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This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
suggested. Rather than the universal devastation in poverty, employment, education and health so widely predicted and repeated …The social impacts of Indonesia’s crisis, while serious, have fortunately been less dramatic than early reports … commodities (large parts of Sulawesi, Sumatra). The new data also show that pre-crisis economic status or poverty rates are not …
Persistent link: https://www.econbiz.de/10011111339
This paper analyzes the role of income distribution in macroeconomic analysis. The study demonstrates that the long-run equilibrium depends on the initial distribution of income. In accordance with empirical evidence concerning the correlation between income distribution and output, an economy...
Persistent link: https://www.econbiz.de/10011109703
This paper presents a dynamic general equilibrium model with heterogeneous firms and entrepreneur's portfolio choice. We analytically show that this model generates the Pareto distribution of top income earners and Zipf's law of firms at the steady state. The differential equation for the...
Persistent link: https://www.econbiz.de/10011111065
All popular schools lack a consistent profit theory. Economists have no true conception of the most important phenomenon in their universe. This methodological defect persists since Adam Smith. Therefore, the theories of income and wealth distribution are wrong by logical implication. If the...
Persistent link: https://www.econbiz.de/10011111106
Public financial management by the government is very important in view of the level of welfare in Indonesia is still … low, as there are still much poverty with the level of fulfillment of the needs of low, corruption that occurs in every … Indonesia, the approach to history and historical analysis is able to provide solutions to the existing problems. Reviewing …
Persistent link: https://www.econbiz.de/10012968836
workers in developing countries. Indonesia, home to dozens of Nike, Reebok, and Adidas subcontractors, was a primary target … minimum wage throughout Indonesia. This article analyzed the impact of these two different types of interventions on labor … is how this could possibly be achieved without adverse consequences for employment.'"^ In our research, we tested whether …
Persistent link: https://www.econbiz.de/10009647305
This paper examines the spatial interaction of neighboring cities over their employment cycles. The cycles of …-similar employment cycles, but neighboring cities with similar racial compositions tend to have less-similar employment cycles …
Persistent link: https://www.econbiz.de/10013126966
Indonesia experienced a rapid reduction in poverty during the strong economic growth pre-crisis period. By estimating … the impact of sectoral economic growth components on consistently measured poverty rates across regions and over time …, this study finds that agricultural growth is the largest factor behind the poverty reduction. Agricultural growth accounts …
Persistent link: https://www.econbiz.de/10011107601
Indonesia has made significant progress in reducing poverty, from 23% of the population in 1999 to less than 12% in 2013 … evolution of poverty in a decentralized Indonesia, and relate kabupaten (district) performance in poverty reduction to a wide …This study presents evidence from Indonesia on how the country’s recent periods of economic growth have contributed to …
Persistent link: https://www.econbiz.de/10011108719