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Relative deprivation (RD), also known as relative poverty , an idea implicitly put forward by Adam Smith in The Wealth of Nations and formally conceptualized by Runciman (1966), refers to the discontent people feel when they compare their positions to others and realize that others in the group...
Persistent link: https://www.econbiz.de/10011260168
Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manufacturing establishments to quantify the potential extent of misallocation in China and India versus the United States. We measure sizable gaps in marginal products of labor and capital across...
Persistent link: https://www.econbiz.de/10009372619
Relative deprivation (RD), also known as relative poverty, an idea implicitly put forward by Adam Smith in The Wealth of Nations and formally conceptualized by Runciman (1966), refers to the discontent people feel when they compare their positions to others and realize that others in the group...
Persistent link: https://www.econbiz.de/10014155344
This paper aims to collaborate with the discussion about the factors that try to explain the economic behavior in Latin America countries, considering the importance of some attributes related to social capital (ie interpersonal trust, which leads to association and civic commitment, performing...
Persistent link: https://www.econbiz.de/10011483672
The differences between mainstream and 'heterodox' theories and policies have become increasingly blurred, and this dynamic has also affected heterodox analyses of development. Being trapped by the primacy of the statistics-based methodological imperative, much heterodox thinking on development...
Persistent link: https://www.econbiz.de/10012431245
Most analysts of the modern Latin American economy hold to a pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy to create a more egalitarian society. This paper argues...
Persistent link: https://www.econbiz.de/10011396463
The paper is about the political consequences of increasing economic inequality in Western economies. Political theorists have often stressed that democracy is in troubles when its population is not broadly uniform in income and wealth because unequal economic resources can easily translate into...
Persistent link: https://www.econbiz.de/10012867419
The newly born, one year old State of Southern Sudan faces multiple challenges, economic, administrative, ethnic and most of all, civil conflicts with its previous mother country, Sudan. Building a state is an arduous mission and building a nation comprised of many ethnicities is the most...
Persistent link: https://www.econbiz.de/10014040250
Persistent link: https://www.econbiz.de/10011536644
Economic gains from increasing women's participation in the labor market -- Why is childcare a key policy? -- Female … labor force participation in Latin America and the Caribbean -- Use of childcare services -- Childcare provision: service … features for working mothers -- International benchmarking: female labor supply and childcare -- Assessing childcare demand: a …
Persistent link: https://www.econbiz.de/10012245296