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Is inequality harmful for economic growth? Is the underdevelopment of Latin America related to its unequal distribution … of wealth? A recently emerging consensus claims not only that economic inequality has detrimental effects on economic … growth in general, but also that differences in economic inequality across the American continent during the 19th century are …
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"Is inequality harmful for economic growth? Is the underdevelopment of Latin America related to its unequal … distribution of wealth? A recently emerging consensus claims not only that economic inequality has detrimental effects on economic … growth in general, but also that differences in economic inequality across the American continent during the 19th century are …
Persistent link: https://www.econbiz.de/10003529634
role in US wage inequality. We also propose a methodology for evaluating the full general equilibrium effects of task … groups). Our quantitative evaluation based on this methodology explains how major changes in wage inequality can go hand …
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We develop an assignment model of automation. Each of a continuum of tasks of variable complexity is assigned to either capital or one of a continuum of labor skills. We characterize conditions for interior automation, whereby tasks of intermediate complexity are assigned to capital. Interior...
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