quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor … path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical … experiments show that using means-tested education subsidies is the most cost-effective single policy option. However, for longer …

We investigate the effect of higher education on the evolution of inequality. In so doing we propose a novel … initial phase in which no social class invests in higher education of their children, such that the evolution of inequality is … education of their children, which partially crowds out bequests and thereby reduces inequality in the short run. The better …

We investigate the effect of higher education on the evolution of inequality. In so doing we propose a novel … initial phase in which no social class invests in higher education of their children such that inequality is driven by … bequests. Once a certain income threshold is surpassed, the rich start to invest in higher education of their children, which …

This paper uses recently published top 1% income share series in studying the inequality-development association. The … opportunity to study slow development processes. The empirical inequality-development studies have started to call into question … spline methods. The association between top 1% share and development is found to experience a reversal at later stages of …

We study the relationship between per-capita income and income inequality with a heterogeneous panel co …-51 years and consider measures for both pre-tax and post-tax income inequality; second, we take into account country …-tax income inequality,but no such relationship for post-tax income inequality. Moreover, we find estimates on the country level …

dimensions and root causes of gender inequality call for mainstreaming gender across policy domains. …

We show that gender inequality decreases the variety of goods countries produce and export, in particular in low … of human capital available in an economy. Second, gender gaps in the labor market impede the development of new ideas by …

of wage inequality. Our model explains the simultaneous presence of i) increasing per capita GDP, ii) de-clining real …