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The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon … considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are … activity. Moreover, it seems relevant to consider not only the levels of inequality and agglomeration, but also their change …
Persistent link: https://www.econbiz.de/10011515023
Maintaining optimal levels of unemployment and external debt remains a significant challenge for ensuring consistent … unemployment, external debt, inflation, and limited capital formation, Somalia is increasingly recognizing the importance of … inclusive growth. Therefore, this paper empirically examines the relationship between gross domestic product (GDP), unemployment …
Persistent link: https://www.econbiz.de/10015340243
What is the relationship between inequality and growth? This question has occupied and fascinated social scientists for … interplay between inequality and economic growth. Inequality might come in many forms: (top) incomes, wages, wealth, land, or … potential for growth to 'take off'. We consider causality running from inequality to growth; hence, the Kuznets hypothesis is …
Persistent link: https://www.econbiz.de/10012816433
change ; urbanization …
Persistent link: https://www.econbiz.de/10009375255
level of fertility. In this context, economic inequality is not only decisive for human capital investments and the … effect of inequality and pollution on economic growth is amplified, if the population group that is least affected decides …
Persistent link: https://www.econbiz.de/10010489896
security services in the fight against jihadist terrorism, help to reduce youth unemployment, and help to reduce economic …
Persistent link: https://www.econbiz.de/10012964092
We can enhance development by making it easier for people to “vote with their feet” between jurisdictions. Few, if any, policy reforms can achieve such enormous increases in economic growth and opportunity. Foot voting is, in several crucial respects, a better mechanism of political...
Persistent link: https://www.econbiz.de/10012899463
Persistent link: https://www.econbiz.de/10013349411
The job search literature suggests that on-the-job search reduces the probability of unemployed people finding a job. However, there is little evidence that employed and unemployed job seekers are similar or apply for the same jobs. We compare employed and unemployed job seekers in terms of...
Persistent link: https://www.econbiz.de/10009687137
Employment protection (EPL) has a well known negative impact on labor flows as well as an ambiguous but often negative effect on employment. In contrast, its impact on capital accumulation and capital-labor ratio is less well understood. The available empirical evidence suggests a non-monotonic...
Persistent link: https://www.econbiz.de/10010387699