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Inequality and growth : the dual role of human capital in development
Eicher, Theo S. - 2000
To examine how human capital accumulation influences both economic growth and income inequality, we carefully endogenize the demand and supply of skills. We explicitly introduce the costs and externalities in education, and examine how both relate to learning-by-doing and R&D intensity. In...
Persistent link: https://www.econbiz.de/10009781636
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Chapter 25. Inequality, Technology and the Social Contract
Bénabou, Roland - 2005
The distribution of human capital and income lies at the center of a nexus of forces that shape a country’s economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
Persistent link: https://www.econbiz.de/10014023762
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Trade, wages and skill accumulation in the emerging giants
Harris, Richard G.; Robertson, Peter E. - In: Journal of international economics 89 (2013) 2, pp. 407-421
Persistent link: https://www.econbiz.de/10009719595
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Intervention, innovation, and wage inequality in developed countries
Bowman, Kevin J.; Taengnoi, Sarinda - In: Eastern economic journal 39 (2013) 4, pp. 511-529
Persistent link: https://www.econbiz.de/10010195628
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Inequality and Growth : The Dual Role of Human Capital in Development
Eicher, Theo S. - 2012
This paper examines how the accumulation of human capital determines both a country's growth rate and income inequality. In contrast to previous work, we do not rely on credit market imperfections or political economy arguments. The insight of this model is that inequality is determined by the...
Persistent link: https://www.econbiz.de/10013106806
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Inequality and Growth : The Role of Human Capital with Heterogeneous Skills
Borissov, Kirill - 2016
We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and initial human capital endowments. We consider two regimes according to the planner's political constraints. In the first regime, that we call meritocracy, the planner faces...
Persistent link: https://www.econbiz.de/10012985671
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Inequality and Growth : The Dual Role of Human Capital in Development
Eicher, Theo S.; Garcia-Peñalosa, C. - 2021
To examine how human capital accumulation influences both economic growth and income inequality, we carefully endogenize the demand and supply of skills. We explicitly introduce the costs and externalities in education, and examine how both relate to learning-by-doing and R&D intensity.1 In...
Persistent link: https://www.econbiz.de/10013321167
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Geography of skills and global inequality
Burzynski, Michal; Deuster, Christoph; Docquier, Frédéric - In: Journal of development economics 142 (2020)
Persistent link: https://www.econbiz.de/10012233160
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China : Toward a Consumption-Driven Growth Path
Lardy, Nicholas - 2012
This policy brief examines the reasons underlying the leadership decision, the implications of this transition for the United States and the global economy, and the steps that have been taken to embark on the new growth path
Persistent link: https://www.econbiz.de/10013102420
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China's Economic New Normal : Growth, Structure, and Momentum
Cai, Fang (ed.) - 2020
appear in China? -- Chapter 9 What is a Middle Income Trap? -- Chapter 10 The Emphasis of Active Changes of the Economic … Structure -- Chapter 11 The Production Rate of China’s Economy in the Phase of New Normal -- Chapter 12 The Changes of and … Decisive Factors for Income Gaps in Recent China -- Chapter 13 The Forecast and Analysis of Changes of Labor’s Share of Income …
Persistent link: https://www.econbiz.de/10012399342