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The journey of humanity : roots of inequality in the wealth of nations

Galor, Oded - In: Economics and business review 6/20 (2020) 2, pp. 7-18

Persistent link: https://www.econbiz.de/10012550276

Inclusive institutions and long-run misallocation

Galor, Oded; Munshiy, Kaivan; Wilson, Nicholas - 2013

This research advances the hypothesis that resource abundant economies characterized by a socially cohesive workforce and network externalities triggered the emergence of efficiency-enhancing inclusive institutions designed to restrict mobility and to enhance the attachment of community members...

Persistent link: https://www.econbiz.de/10010197962

Income distribution and macroeconomics

Galor, Oded; Zeira, Joseph - 2013 - Revised, September, 1989

This paper analyzes the role of income distribution in macroeonomic 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/10010207411

Chapter 4 From Stagnation to Growth: Unified Growth Theory

Galor, Oded - 2005

The transition from stagnation to growth and the associated phenomenon of the great divergence have been the subject of … an intensive research in the growth literature in recent years. The discrepancy between the predictions of exogenous and … endogenous growth models and the process of development over most of human history, induced growth theorists to advance an …

Persistent link: https://www.econbiz.de/10014023783

Climatic roots of loss aversion

Galor, Oded; Savitskiy, Viacheslav - 2018

Persistent link: https://www.econbiz.de/10012060396

Climatic roots of loss aversion

Galor, Oded; Savitskiy, Viacheslav - 2018

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