Showing 1 - 10 of 45,880
education vouchers for economic growth and the evolution of income inequality. The results indicate that introducing education … vouchers can increase economic growth. Families that switch from public to private education due to vouchers experience higher …This paper uses a growth model with public and private education alternatives to investigate the implications of …
Persistent link: https://www.econbiz.de/10014089359
focuses on neoclassical growth in order to ensure tractability in identifying a steady state. The steady state income … distribution is found to be bimodal. Public education offers higher growth to the poor in the transition to the steady state …
Persistent link: https://www.econbiz.de/10014121317
Does redistribution increase inequality? Is inequality harmfiil for growth? Both questions have recently been addressed … in a number of single-tax models. In this paper, I examine the relationship between policy, growth and inequality when …. Redistributive labor income taxation has a negative impact on short- and long-run growth and inequality while capital taxation …
Persistent link: https://www.econbiz.de/10009774711
Persistent link: https://www.econbiz.de/10013388126
real capital. An important prerequisite for a sustainable growth process is the efficient design of the social security …
Persistent link: https://www.econbiz.de/10009356993
The literature on income inequality and growth has considered credit market imperfection to be a key factor in …
Persistent link: https://www.econbiz.de/10012721528
between income distribution and economic growth, can be replaced by an assumption that the bequest function is convex with …
Persistent link: https://www.econbiz.de/10014139381
Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio …-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are …-2011), we identify the causal effect of intergenerational mobility on household expenditure’s future growth. We find that …
Persistent link: https://www.econbiz.de/10011962601
distribution. We find that economic growth is good for the rich in the sense that the mean income of the top decile of the … growth is really good for the really rich. We also find that during economic downturns, the average income of top earners …
Persistent link: https://www.econbiz.de/10011271631
When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … growth since 1980 than when keeping top groups fixed. For earlier historical periods, our analysis shows that choice of …
Persistent link: https://www.econbiz.de/10011939792