moreover to investigate the role and the effects on socio-economic growth. Keywords: Income distribution, inequality, poverty …How inequality is generated and how it reproduces over time? This has been a major concern of social scientists for … more than a century. The changes in aggregate or average income is a good measure for economic growth but is far from being …

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 …

The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in …