This paper uses a growth model with public and private education alternatives to investigate the implications of … 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 …

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 …

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 …

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 …

growth dynamics. We find multiple politico-economic regimes where the pressure for redistribution is highly non …

real capital. An important prerequisite for a sustainable growth process is the efficient design of the social security …