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This research develops an evolutionary growth theory that captures the intricate time path of life expectancy in the process of development, shedding new light on the origin of the remarkable rise in life expectancy since the Agricultural Revolution. The theory argues that social, economic and...
Persistent link: https://www.econbiz.de/10005125645
This paper develops a growth theory that captures the replacement of physical capital accumulation by human capital accumulation as a prime engine of growth along the process of development. It argues that the positive impact of inequality on the growth process was reversed in this process. In...
Persistent link: https://www.econbiz.de/10005125649
This research suggests that favorable geographical conditions, that were inherently associated with inequality in the distribution of land ownership, adversely affected the implementation of human capital promoting institutions (e.g., public schooling and child labor regulations), and thus the...
Persistent link: https://www.econbiz.de/10005062436
Persistent link: https://www.econbiz.de/10005090869
This paper develops a growth model in which the endogenous evolution of technological change and wage inequality is consistent with the observed pattern in the US and several other countries in the last two centuries. The evolution of the economy and its impact on wage inequality is based upon...
Persistent link: https://www.econbiz.de/10005094147
The history of society is the history of struggles between social classes. Copyright 2006 The Review of Economic Studies Limited.
Persistent link: https://www.econbiz.de/10005167944
Persistent link: https://www.econbiz.de/10005181186
Persistent link: https://www.econbiz.de/10005181199
This research advances an evolutionary growth theory that captures the pattern of life expectancy in the process of development, shedding new light on the sources of the remarkable rise in life expectancy since the Agricultural Revolution. The theory suggests that social, economic and...
Persistent link: https://www.econbiz.de/10005498168
Persistent link: https://www.econbiz.de/10005405637