This paper provides insights into the apparent seesaw between the generation of theoretical versus empirical economics … yields the main characteristics of the path-changing of economics research, from theoretical-intensive to empirical …

Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered … disparities in health by SES. In our model, lifestyle factors, working conditions, retirement, living conditions and curative care … are mechanisms through which SES, health and mortality are related. Our model predicts a widening and possibly a …

of the role and importance of education in the development process. Presentation of the classification theory refers to … theories of interdependence of education and development (theory of human capital, human development and approach to the … analysis of interdependence of education and economic development has been the subject of interest of researchers for many …

. Specifically, examining changes in public spending in 25 Organization for Economic Co-operation and Development countries over the … period 2000–2009, I find that increases in spending on health are most strongly associated with reductions in the importance … International Student Assessment test scores among 15-year-olds. Public spending on family support, housing, and education are also …

Conventional wisdom about the relationship between income distribution and economic development has been subjected to … for economic development, the Neoclassical paradigm, which had subsequently dominated the field of macroeconomics …

path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical … experiments show that using means-tested education subsidies is the most cost-effective single policy option. However, for longer … time horizons, or as the economy gets closer to the poverty trap threshold, combining means-tested education and wage …

power from landowners to industrialists at local town meetings, affected investments in local public education. We use an … also economically substantial. For example, per capita spending on education increased by approximately 37% within 6 years … that political institutions are a key determinant of human capital accumulation and long-run economic development. …