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Wang, Ping - 2018

Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...

Persistent link: https://www.econbiz.de/10012480613

Pareto and Piketty : The Macroeconomics of Top Income and Wealth Inequality

Jones, Charles I. - 2014

Since the early 2000s, research by Thomas Piketty, Emmanuel Saez, and their coathors has revolutionized our understanding of income and wealth inequality. In this paper, I highlight some of the key empirical facts from this research and comment on how they relate to macroeconomics and to...

Persistent link: https://www.econbiz.de/10012457924

Finance, inequality, and poverty : cross-country evidence

Beck, Thorsten - 2004

"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...

Persistent link: https://www.econbiz.de/10010522996

Finance, Inequality, and Poverty : Cross-Country Evidence

Beck, Thorsten - 2004

While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...

Persistent link: https://www.econbiz.de/10012467709

Searching for Prosperity

Kremer, Michael - 2001

Quah's [1993a] transition matrix analysis of world income distribution based on annual data suggests an ergodic …

Persistent link: https://www.econbiz.de/10012470474

Taxes and the Global Allocation of Capital

Backus, David - 2007

Despite enormous growth in international capital flows, capital-output ratios continue to exhibit substantial heterogeneity across countries. We explore the possibility that taxes, particularly corporate taxes, are a significant source of this heterogeneity. The evidence is mixed. Tax rates...

Persistent link: https://www.econbiz.de/10012465015

Estimation of Cross-Country Differences in Industry

Harrigan, James - 1997

Many economists and policy makers are concerned about international differences in technology and labor quality, correctly seeing these issues as crucial to long term growth in living standards. Typically, international trade economists assume that technological knowledge is the same in all...

Persistent link: https://www.econbiz.de/10012472689

Distorted Innovation : Does the Market Get the Direction of Technology Right?

Acemoglu, Daron - National Bureau of Economic Research - 2023

innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings … automation, health care, and energy, and correcting these distortions could have sizable welfare benefits …

Persistent link: https://www.econbiz.de/10014226119

Distorted innovation: does the market get the direction of technology right?

Acemoglu, Daron - 2023

Persistent link: https://www.econbiz.de/10014245524

Globotics and Development : When Manufacturing is Jobless and Services are Tradable

Baldwin, Richard - 2020

Globalization and robotics (globotics) are transforming the world economy at an explosive pace. While much of the …

Persistent link: https://www.econbiz.de/10012479255

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