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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
economic growth and public education is evaluated: both have a positive, significant, and substantial effect on …
Persistent link: https://www.econbiz.de/10011459537
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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
We explore the role of social mobility as a driver of economic development. First, we map the geography of … that increasing social mobility had a significant and robust effect on the development of Latin American regions. …
Persistent link: https://www.econbiz.de/10012671883
We explore the role of social mobility as a driver of economic development by constructing a panel data set that …-regional heterogeneity. Our findings show that increasing social mobility had a significant and robust impact on the development of Latin …
Persistent link: https://www.econbiz.de/10012624762
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