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light on the dynamic causality relationship and impact channel between economic growth and inequality - using vector error … inequality, renewed attention should be paid to curbing inequality. Those economies experiencing inclusive growth can further … promote growth with less risk of sacrificing equity. This also provides useful implications for development interventions …
Persistent link: https://www.econbiz.de/10011317824
, as we explain below. Finally, the relationship between remittances and inequality appears to be non …-monotonic: remittances seem to decrease economic inequality in communities with a long migration tradition but to increase inequality within …
Persistent link: https://www.econbiz.de/10014023661
What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical inheritance rules for land in Germany. In some German areas, inherited land was to be shared or divided equally among children, while in others land was ruled to be indivisible....
Persistent link: https://www.econbiz.de/10012288516
Persistent link: https://www.econbiz.de/10003863398
How do the number of trade partners and the concentration of trade among partners affect the economic growth of a country? We refer to these characteristics as the structure of trade, and explore this question empirically in this study. We find that the structure of trade, independently of the...
Persistent link: https://www.econbiz.de/10013124939
light on the dynamic causality relationship and impact channel between economic growth and inequality — using vector error … inequality, renewed attention should be paid to curbing inequality. Those economies experiencing inclusive growth can further … promote growth with less risk of sacrificing equity. This also provides useful implications for development interventions …
Persistent link: https://www.econbiz.de/10013009683
Persistent link: https://www.econbiz.de/10013023068
This study analyzes the effects of government policies on the short-run and long-run movement of locally owned firms from a developed country to a less-developed country and on the output and growth rate of each country in the presence of home bias. The analysis uses a model which was developed...
Persistent link: https://www.econbiz.de/10014199604
Modern paper currency contributes little to productive investment. This shortcoming is not inherent to paper money. It stems from the fact that such money is monopolistically supplied by public monetary authorities that are poor intermediaries. Commercial banknotes, in contrast, are just as...
Persistent link: https://www.econbiz.de/10014222811
products and processes when investment is sunk, is a core mechanism of development. Obstacles to this process are likely to be …
Persistent link: https://www.econbiz.de/10014149651