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Occupational prestige or job status may induce people to remain unemployed even when jobs are available. Thus measured unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job search, more so in a world where job status is...
Persistent link: https://www.econbiz.de/10013427731
Occupational prestige or job status may induce people to remain unemployed even when jobs are available. Thus measured unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job search, more so in a world where job status is...
Persistent link: https://www.econbiz.de/10014076704
Occupational prestige or job status may induce people to remain unemployed even when jobs are available. Thus measured unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job search, more so in a world where job status is...
Persistent link: https://www.econbiz.de/10013368629
Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the …
Persistent link: https://www.econbiz.de/10011615862
in every domain of economic behaviour inequality or relative changes has become a major concern. We propose an inequality …
Persistent link: https://www.econbiz.de/10011657118
The purpose of this research study has been to expand our understanding of the finance-growth ‘nexus’ to finance-growth-inequality … data for two rounds the study attempts to assess the co-evolution of finance-growth-inequality in an intertemporal … borrowing. This questions the conventional wisdom regarding the policy aimed at financial inclusion. Inequality of income …
Persistent link: https://www.econbiz.de/10012018120
relatively poor for both rural and urban areas across the states of India. The hypotheses that inequality impacts consumption …
Persistent link: https://www.econbiz.de/10011931963
coefficient over last four decades. This seems to suggest a robust empirical evidence that the growth or change in inequality … across nations has a negative relation with initial degree of inequality. This would imply that poorer nations starting with … higher degree of inequality experience weaker growth in inequality, exhibiting some sort of convergence in the inequality …
Persistent link: https://www.econbiz.de/10012207884
critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all …. Technological progress without physical capital accumulation magnifies inequality in or out of steady state, generating a Picketty …
Persistent link: https://www.econbiz.de/10012425595
This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced outside the production process as a financial capital or credit as per the classical Ricardian wage fund framework. Stock of credit or financial capital as past savings, finances...
Persistent link: https://www.econbiz.de/10013266637