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growth, inequality enhanced the process of development by channeling resources towards individuals whose marginal propensity … to save is higher. In later stages of development, however, as human capital has become a main engine of growth, equality …Conventional wisdom about the relationship between income distribution and economic development has been subjected to …
Persistent link: https://www.econbiz.de/10010282627
This paper provides an overview of the modern perspective on the relationship between inequality and economic … development. …
Persistent link: https://www.econbiz.de/10010284042
of differential cultural diversity and economic development across the world …
Persistent link: https://www.econbiz.de/10014287375
This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of...
Persistent link: https://www.econbiz.de/10011931781
This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of...
Persistent link: https://www.econbiz.de/10011815810
beneficial in early stages of development, generated in later stages a hurdle for human capital accumulation and economic growth … from an agrarian to an industrial economy generating diverging growth patterns across countries. Land abundance, which was … of industrialization affected the transition to modern growth and has brought about changes in the ranking of countries …
Persistent link: https://www.econbiz.de/10010318867
-faring and airborne transportation technologies, to examine its impact on the course of economic development across the globe … effect on the process of development and contributed to the contemporary variation in the standard of living across countries. …
Persistent link: https://www.econbiz.de/10010284086
This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of...
Persistent link: https://www.econbiz.de/10011912825
This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of...
Persistent link: https://www.econbiz.de/10011800629
-faring and airborne transportation technologies, to examine its impact on the course of economic development across the globe … effect on the process of development and contributed to the contemporary variation in the standard of living across countries. …
Persistent link: https://www.econbiz.de/10008567798