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Despite rising interest in income inequality, scholars remain divided over the mechanisms most amenable to inclusive income growth, how these mechanisms vary across country, and the trade-offs between levels and inclusivity of growth. This study introduces the concept of national growth...
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The distribution of human capital and income lies at the center of a nexus of forces that shape a country’s economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
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This paper attempts to analyze the growth effects of social security expenditures in Germany from a time series perspective. Therefore, a regression model based on standard determinants of growth is specified and estimated as a vector error correction model. Results show that there is a...
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