This paper studies the origins and consequences of international technology gaps. I develop an endogenous growth model … theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries … innovation-dependence by industry from R&D and bilateral trade data. Calibrating the model implies technology gaps, due to cross …

produced by the most talented individuals. In this country, trade exacerbates the polarization of labor and often worsens the …

the impact of trade on both dimensions of income distribution, this paper seeks to contribute to the ongoing debate on … results emerge. Firstly, the distributional effects of trade are highly sensitive to even minor changes to the assumption of … the 2 x 2 trade model. This suggests that due attention should be paid to the choice of the structural model. Secondly …

-regional inequality level. We also find that trade integration boosts long run growth but increases the North-South wage gap. …We provide a North-South Schumpeterian growth model endogenously generating demand-driven patterns of vertical intra …-industrial trade. More precisely, we build a model featuring non-homothetic preferences and income differences, and show that such …

Starting from a review of the main strands of orthodox and heterodox distribution and growth models and their … variant of heterodox distribution and growth theories, we develop a simple modelling framework in which we can treat these … presented drawing on the relationship between the rate of profit and the rate of growth, as well as on the consideration of one …

We introduce distributive justice into a simple model of growth and distribution. Two groups ("classes") of otherwise … supplies one unit of labour inelastically and desires a wage; and that the labour share impacts growth negatively in our "AK … conflict is resolved by the two positive and three normative criteria we consider. Thus, the macroeconomy (growth, factor …

This paper analyzes the effects of personal income tax progressivity on long-run economic growth, income inequality and … effects (lower GDP growth and lower income inequality); and welfare effects (lower dispersion of consumption across … individuals and higher leisure levels, but also lower growth of future consumption). The social discount factor proves to be …