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We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require … used (nonlinear) parametric approaches - the economy first expands rapidly with a large decline in inequality, plateaus … when inequality remains relatively stable, and then decreases rapidly with a large increase in inequality. This novel …
Persistent link: https://www.econbiz.de/10010469680
Persistent link: https://www.econbiz.de/10011382981
We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require … used (nonlinear) parametric approaches - the economy first expands rapidly with a large decline in inequality, plateaus … when inequality remains relatively stable, and then decreases rapidly with a large increase in inequality. This novel …
Persistent link: https://www.econbiz.de/10013029626
partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined … inequality in rich countries. It is argued that using some unadjusted inequality measures in growth regressions may yield …
Persistent link: https://www.econbiz.de/10011409838
inequality indices when estimated from complex survey data. It turns out that this method also greatly simplifies the …
Persistent link: https://www.econbiz.de/10011438447
This paper describes the application of a semiparametric approach, known as a varying coefficients model (Hastie and …
Persistent link: https://www.econbiz.de/10012016731
) semiparametric binary response model. …
Persistent link: https://www.econbiz.de/10011994834
The knowledge production function is central to Ramp;D-based growth models. This paper empirically investigates the … in light of existing theoretical and empirical evidence on endogenous growth …
Persistent link: https://www.econbiz.de/10012780677
Persistent link: https://www.econbiz.de/10011924262
Persistent link: https://www.econbiz.de/10010515873