Showing 1 - 10 of 18
We analyze the effect of automation on economic growth and inequality in an R&D-based growth model with two types of … population share of graduates, increasing income and wealth inequality, a declining labor share, and (in an extension of the … basic model) increasing unemployment. In contrast to Piketty's famous claim that faster economic growth reduces inequality …
Persistent link: https://www.econbiz.de/10011620796
We analyze the effects of R&D-driven automation on economic growth, education, and inequality when high-skilled workers …-driven growth leads to an increasing population share of college graduates, increasing income and wealth inequality, and a declining …
Persistent link: https://www.econbiz.de/10011967467
skill premium and increasing inequality. We develop a measure for reshoring activity at the macro-level and, using data from …
Persistent link: https://www.econbiz.de/10012099164
We analyze the effects of automation and education on economic growth and inequality in an R&D-based growth model with … increasing population share of college graduates, increasing income and wealth inequality, and a declining labor share. In … contrast to conventional wisdom, our theory predicts that faster economic growth promotes inequality. Because education and …
Persistent link: https://www.econbiz.de/10011754898
skill premium and increasing inequality. Using a new measure of reshoring activity and data from the world input outputtable …
Persistent link: https://www.econbiz.de/10011869301
skill premium and increasing inequality. We develop a measure for reshoring activity at the macro-level and, using data from …
Persistent link: https://www.econbiz.de/10012144271
Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life," such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements....
Persistent link: https://www.econbiz.de/10012196439
Persistent link: https://www.econbiz.de/10012126890
We analyze the effect of automation on economic growth and inequality in an R&D-based growth model with two types of … population share of graduates, increasing income and wealth inequality, a declining labor share, and (in an extension of the … basic model) increasing unemployment. In contrast to Piketty's famous claim that faster economic growth reduces inequality …
Persistent link: https://www.econbiz.de/10011620638
We analyze the effects of R&D-driven automation on economic growth, education, and inequality when high-skilled workers …-driven growth leads to an increasing population share of college graduates, increasing income and wealth inequality, and a declining …
Persistent link: https://www.econbiz.de/10012161735