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The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development. More specifically, we are interested in distinguishing between changes which seem to be country specific and characteristics shared by all countries. A historical account of the...
Persistent link: https://www.econbiz.de/10010320107
The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development. More specifically, we are interested in distinguishing between changes which seem to be country specific and characteristics shared by all countries. A historical account of the...
Persistent link: https://www.econbiz.de/10005645360
We analyze the effect of automation on economic growth and inequality in an R&D-based growth model with two types of … population share of graduates, increasing income and wealth inequality, a declining labor share, and (in an extension of the … basic model) increasing unemployment. In contrast to Piketty's famous claim that faster economic growth reduces inequality …
Persistent link: https://www.econbiz.de/10011620796
We analyze the effects of R&D-driven automation on economic growth, education, and inequality when high-skilled workers …-driven growth leads to an increasing population share of college graduates, increasing income and wealth inequality, and a declining …
Persistent link: https://www.econbiz.de/10011967467
economic inequality, has attracted the greatest attention. However, the picture becomes much more complex if other epidemics … affected inequality in health and living standards. …
Persistent link: https://www.econbiz.de/10012669542
This work explores the role of the Brazilian inheritance system in the country's wealth inequality. Brazilian Civil Law …
Persistent link: https://www.econbiz.de/10014486105
We analyze the effects of automation and education on economic growth and inequality in an R&D-based growth model with … increasing population share of college graduates, increasing income and wealth inequality, and a declining labor share. In … contrast to conventional wisdom, our theory predicts that faster economic growth promotes inequality. Because education and …
Persistent link: https://www.econbiz.de/10011754898
inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …
Persistent link: https://www.econbiz.de/10010320172
inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …
Persistent link: https://www.econbiz.de/10010281378
Persistent link: https://www.econbiz.de/10012598769