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Elitism in higher education and inequality: Why are the Nordic countries so special?

Brezis, Elise S. - 2018

This paper shows that countries with high levels of "elitism" in higher-education are the countries displaying high levels of inequality. In other words, a higher level of "elitism", i.e., large gap in quality of universities, and tight selection in top universities leads to a wider gap in wages...

Persistent link: https://www.econbiz.de/10012057425

Flowers of evil? Industrialization and long run development

Franck, Raphaël; Galor, Oded - 2018

This research explores the effect of industrialization on the process of development. In contrast to conventional … wisdom that views industrial development as a catalyst for economic growth, the study establishes that while the adoption of … industrial technology was conducive to economic development in the short-run, it has detrimental effects on the standard of …

Persistent link: https://www.econbiz.de/10012058637

Politics-driven exchange rate cycles: East Asia vs. Latin America

Razmi, Arslan - 2018

I develop the implications for real exchange rate cycles of different policy preferences, focusing in particular on broadly stylized features of major Latin American and East Asian economies. Recent political science literature has emphasized the role of factors such as the influence of the...

Persistent link: https://www.econbiz.de/10012059901

Structural change and the Kaldor facts in a growth model with relative price and non-Gorman preferences

Boppart, Timo - 2011

Growth of per-capita income is associated with (i) significant shifts in the sectoral economic structure, (ii) systematic changes in relative prices and (iii) the Kaldor facts. Moreover, (iv) cross-sectional data shows systematic expenditure structure difference between rich and poor households....

Persistent link: https://www.econbiz.de/10010316847

Non-homothetic preferences and industry directed technical change

Boppart, Timo; Weiss, Franziska J. - 2013

Sectoral data features (i) changing relative expenditures of different sectors, (ii) non-constancy in relative prices and (iii) long-run trends in relative TFP growth rates across sectors. We provide a tractable theory of industry directed technical change, which is able to reconcile these...

Persistent link: https://www.econbiz.de/10010316888

Human capital, fertility and growth

Galor, Oded - 2006

The demographic transition that swept the world in the past 140 years has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed. The rise in the...

Persistent link: https://www.econbiz.de/10010318907

Economic growth in the very long-run

Galor, Oded - 2006

process of development over the course of human history and its implications from comparative development in light of recent …

Persistent link: https://www.econbiz.de/10010318941

Cultural assimilation, cultural diffusion and the origin of the wealth of nations

Ashraf, Quamrul; Galor, Oded - 2007

a significant role in giving rise to differential patterns of economic development across the globe. Societies that were … characterized the agricultural stage of development. The lack of cultural diffusion and its manifestation in cultural rigidity … the advent of divergence and overtaking in the process of long-run development, attributing the dominance of some …

Persistent link: https://www.econbiz.de/10010318954

The demographic transition and the emergence of sustained economic growth

Galor, Oded - 2004

The demographic transition that swept the world in the course of the last century has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed and...

Persistent link: https://www.econbiz.de/10010318956

Natural selection and the origin of economic growth

Galor, Oded; Moav, Omer - 2000

This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and economic growth since the emergence of the human species. This uni…ed theory encompasses the observed evolution of population, technology and income per capita in the long...

Persistent link: https://www.econbiz.de/10010318963