Showing 1 - 10 of 10,529
This paper analyzes the interplay of growth, (re-)distribution and policies when the latter are set exogenously or when … the latter depend on economically important fundamentals. A redistribution policy generally causes lower growth, but less … growth. The paper shows that the longrun cross-country relationship between growth and endogenous policy is generally not …
Persistent link: https://www.econbiz.de/10008464596
A two class (rentiers and workers) model of growth and distri- bution is applied to the study of long run stagnation in … economy represents the kind of stylized economy which would be prone to falling output capital ratios due to increased savings …
Persistent link: https://www.econbiz.de/10011220515
This paper analyzes the interplay of growth, distribution and public policy when the latter depend on economically … growth. The paper argues that the long-run relationship between growth, post-tax factor incomes and public policies is more …
Persistent link: https://www.econbiz.de/10005816409
inflation on income distribution and economic growth. We have found that inflation (1) worsens income distribution; (2 …This short paper uses a newly compiled cross-country panel data on income distribution to explore the impact of … middle class; and (4) reduces the rate of economic growth. …
Persistent link: https://www.econbiz.de/10009207419
, thus, endogenous. Conditioning on factor accumulation in growth regressions that also include endogenous policy variables … may then be problematic. When policy is endogenous the measured effects of policy on growth will generally be biased … viewpoint. The paper argues that regressing growth on policy may still yield important information if policy endogeneity is …
Persistent link: https://www.econbiz.de/10008464695
In dieser Arbeit wird ein Überblick über einige Kernaussagen der ''Neuen Wachstumstheorie'' über den Zusammenhang von Wissen und wirtschaftlicher Entwicklung gegeben. Ausgehend von der ''neoklassischen'' Wachstumstheorie wird die Bedeutung von Wissen in Prototypen endogenen Wachstums der...
Persistent link: https://www.econbiz.de/10008464710
income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes … Gini coefficient and to increase average income, growth, and income of the poor. However, some non-linearites are detected …
Persistent link: https://www.econbiz.de/10005412490
political economy perspective. We consider an endogenous growth economy, where growth generates pollution and a deterioration of … the environment. Public expenditures may either be devoted to supporting growth or abating pollution. The decision over …, the less she will tax and devote resources to the environment, preferring to support growth. …
Persistent link: https://www.econbiz.de/10005696850
inflation on income distribution and economic growth. We have found that inflation (1) worsens income distribution; (2 …This short paper uses a newly compiled cross-country panel data on income distribution to explore the impact of … middle class; and (4) reduces the rate of economic growth. …
Persistent link: https://www.econbiz.de/10009146913
We analyze the association between inequality and growth across 72 labor market regions in Sweden 1990-2006. Highly … accurate measures of growth and inequality (gini, Q3, p9075, p5010) are derived from population register data. The regional set …th and 75th percentiles enhances regional growth. This result no longer holds when we take into account changes in …
Persistent link: https://www.econbiz.de/10008839277