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 …

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 … inequality enhances growth by stimulating commuting incentives. …

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 … inequality enhances growth by stimulating commuting incentives. …

We explore the relationship between the level of village inequality in 1986, and the subsequent growth of household … inequality is negatively related to subsequent household income growth. We are able to address a number of econometric issues … correlated with household income growth: Whatever factor drives the inequality-growth relationship only operates in the “long run …

This paper addresses the estimation of a semiparametric sample selection index model where both the selection rule and … a semiparametric setting, we develop estimators for both the marginal effects and the underlying model parameters. The …

This paper addresses the estimation of a semiparametric sample selection index model where both the selection rule and … a semiparametric setting, we develop estimators for both the marginal effects and the underlying model parameters. The …

This paper formulates a likelihood-based estimator for a double index, semiparametric binary response equation. A novel …

for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the … presumed growth benefits of financial integration. Indeed, a new literature proposes that the indirect benefits of financial …

China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level … have been doubts about the contribution of TFP improvements to growth. For the period between 1978 and 1998, Young (2003 …

We construct an endogenous growth model that includes a cultural variable along the dimension of individualism … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …