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Financial Hurdles for Human Capital Accumulation: Revisiting the Galor-Zeira Model
Jun, Bogang; Hwang, Won-Sik - Volkswirtschaftliche Fakultät, … - 2012
Against the background of inconclusive evidence about the inequality–growth relation, this paper suggests that the … level of inequality increases via the human capital channel with credit market imperfections and that this increasing … inequality negatively affects economic growth. We expand the model presented by Galor and Zeira (1993) to represent the fact that …
Persistent link: https://www.econbiz.de/10011259657
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Intergenerational mobility, composition of human capital and distance to frontier
Basu, Suajta - Volkswirtschaftliche Fakultät, … - 2014
capital falls in the diversified regime. Also, there exists constant level of between group income inequality in the imitation …-only and innovation-only regimes. However, wage and income inequality between skilled and unskilled human capital rises as an … economy bridges its gap from the world technology frontier. There exists constant level of income inequality within skilled …
Persistent link: https://www.econbiz.de/10011109879
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Are the Children of Uneducated Farmers Doubly Doomed? Farm, Nonfarm and Intergenerational Educational Mobility in Rural China
Emran, M. Shahe; Sun, Yan - Volkswirtschaftliche Fakultät, … - 2014
This paper relaxes the single factor model of intergenerational educational mobility standard in the literature, and develops a research design to study the effects of parents' education and occupation on children's schooling. We use survey data from rural China that cover three generations and...
Persistent link: https://www.econbiz.de/10011109944
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A theory of family education incentives and inequality
Jellal, Mohamed - Volkswirtschaftliche Fakultät, … - 2014
-sharing between the two generations, so that poor families experience higher agency costs, therefore inequality persists. …
Persistent link: https://www.econbiz.de/10011113407
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Resisting Education
Carvalho, Jean-Paul; Koyama, Mark - Volkswirtschaftliche Fakultät, … - 2013
ways that increase income inequality. An increase in the skill premium induces low-ability minority types to reduce …
Persistent link: https://www.econbiz.de/10011114515
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Has Globalization Eroded Labor’s Share? Some Cross-Country Evidence
Harrison, Ann - Volkswirtschaftliche Fakultät, … - 2005
In recent years, economists and other social scientists have devoted extensive research efforts to understanding the widening wage gap between high-skill and low-skill workers. This paper focuses on a slightly different question: how has globalization affected the relative share of income going...
Persistent link: https://www.econbiz.de/10011257852
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Inequality, social conflict and unions in America
Lettieri, Antonio - Volkswirtschaftliche Fakultät, … - 2012
A comparison of the 2007-08 crisis with that of 1929 showed its extreme gravity, but it also may have implied that the old harmful mistakes would not be repeated. After four years, the crisis has not been solved and it even threatens to worsen. Neo-conservative Republicans claim that this is...
Persistent link: https://www.econbiz.de/10011260788
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The role of product diversification in skill-biased technological change
Nam, Choong Hyun - Volkswirtschaftliche Fakultät, … - 2014
Since the 1980s, the labour demand has shifted toward more educated workers in the US. The most common explanation is that the productivity of skilled workers has risen relative to the unskilled, but it is not easy to explain why the aggregate labour productivity was stagnant during the 1980s....
Persistent link: https://www.econbiz.de/10011111499
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Disparity in the structure of wages in Pakistan
Hasan, Syed Akif; Subhani, Muhammad Imtiaz; Osman, Ms. Amber - Volkswirtschaftliche Fakultät, … - 2012
Perpetual Disparities in all norms of lives are one of those essences of Pakistan which have been like a ghost that always exploits to its victims. This paper investigates and identifies the Disparities in the wage Structure of Pakistan. Data for the wages from 9 different sectors which includes...
Persistent link: https://www.econbiz.de/10011111564
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Tertiarisation of the Indian labour market: a new growth engine or sending distress signals?
Mukherjee, Dipa; Majumder, Rajarshi - Volkswirtschaftliche Fakultät, … - 2008
Tertiarisation of labour market has globally been associated with economic progress. But in developing countries, labour market deformities may push people into service economy out of distress also. This paper examines the tertiarisation process in Indian labour market to bring out the reasons...
Persistent link: https://www.econbiz.de/10005616990