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 …

-biased technological progress and use cross-country panel data on inequality and GDP to test these ideas. A one-year increase in the level …

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 …

inequality are gradual and cumulative. In case of a complete liberalization, the world average level of GDP per worker increases … by 20 percent in the short-run, and by more than 55 percent after 50 years. The world average index of inequality … identifying assumptions. We also analyze partial liberalization shocks: efficiency and inequality effects are roughly proportional …

conditioning on a variety of country-level factors that may matter for growth and inequality changes. This evidence confirms the … also small relative to the variation in growth in average incomes, implying that the latter accounts for most of the … variation in income growth in the poorest quintiles. These findings hold across most regions and time periods and when …

relationship between inequality and growth, the role of agriculture in the development process, the relationships between ethnicity …This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the … empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the …

This study explores the link between environmental degradation, economic growth and income inequality within the … framework of the environmental Kuznets curve (EKC) literature. To investigate this issue, we examine how inequality affects … carbon dioxide (CO2) emissions and their relationship with economic growth. We show that the results heavily depend on the …

Countries with high income inequality also show a strong association between parents' and children's economic well … higher inequality in childhood has a negative effect on intergenerational mobility as adults. Furthermore, the influence of … economic growth and public education is evaluated: both have a positive, significant, and substantial effect on …