Similar Search Results

Emergence and Persistence of Inefficient States

Acemoglu, Daron - 2006

. This enables them to reduce the amount of redistribution and public good provision in democracy. Moreover, the inefficient … inefficient state is more likely to arise when there is greater inequality between the rich and the poor, when bureaucratic rents …

Persistent link: https://www.econbiz.de/10012465912

Equilibrium Bias of Technology

Acemoglu, Daron - 2005

The study of the bias of new technologies is important both as part of the analysis of the nature of technology adoption and the direction of technological change, and to understand the distributional implications of new technologies. In this paper, I analyze the equilibrium bias of technology....

Persistent link: https://www.econbiz.de/10012466826

Relative Income Position and Performance : An Empirical Panel Analysis

Torgler, Benno - 2006

Many studies have established that people care a great deal about their relative economic position and not solely, as standard economic theory assumes, about their absolute economic position. However, behavioral evidence is rare. This paper provides an empirical analysis on how individuals'...

Persistent link: https://www.econbiz.de/10012734147

Reversal of Fortune : Geography and Institutions in the Making of the Modern World Income Distribution

Acemoglu, Daron - 2001

Among countries colonized by European powers during the past 500 years those that were relatively rich in 1500 are now relatively poor. We document this reversal using data on urbanization patterns and population density, which, we argue, proxy for economic prosperity. This reversal is...

Persistent link: https://www.econbiz.de/10012470258

The World Income Distribution

Acemoglu, Daron - 2001

We show that even in the absence of diminishing returns in production and techno-logical spillovers, international trade leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns: countries that accumulate capital faster than...

Persistent link: https://www.econbiz.de/10012470646

Changes in the Wage Structure, Family Income, and Children's Education

Acemoglu, Daron - 2000

We exploit the changes in the distribution of family income to estimate the effect of parental resources on college education. Our strategy exploits the fact that families at the bottom of the income distribution were much poorer in the 1990s than they were in the 1970s, while the opposite is...

Persistent link: https://www.econbiz.de/10012470752

Technical Change, Inequality, and the Labor Market

Acemoglu, Daron - 2000

This essay discusses the effect of technical change on wage inequality. I argue that the behavior of wages and returns … increase in inequality is most likely due to an acceleration in skill bias. In contrast to twentieth century developments, most …

Persistent link: https://www.econbiz.de/10012470950

Harms of AI

Acemoglu, Daron - National Bureau of Economic Research - 2021

automating work, fueling inequality, inefficiently pushing down wages, and failing to improve worker productivity; and damaging …

Persistent link: https://www.econbiz.de/10012629467

Emergence and Persistence of Inefficient States

Acemoglu, Daron - 2006

Persistent link: https://www.econbiz.de/10012778981

Economic and Political Inequality in Development : The Case of Cundinamarca, Colombia

Acemoglu, Daron; B., M.; Querubín Borrero, Pablo; … - 2010

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/10012759965