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We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different … mixes of investment in human capital and infrastructure. We show that investment in human capital is much more effective …
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relations and the growth model in this context. The first section discusses the relationship between the employer …-employee distribution of income and economic growth under neoliberalism, highlighting that anaemic growth was largely the outcome of …
Persistent link: https://www.econbiz.de/10014321417
We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...
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