Showing 1 - 10 of 43,208
Persistent link: https://www.econbiz.de/10001520469
Persistent link: https://www.econbiz.de/10013422944
This paper develops a unified theory for the dynamic implications of income inequality on the process of development …. The proposed theory argues that the replacement of physical capital accumulation by human capital accumulation as a prime … of growth and equality, in the presence of credit constraints, stimulates investment in human capital and promotes …
Persistent link: https://www.econbiz.de/10014142213
We analyze a generalized neoclassical growth model that combines a normalized CES production function and possible asymmetries of savings out of factor incomes. This generalized model helps to shed new light on a recent debate concerning the impact of factor substitution and income distribution...
Persistent link: https://www.econbiz.de/10003592897
Persistent link: https://www.econbiz.de/10003281314
Persistent link: https://www.econbiz.de/10003908294
Persistent link: https://www.econbiz.de/10003688426
Persistent link: https://www.econbiz.de/10003873747
Persistent link: https://www.econbiz.de/10001303236
Persistent link: https://www.econbiz.de/10001639506