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This paper explores the view that a criterion of intergenerational equity serves to make choices according to ethical intuitions on a domain of relevant technological environments. In line with this view I first calibrate different criteria of intergenerational equity in the AK model of economic...
Persistent link: https://www.econbiz.de/10011475618
This paper provides a normative framework for the assessment of the distributional incidence of growth. By removing the anonymity axiom, such framework is able to evaluate the individual income changes over time and the reshu­ ing of individuals along the income distribution that are determined...
Persistent link: https://www.econbiz.de/10013090621
This paper addresses the problem of ranking growth episodes from a microeconomic perspective. While most of the existing criteria, framed in the pro-poor growth tradition, are either based on anonymous individuals or use to identify them on the base of their status in the initial period, this...
Persistent link: https://www.econbiz.de/10013014586
This paper analyzes the relations between social capital, institutions and trust. These concepts are full of ambiguity and confusion. This paper attempts to dissolve some of the confusion, by distinguishing trust and control, and analyzing institutional and relational conditions of trust. It...
Persistent link: https://www.econbiz.de/10012733578
Trust among individuals in society may have various economic and social implications. Though, worldwide data on economic growth seldom deem trust as an ingredient in manipulating economic outcomes. Thus, in this model trust is included instigating from an individual, affecting community and...
Persistent link: https://www.econbiz.de/10014343893
Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on skills rather than idiosyncratic attributes unrelated to productivity? If so, why? And what are the aggregate consequences? Using internationally comparable data on worker skills and...
Persistent link: https://www.econbiz.de/10014528414
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