We study the effect of endogenous time preference in a simple neo-classical model of growth. The variation of time … properties of these steady states are analyzed. The results are interpreted in light of the growth experiences of developing …

This paper uses a modi.ed Harrodian model to understand both the long period of rapid Japanese growth and the recent … period of stagnation. The model has multiple steady-growth solutions when the labour supply is highly elastic, and government … intervention, we argue, took the Japanese economy onto a high-growth trajectory. Labour constraints began to appear around 1970 …

Russia, facilitating identification through fixed effects for employees, employers, and local labor markets, and instrumental …

complementarity in the practice. The model is estimated on panel data for workers and firms in Russia, facilitating identification …

economic outcomes such as income growth, poverty and inequality indicators. Our analysis is based on microsimulations for eight … poverty and inequality. …

inequality of income and expenditure over that period. The paper calculates Lorenz and Generalised Lorenz curves and also the … Growth Incidence Curve of Ravallion and Chen to investigate the extent to which growth was “pro-poor”. The paper also … examines the composition of changes in inequality of income over the period. …