: https://www.econbiz.de/10009325443
We study the evolution of racial educational inequality across US states from 1940 to 2000. We show that throughout …
Persistent link: https://www.econbiz.de/10009395439