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This paper presents a comparative analysis of productivity growth in the U.S. and Japanese electrical machinery industries in the postwar period. This industry has experienced rapid growth in output and productivity and high rates of capital formation in both countries. A substantial amount of...
Persistent link: https://www.econbiz.de/10013218546
We carry out a comparative analysis of inequality of opportunity (IOp) for long-run income in Denmark and the United States. We adopt a luck-egalitarian understanding of IOp, use high-quality administrative data, and rely on highly improved methods. These include novel identification assumptions...
Persistent link: https://www.econbiz.de/10014093600