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Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
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equilibrium concept for personal income distribution which is located in status theory and which can explain why a certain or …
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Redistribution is usually understood in terms of income; as a way to rank individuals as well as to determine taxable …
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that quantitative answers regarding the reduction-redistribution trade-offs of such policies remain limited. Looking at the … reduction-redistribution trade-off of different policy mixes. Our results for the reduction-redistribution trade-off show that a …
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This paper analyzes the relationship between economic growth, inequality and redistribution. In a cross-country setting … the short run. To estimate the impact of redistribution to low-income earners, we introduce a new measure, the so …-called net benefit share (NBS). Contrary to other findings, we show that this (targeted) redistribution to lowincome earners (Q1 …
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