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This paper analyzes the interaction between intergenerational wealth transmission, human capital investments under uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It demonstrates how the role of the personal income...
Persistent link: https://www.econbiz.de/10010261651
benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of … between inequality and growth in the post World War II period using WIDER inequality database. Regression results suggest that …
Persistent link: https://www.econbiz.de/10010262079
World Poll data from over 150 countries, BRFSS data on 2.5 million US respondents, and Eurobarometer data that cover …
Persistent link: https://www.econbiz.de/10010513217
World Poll data from over 150 countries, BRFSS data on 2.5 million US respondents, and Eurobarometer data that cover …
Persistent link: https://www.econbiz.de/10011210821
This paper analyzes the interaction between intergenerational wealth transmission, human capital investments under uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It demonstrates how the role of the personal income...
Persistent link: https://www.econbiz.de/10005822202
subsequent recovery of left-handedness observed over the last few centuries in the Western world, we propose a theory in which …
Persistent link: https://www.econbiz.de/10012597383
This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human...
Persistent link: https://www.econbiz.de/10010282576
increased urban poverty. Using a large repeated cross-section household survey data from 1986 to 2000, this study maps out the … change in income, inequality, and poverty over the 15 year period and investigates the determinants of poverty. It is found … that the increase in the poverty rate in the 1990s is associated with the increase in the relative food price, and the need …
Persistent link: https://www.econbiz.de/10010262183
There has not been much progress on the poverty front in Europe over recent decades, at least if we take it as a …. Some argue that adequate poverty relief is simply too expensive or that it would put too much of a redistributive burden on … floors and thus out-of-work benefit levels are inexorably under pressure, making poverty relief both harder to achieve and …
Persistent link: https://www.econbiz.de/10014567497
This paper analyzes the distributive impacts of violent conflicts, which is in contrast to previous literature that has focused on the other direction. We use cross-country panel data for the time period 1960-2005 to estimate war-related changes in income inequality. Our results indicate rising...
Persistent link: https://www.econbiz.de/10010269837