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

One of the most interesting facts about the growth of developed nations, especially of the US growth, in the last three … decades is significant growth of the ratio of the wage of skilled labor to that of unskilled labor. At the same time, existing … growth which is common to all developed countries and which can explain the greatest part of education cost ratio increase in …

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 …

The recent theorical literature on the political economy of growth displays contrasting findings on the nature of the … political link between income inequality and growth. In this paper, we explain this contrast and argue that in a democracy, when … expenditures by altruistic agents, a negative relation between inequality and growth emerges in equilibrium. …

This paper surveys the empirical literature on the association between growth on inequality in less developed countries …, with a particular emphasis on labor market inequality. Crosscountry studies failed to find a clear link from growth to … inequality increases with growth. The paper argues that the methodologies used in many of the empirical applications, designed to …

growth. On the one hand, we address modelling approaches in which a distinction is made between managers and workers, where … neo-Kaleckian distribution and growth model with wage inequality, which allows for different medium-run demand regimes in …