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Growth is (really) good for the (really) rich
Campos-Vazquez, Raymundo M.; Chavez, Emmanuel; … - Centro de Estudios Económicos, Colegio de México - 2013
distribution. We find that economic growth is good for the rich in the sense that the mean income of the top decile of the … growth is really good for the really rich. We also find that during economic downturns, the average income of top earners …
Persistent link: https://www.econbiz.de/10011271631
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Inequality, Environmental Protection and Growth
Marsiliani, L.; Renstrom, T.I. - Tilburg University, Center for Economic Research - 2000
, income distribution influences the stringency of environmental policy and consequently the growth of a country. Individuals … inequality, environmental protection, and growth. …
Persistent link: https://www.econbiz.de/10011090302
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Public Investment in Human Capital: Insurance Benefit versus Tax Distortions
Yilmaz, Ayla - Society for Computational Economics - SCE - 2001
A part of the current literature on human capital accumulation claims that individuals may prefer to pay taxes that may distort their labor/leisure, and saving/consumption decisions to finance a public education system. Because, this makes it possible for the future members of their family to...
Persistent link: https://www.econbiz.de/10005345626
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Economic Gains from Publicly Provided Education in Germany
Frick, Joachim R.; Grabka, Markus M.; Groh-Samberg, Olaf - Institute for the Study of Labor (IZA) - 2007
The aim of this paper is to estimate income advantages arising from publicly provided education and to analyse their impact on the income distribution in Germany. Using representative micro-data from the SOEP and considering regional and education-specific variation, from a cross-sectional...
Persistent link: https://www.econbiz.de/10005822182
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Economic Gains from Educational Transfers in Kind in Germany
Frick, Joachim R.; Grabka, Markus M.; Groh-Samberg, Olaf - In: Journal of Income Distribution 19 (2010) 3-4, pp. 17-40
The aim of this paper is to estimate non-monetary income advantages arising from publicly provided education and to analyze their impact on the income distribution and on economic inequality in Germany. Using representative micro-data from the German Socio-Economic Panel (SOEP) and taking into...
Persistent link: https://www.econbiz.de/10008828675
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Risky Human Capital Investment, Income Distribution, and Macroeconomic Dynamics
Grossmann, Volker - Institute for the Study of Labor (IZA) - 2003
uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It … impact of higher inequality on the aggregate human capital stock, and thus, on growth may be positive. This result rests on …
Persistent link: https://www.econbiz.de/10005822202
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Inequality and Aggregate Savings in the Neoclassical Growth Model
Foellmi, Reto - C.E.P.R. Discussion Papers - 2009
Within the context of the neoclassical growth model I investigate the implications of (initial) endowment inequality …
Persistent link: https://www.econbiz.de/10008491724
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Inequality and aggregate savings in the neoclassical growth model
Foellmi, Reto - Institut für Volkswirtschaftslehre, … - 2008
Within the context of the neoclassical growth model I investigate the implications of (initial) endowment inequality …
Persistent link: https://www.econbiz.de/10005184887
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From Stagnation to Growth: Unified Growth Theory
Galor, Oded - C.E.P.R. Discussion Papers - 2004
growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of income per … transition from stagnation to growth and the associated phenomenon of the great divergence in income per capita across countries … has been widely viewed as one of the most significant challenges facing researchers in the field of growth and development …
Persistent link: https://www.econbiz.de/10005497992
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Income Distribution and Macroeconomics
Galor, Oded; Zeira, Joseph - Volkswirtschaftliche Fakultät, … - 1988
This paper analyzes the role of income distribution in macroeconomic analysis. The study demonstrates that the long-run equilibrium depends on the initial distribution of income. In accordance with empirical evidence concerning the correlation between income distribution and output, an economy...
Persistent link: https://www.econbiz.de/10011109703