Showing 1 - 10 of 1,657
relationship between U.S. troops and growth. The necessity of military force in providing security for nation-building is a common … of troops on growth. We use a newly constructed disaggregated dataset on the deployment of U.S. troops over the years … 1950-2000, and discover a positive relationship with host country economic growth, robust to multiple control variables …
Persistent link: https://www.econbiz.de/10014217127
What accounts for the growth of US top income inequality? This paper proposes a hierarchical redistribution hypothesis … hierarchical rank within modeled firms. I find that this model is able to reproduce four intercorrelated US trends: (1) the growth … of the top 1% income share; (2) the growth of the CEO pay ratio; (3) the growth of the dividends share of national income …
Persistent link: https://www.econbiz.de/10011880804
utilization. First, it explains why utilization is a crucial variable for the various theories of growth and distribution … growth rate of demand that matters, not the level of demand.The paper makes three contributions. First, following up on …
Persistent link: https://www.econbiz.de/10012208160
Building on a Kaleckian-structuralist macroeconomic growth model this paper examines the impact of the interaction … between labor market gender equality and social reproduction (SR) or care provisioning, on economic growth across U.S. states … relationship between women's labor force participation rate (WLFPR) and state's per-capita growth rate across these regimes. The …
Persistent link: https://www.econbiz.de/10014483502
In the present paper an empirical analysis will point out that shadow economy tends to push up house prices, distorting real estate market. The sample covers EU, Japan and The United States. Data are taken from OECD and (Schneider et al., 2010); (Schneider, 2013). The elaboration of these panel...
Persistent link: https://www.econbiz.de/10013071478
on income inequality are less understood. We estimate the dynamic impact of thunderstorms on income and wages and reveal …, income and wages' growth. While income tends to recover in the long run, wages exhibit a significantly more stubborn decline …, suggesting persistent and adverse impacts on (functional) income inequality. Our analyses also highlight lack of effective …
Persistent link: https://www.econbiz.de/10014439095
This paper considers a class of fixed-T nonlinear panel models with time-varying link function, fixed effects, and endogenous regressors. We establish sufficient conditions for the identification of the regression coefficients, the time-varying link function, the distribution of counterfactual...
Persistent link: https://www.econbiz.de/10013307459
Panel or grouped data are often used to allow for unobserved individual heterogeneity in econometric models via fixed effects. In this paper, we discuss identification of a panel data model in which the unobserved heterogeneity both enters additively and interacts with treatment variables. We...
Persistent link: https://www.econbiz.de/10014322772
Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …
Persistent link: https://www.econbiz.de/10012424164
Persistent link: https://www.econbiz.de/10010480617