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Inter-ethnic redistribution and human investments

Azarnert, Leonid V. - 2009

This article analyzes income redistribution in the inter-ethnic context. The model shows that redistribution in favor … contributing local skilled, slows human capital accumulation, and reduces the per-capita output growth. The analysis also … demonstrates that income redistribution, although financed by taxes levied on the skilled, generates a mechanism that, via its …

Persistent link: https://www.econbiz.de/10010336073

Post-1500 population flows and the long run determinants of economic growth and inequality

Putterman, Louis; Weil, David N. - 2008

GDP per capita and within-country income inequality in the world today. Indicators of early development such as early …

Persistent link: https://www.econbiz.de/10010284078

Inequality, democracy, institutional quality, and fiscal redistribution

Chong, Alberto; Gradstein, Mark - 2007

redistribution and lowers institutional quality. The effect of the former is to increase productive investment, and the effect of the … redistribution, especially in non-democratic countries. …

Persistent link: https://www.econbiz.de/10010278272

2008 Lawrence R. Klein lecture - Comparative economic development: Insights from unified growth theory

Galor, Oded - 2009

generated on the composition of human capital and economic development across the globe. …

Persistent link: https://www.econbiz.de/10010284035

On the Wealth Dynamics of Swedish Families 1984-1998

Klevmarken, N. Anders - 2001

This paper focuses on three issues. First, it analyses the increasing inequality of wealth in Sweden in terms of percentile age and birth cohort differences. Second, it discusses mobility of wealth as a function of age, length of the transition period, the magnitude of quantile differences, and...

Persistent link: https://www.econbiz.de/10010321808

Does Free Trade Really Reduce Growth? Further Testing Using the Economic Freedom Index

Berggren, Niclas; Jordahl, Henrik - 2003

While studies of the relationship between economic freedom and economic growth have shown it to be positive, significant and robust, it has rightly been argued that different areas of economic freedom may have quite different effects on growth. Along that line, Carlsson and Lundström (2002)...

Persistent link: https://www.econbiz.de/10010321548

Are crises good for long-term growth? The role of political institutions

Cavallo, Alberto F.; Cavallo, Eduardo A. - 2008

This paper provides empirical evidence for the importance of institutions in determining the outcome of crises on long-term growth. Once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions affect growth through their interaction with...

Persistent link: https://www.econbiz.de/10010278293

Words, deeds, and outcomes: A survey on the growth effects of exchange rate regimes

Harms, Philipp; Kretschmann, Marco - 2007

Recent studies on the growth effects of exchange rate regimes offer a wide range of different, sometimes contradictory results. In this paper, we systematically compare three prominent contributions in this field. Using a common data set, a common specification, and common estimation methods, we...

Persistent link: https://www.econbiz.de/10011430062

Early starts, reversals and catchup in the process of economic development

Chanda, Areendam; Putterman, Louis - 2004

Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...

Persistent link: https://www.econbiz.de/10010318983

The resource curse and its potential reversal

Boschini, Anne; Pettersson, Jan; Roine, Jesper - 2012

Several recent papers suggest that the negative association between natural resource intensity and economic growth can be reversed if institutional quality is high enough. We try to understand this result in more detail by decomposing the resource measure, using alternative measures of both...

Persistent link: https://www.econbiz.de/10010321368

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