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Divergence, convergence, and the history-augmented Solow model
Kufenko, Vadim; Prettner, Klaus; Geloso, Vincent - 2017
We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence between the nowadays industrialized countries of the OECD. We show that the dispersion of incomes increased after the Industrial Revolution, peaked during the Second World War,...
Persistent link: https://www.econbiz.de/10011672943
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Does size matter? Implications of household size for economic growth and convergence
Kufenko, Vadim; Geloso, Vincent; Prettner, Klaus - 2018
standards is slower throughout the 20th century as compared to a measure based on per capita GDP. Furthermore, the speed of …
Persistent link: https://www.econbiz.de/10011815445
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Does size matter? : implications of household size for economic growth and convergence
Kufenko, Vadim; Geloso, Vincent; Prettner, Klaus - 2018
standards is slower throughout the 20th century as compared to a measure based on per capita GDP. Furthermore, the speed of …
Persistent link: https://www.econbiz.de/10011815287
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Divergence, convergence, and the history-augmented Solow model
Kufenko, Vadim; Prettner, Klaus; Geloso, Vincent - 2017
We test the history-augmented Solow model with respect to its predictions on the patterns of divergence and convergence between the nowadays industrialized countries of the OECD. We show that the dispersion of incomes increased after the Industrial Revolution, peaked during the Second World War,...
Persistent link: https://www.econbiz.de/10011671956
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Going Beyond GDP with a Parsimonious Indicator: Inequality-Adjusted Healthy Lifetime Income
Bloom, David E.; Fan, Victoria Y.; Kufenko, Vadim; … - 2020
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 … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …
Persistent link: https://www.econbiz.de/10012180156
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Going beyond GDP with a parsimonious indicator: Inequality-adjusted healthy lifetime income
Bloom, David E.; Fan, Victoria Y.; Kufenko, Vadim; … - 2020
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 … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …
Persistent link: https://www.econbiz.de/10012196439
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Going beyond GDP with a parsimonious indicator : inequality-adjusted healthy lifetime income
Bloom, David E.; Fan, Victoria Y.; Kufenko, Vadim; … - 2020
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 … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …
Persistent link: https://www.econbiz.de/10012169722
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Going Beyond GDP with a Parsimonious Indicator : Inequality-Adjusted Healthy Lifetime Income
Bloom, David E. - 2020
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 … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …
Persistent link: https://www.econbiz.de/10012840894
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Going beyond GDP with a parsimonious indicator : inequality-adjusted healthy lifetime income
Bloom, David E.; Fan, Victoria Y.; Kufenko, Vadim; … - 2020
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 … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …
Persistent link: https://www.econbiz.de/10012195532
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The lost race against the machine: Automation, education and inequality in an R&D-based growth model
Prettner, Klaus; Strulik, Holger - 2017
We analyze the effect of automation on economic growth and inequality in an R&D-based growth model with two types of labor: highskilled labor that is complementary to machines and low-skilled labor that is a substitute for machines. The model predicts that innovationdriven growth leads to...
Persistent link: https://www.econbiz.de/10011620796