Conventional wisdom about the relationship between income distribution and economicdevelopment has been subjected to dramatic transformations in the past century. Whileclassical economists advanced the hypothesis that inequality is beneficial for growth, theneoclassical paradigm dismissed the...

We study the dispersion in rates of provincial economic- and TFP growth in China. Ourresults show that regional growth patterns can be understood as a function of severalinterrelated factors, which include investment in physical capital, human capital, andinfrastructure capital; the infusion of...

Der demografische Wandel zwingt Deutschland zu empfindlichen Korrekturen seiner Politik auf allen Ebenen. Dies gilt auch für eine Reform der Zuwanderungspolitik mit dem Ziel, sie am tatsächlichen Bedarf auszurichten und selektiv zu gestalten. Eine gezielte Auswahl von Zuwanderern anhand...

"This paper analyses the (self-)selection of migrants between countries which have substantial differences in the inequality of earnings and income levels. In an extended version of the Roy-model we consider migration costs, which tend to grow less than proportional with the income level. As a...

Der demografische Wandel zwingt Deutschland zu empfindlichen Korrekturen seiner Politik auf allen Ebenen. Dies gilt auch für eine Reform der Zuwanderungspolitik mit dem Ziel, sie am tatsächlichen Bedarf auszurichten und selektiv zu gestalten. Eine gezielte Auswahl von Zuwanderern anhand...

"This paper analyses the (self-)selection of migrants between countries which have substantial differences in the inequality of earnings and income levels. In an extended version of the Roy-model we consider migration costs, which tend to grow less than proportional with the income level. As a...

Der demografische Wandel zwingt Deutschland zu empfindlichen Korrekturen seiner Politik auf allen Ebenen. Dies gilt auch für eine Reform der Zuwanderungspolitik mit dem Ziel, sie am tatsächlichen Bedarf auszurichten und selektiv zu gestalten. Eine gezielte Auswahl von Zuwanderern anhand...

This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...

We generalise the traditional development-accounting framework to an open-economy setting. In addition to factor endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped by bilateral trade determinants (which underpin the...

This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...