Showing 1 - 10 of 39,420
The process of structural transformation forms the very basis of economic growth and development. This paper analyses … change and associated changes in income inequality …
Persistent link: https://www.econbiz.de/10013109242
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10011349190
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 …
Persistent link: https://www.econbiz.de/10010496108
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 …
Persistent link: https://www.econbiz.de/10011981849
This study examines the effect of the quantity and quality of education on economic growth. Using a number of proxy … variables for the quantity and quality of education in a cross section of low and medium income countries, this study finds that … education quantity when measured by enrollment ratios, unambiguously influences economic growth. The effect of government …
Persistent link: https://www.econbiz.de/10014200086
choose the non-professional education track. Those who might have otherwise pursued higher, professional education may forgo … that schooling. The theory developed here explains the forsaken schooling phenomenon, which shows that low-skilled and … education since, they will be overqualified in the host country. This will have a long run affect. As time goes on, therefore …
Persistent link: https://www.econbiz.de/10012311042
From the canonical model of Becker onward, models of population dynamics have been based on assumptions which fit the family structure of developed countries. The aim of this paper is to develop a framework that fits the family structure of poor countries. The building blocks of the model...
Persistent link: https://www.econbiz.de/10009517875
develop a theory of the emergence of mandatory education laws. If parents are unable to commit to educating their children …, child labor laws can increase the welfare of altruistic parents in an ex ante sense. The theory suggests that measures that …
Persistent link: https://www.econbiz.de/10012732366
The paper tests the hypothesis of a positive impact of democratization on growth, economic development and changes in …
Persistent link: https://www.econbiz.de/10014064163
This chapter presents the main theoretical analyses in the area of child labour and their implications in terms of policy design. The discussion is based on the human capital approach and presents a simplified model that allows to frame the most relevant results present in the literature. It...
Persistent link: https://www.econbiz.de/10013297114