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globalization has raised inequality between nations, but that it has had no clear effect on inequality within nations. This paper … argues that the likely impact of globalization on world inequality has been very different from what these simple … correlations suggest. Globalization probably mitigated rising inequality between participating nations. The nations that gained the …
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The late 19th and the late 20th century shared more than simply globalization and convergence. Globalization also seems … Borjas and Wood think that globalization accounted for something like a third to a half of the rise in inequality in America … more than a half of the falling inequality in Europe. It also appears that the inequality trends which globalization …
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The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labor productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently,...
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The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labor productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently,...
Persistent link: https://www.econbiz.de/10012465599