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growth, inequality enhanced the process of development by channeling resources towards individuals whose marginal propensity … to save is higher. In later stages of development, however, as human capital has become a main engine of growth, equality …Conventional wisdom about the relationship between income distribution and economic development has been subjected to …
Persistent link: https://www.econbiz.de/10010282627
economic growth and public education is evaluated: both have a positive, significant, and substantial effect on …
Persistent link: https://www.econbiz.de/10011440819
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economic growth and public education is evaluated: both have a positive, significant, and substantial effect on …
Persistent link: https://www.econbiz.de/10011459537
We study the relationship between per-capita income and income inequality with a heterogeneous panel co-integration approach.We extend previous studies in two respects: first, we compile a more extensive data set for 61 countries over 26-51 years and consider measures for both pre-tax and...
Persistent link: https://www.econbiz.de/10011981849
development until countries reach upper-middle income, and only thereafter falls. This note quantifies the shape of the mobility …
Persistent link: https://www.econbiz.de/10010423766
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. Following the same methodology, the influence of economic growth and public education is evaluated: both are positively …
Persistent link: https://www.econbiz.de/10011932596
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