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established, including a poverty trap, wherein children work full-time and no human capital accumulation takes place, with … continuous growth at an asymptotically steady rate as an alternative. We show that a society can escape from the poverty trap …
Persistent link: https://www.econbiz.de/10001627390
Persistent link: https://www.econbiz.de/10009505803
impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show … that vote-buying contributes to the persistence of poverty as taxed wealthy people buy votes from poor people. We then show …
Persistent link: https://www.econbiz.de/10003762209
established, including a poverty trap, wherein children work full-time and no human capital accumulation takes place, with … continuous growth at an asymptotically steady rate as an alternative. We show that a society can escape from the poverty trap …
Persistent link: https://www.econbiz.de/10013320850
impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show … that vote-buying contributes to the persistence of poverty as taxed wealthy people buy votes from poor people. We then show …
Persistent link: https://www.econbiz.de/10014214499
Persistent link: https://www.econbiz.de/10015154383
Persistent link: https://www.econbiz.de/10010387998
Persistent link: https://www.econbiz.de/10001388933
established, including a poverty trap, wherein children work full-time and no human capital accumulation takes place, with … continuous growth at an asymptotically steady rate as an alternative. We show that a society can escape from the poverty trap …
Persistent link: https://www.econbiz.de/10011403095
In this paper we study the incentives for basic-research investments by governments in a globalized world. For this purpose, we develop a two-country Schumpeterian growth model in which each country chooses its basic-research investments. We find that a country's basic-research investments...
Persistent link: https://www.econbiz.de/10009721842