One of the most interesting facts about the growth of developed nations, especially of the US growth, in the last three … decades is significant growth of the ratio of the wage of skilled labor to that of unskilled labor. At the same time, existing … growth which is common to all developed countries and which can explain the greatest part of education cost ratio increase in …

Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio …-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are …-2011), we identify the causal effect of intergenerational mobility on household expenditure’s future growth. We find that …

distribution. We find that economic growth is good for the rich in the sense that the mean income of the top decile of the … growth is really good for the really rich. We also find that during economic downturns, the average income of top earners …

This paper studies the dynamic relationship between distribution and endogenous growth in an overlapping generations … per capita growth rates and inequality in the distribution of income. Family background effects and spillovers in the … stability of a constant growth equilibrium with a stationary distribution are derived. Increasing returns, idiosyncratic …

distribution of income is important for long run growth - a conclusion that conforms to some of the recent works in this field …

When measuring income inequality over long periods of time, accounting for population and productivity growth is … income growth than the standard measure. We apply these measures to long-term income data from the United States and find … growth since 1980 than when keeping top groups fixed. For earlier historical periods, our analysis shows that choice of …

growth dynamics. We find multiple politico-economic regimes where the pressure for redistribution is highly non …

) income distribution dynamics, intergenerational community formation and growth. In a world in which redistributive policies …

) income distribution dynamics, intergenerational community formation and growth. In a world in which redistributive policies …

This paper examines the problem of optimal tax mix analytically in a two-sector growth model with transitional dynamics …