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inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … by 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality … identifying assumptions. We also analyze partial liberalization shocks: efficiency and inequality effects are roughly proportional …
Persistent link: https://www.econbiz.de/10010333443
for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … and mobility decisions, population growth, and income disparities across and within countries. First, our static … experiments reveal that the geography of skills matters for global inequality. Low access to education and sectoral misallocation …
Persistent link: https://www.econbiz.de/10011931769
of worker. Our analysis reveals that the effects of a liberalization on human capital accumulation, income and inequality … 20 percent in the shortrun, and by more than 55 percent after 50 years. The world average index of inequality decreases … identifying assumptions. We also analyze partial liberalization shocks: efficiency and inequality effects are roughly proportional …
Persistent link: https://www.econbiz.de/10010235847
Persistent link: https://www.econbiz.de/10011646542
Persistent link: https://www.econbiz.de/10012025299
for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … and mobility decisions, population growth, and income disparities across and within countries. First, our static … experiments reveal that the geography of skills matters for global inequality. Low access to education and sectoral misallocation …
Persistent link: https://www.econbiz.de/10011910583
Persistent link: https://www.econbiz.de/10012233160
between a microeconomic section on the determinants of remittances and a macroeconomic section on their growth effects. At the …-run impact of remittances. We then use an endogenous growth framework to describe the growth potential of remittances and present … the evidence for different growth channels. There is considerable evidence that remittances (in the form of savings …
Persistent link: https://www.econbiz.de/10014023661
inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … by 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality … identifying assumptions. We also analyze partial liberalization shocks: efficiency and inequality effects are roughly proportional …
Persistent link: https://www.econbiz.de/10010736743
The proportion of foreign-born people in rich countries has tripled since 1960, and the emigration of high-skilled people from poor countries has accelerated. Many countries intensify their efforts to attract and retain foreign students, which increases the risk of brain drain in the sending...
Persistent link: https://www.econbiz.de/10011404860