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political link between income inequality and growth. In this paper, we explain this contrast and argue that in a democracy, when … redistribution is in the form of government expenditure on education, and government expenditure does not crowd out private …
Persistent link: https://www.econbiz.de/10005670327
pervasive informal sector and a wide wage dispersion reflecting a large education premium for those with higher education …
Persistent link: https://www.econbiz.de/10011276885
pervasive informal sector and a wide wage dispersion reflecting a large education premium for those with higher education …
Persistent link: https://www.econbiz.de/10009769636
We are interested in the relation between Gini coefficients of education, educational variables, and growth. We specify … a system of 14 difference equations with lagged dependent variables in education variables, as well as a growth … tertiary education will go beyond 90%, and therefore drive transitional growth rates and average years of schooling to high …
Persistent link: https://www.econbiz.de/10010712236
This paper examines the role of public education in the context of parental migration, and it studies the effects of an … expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy … on education does not make up for the negative effects of increased parental absences. However, if the migration …
Persistent link: https://www.econbiz.de/10003944305
This paper examines the role of public education in the context of parental migration, and it studies the effects of an … expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy … on education does not make up for the negative effects of increased parental absences. However, if the migration …
Persistent link: https://www.econbiz.de/10013146464
Students around the world are going to school but are not learning – an emerging gap in human capital formation. To understand this gap, this paper introduces a new data set measuring learning in 164 countries and territories. The data cover 98 percent of the world's population from 2000 to...
Persistent link: https://www.econbiz.de/10012891976
We analyze investment decisions when information is costly, with and without delegation to an agent. We use a rational-inattention model and compare it with a canonical signal-extraction model. We identify three "investment conditions". In "sour" conditions, no information is acquired and no...
Persistent link: https://www.econbiz.de/10011667675
This research exploits novel evidence on current and historical inequality dynamics, as well as an instrumental variable (IV) strategy (founded on historical settler mortality à la Acemoglu et al.), to document the fundamental role of income redistribution through taxes and transfers in...
Persistent link: https://www.econbiz.de/10013235206
outcomes: economic growth, health and education as two dimensions of human development, and governance, with a focus on … democracy. Drawing on the insights from different disciplines and considering recent work, it reveals that existing evidence …
Persistent link: https://www.econbiz.de/10012432946