A simple classical-Marxian model of growth and distribution is developed in which education transforms low …-skilled wages and profit income. We analyze the implications for class divisions, growth and distribution, of the transformation of … education can have a positive effect on growth but by altering the distribution of income rather than by fostering technological …

evaluate the consequences of policy reform. This paper surveys the savings mechanisms generated by the transmission of bequests … medical-expense risk are crucial determinants of savings and wealth inequality and that we need to look at more data to …

recent stylized facts on growth, distribution and education for the US. …We develop a classical macroeconomic model to examine the growth and distributional consequences of education. Contrary … to the received wisdom, we show that human capital accumulation is not necessarily growth-inducing and inequality …

We study the negative correlation between natural resource-abundance and long-term income focusing on the savings … the issue. In this model, savings adjust downwards to income from natural resources, and investment in capital contributes … to knowledge creation, a feature based on endogenous growth theory. We analyze the link from resource income future …

distribution, including the role of own underage children as owners. In the first part of the paper, we find that firms, firm …

We develop an endogenous growth model to address a long standing question whether sustainable green growth is feasible … general we relate it to the UKís green growth policy objective. In our model, Önal output is produced with two reproducible … inputs, green and man-made capital. The growth of man-made capital causes depreciation of green capital via carbon emissions …