There is a growing literature studying the effects of economic freedom and democracy on income inequality; nevertheless, the inequality-effects of both factors are apparently studied separately. This paper revisits the income inequality-economic freedom nexus and uncovers the role of political...

Human capital as a critical engine of economic growth is present in many empirical and theoretical body of knowledge on growth models and theory. However, the conclusion on its importance as a driver of economic growth remains inconclusive. The aim of this study is to provide and detailed...

This special issue of the International Review of Economics and Finance contributes to the received literature of the dynamics of international migration by highlighting the role of tradition in propelling migration; by admitting that the human capital formation response to the prospect of...

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 evidence seems to suggest that the ratio of the...

Economic inequality has traditionally not been the center of mainstream macroeconomic thought. Rethinking whether and how today's high economic inequality – along all axes, not just income – affects economic growth and stability is an increasingly relevant and important field of inquiry....

Ist inzwischen zusammengewachsen, was zusammengehört? Die Prüfung dieser von Willy Brandt im November 1989 formulierten Vision erfordert eine Bilanzierung, die die Verteilung von Einkommen und Arbeitsmarktchancen ebenso in den Blick nimmt wie Haushalts- und Familienformen und die subjektiven...

Das Wachstum der deutschen Wirtschaft wäre seit der Wiedervereinigung kumuliert um rund zwei Prozentpunkte höher gewesen, wenn die Einkommensungleichheit konstant geblieben wäre. Darauf weisen Simulationsrechnungen mit dem DIW Makromodell hin, die unter der Annahme durchgeführt wurden, dass...