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The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are also uneven across space, it also seems relevant...
Persistent link: https://www.econbiz.de/10011515023
Endogenous, ideas-led growth theory and the literature on agent-based modeling with neighborhood effects are crossed …
Persistent link: https://www.econbiz.de/10014216486
The vast majority of regions in West Germany, and the EU, have become more similar in terms of per-capita income and productivity between 1980 and 2000. But a number of rich areas - generally large agglomerations - have succeeded in departing from this trend of convergence. They are continuing...
Persistent link: https://www.econbiz.de/10003324227
This special issue contains papers by both economists and geographers on agglomeration and growth. In this introduction, we first provide a brief sketch of recent developments in the interaction between economists and geographers. We then propose some contextual background to make it easier for...
Persistent link: https://www.econbiz.de/10012760803
The stylized fact that the fraction of workers who are college graduates appears to increase more in US cities where the initial share is larger has attracted significant attention. Furthermore, more educated cities appear to grow faster. These two trends could portend the divergence of cities...
Persistent link: https://www.econbiz.de/10012900149
In a growth accounting context one usually constructs a quality adjusted index of labor services by aggregating over predefined groups of workers, using the groups' relative wage bills as weights. In this article we suggest a method based on decomposing individual predicted wages into a...
Persistent link: https://www.econbiz.de/10003975612
Many studies have found a strong association between economic outcomes of nations and their performance on international cognitive tests. This association is often interpreted as evidence for the importance of cognitive skills for economic growth. However, noncognitive skills, such as motivation...
Persistent link: https://www.econbiz.de/10011407799
Many studies have found a strong association between economic outcomes of nations and their performance on international cognitive tests. This association is often interpreted as evidence for the importance of cognitive skills for economic growth. However, noncognitive skills, such as motivation...
Persistent link: https://www.econbiz.de/10013009506
Economic theory emphasized the necessity of skill acquisition and conservation as a precondition for growth. This paper …
Persistent link: https://www.econbiz.de/10012931620
In a growth accounting context one usually constructs a quality adjusted index of labor services by aggregating over predefined groups of workers, using the groups' relative wage bills as weights. In this article we suggest a method based on decomposing individual predicted wages into a...
Persistent link: https://www.econbiz.de/10013141726