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education vouchers for economic growth and the evolution of income inequality. The results indicate that introducing education … vouchers can increase economic growth. Families that switch from public to private education due to vouchers experience higher …This paper uses a growth model with public and private education alternatives to investigate the implications of …
Persistent link: https://www.econbiz.de/10014089359
focuses on neoclassical growth in order to ensure tractability in identifying a steady state. The steady state income … distribution is found to be bimodal. Public education offers higher growth to the poor in the transition to the steady state …
Persistent link: https://www.econbiz.de/10014121317
Does redistribution increase inequality? Is inequality harmfiil for growth? Both questions have recently been addressed … in a number of single-tax models. In this paper, I examine the relationship between policy, growth and inequality when …. Redistributive labor income taxation has a negative impact on short- and long-run growth and inequality while capital taxation …
Persistent link: https://www.econbiz.de/10010986305
Does redistribution increase inequality? Is inequality harmfiil for growth? Both questions have recently been addressed … in a number of single-tax models. In this paper, I examine the relationship between policy, growth and inequality when …. Redistributive labor income taxation has a negative impact on short- and long-run growth and inequality while capital taxation …
Persistent link: https://www.econbiz.de/10010398201
Does redistribution increase inequality? Is inequality harmfiil for growth? Both questions have recently been addressed … in a number of single-tax models. In this paper, I examine the relationship between policy, growth and inequality when …. Redistributive labor income taxation has a negative impact on short- and long-run growth and inequality while capital taxation …
Persistent link: https://www.econbiz.de/10009774711
real capital. An important prerequisite for a sustainable growth process is the efficient design of the social security …
Persistent link: https://www.econbiz.de/10009356993
The literature on income inequality and growth has considered credit market imperfection to be a key factor in …
Persistent link: https://www.econbiz.de/10012721528
between income distribution and economic growth, can be replaced by an assumption that the bequest function is convex with …
Persistent link: https://www.econbiz.de/10014139381
distribution. We find that economic growth is good for the rich in the sense that the mean income of the top decile of the … growth is really good for the really rich. We also find that during economic downturns, the average income of top earners …
Persistent link: https://www.econbiz.de/10011257836
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 …
Persistent link: https://www.econbiz.de/10010321661