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answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth … distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come …can income equality be combined with high economic efficiency and rapid economic growth? Fortunately, we need not to …
Persistent link: https://www.econbiz.de/10005486491
answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth … distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come …Can income equality be combined with high economic efficiency and rapid economic growth? Fortunately, we need not to …
Persistent link: https://www.econbiz.de/10010699977
Using two unifying models and an empirical exercise, this paper presents and extends the main theories linking income … depress savings incentives and ameliorate the wealth constraints which impede investment by the poor. The second model is a …' rent-seeking abilities, as well as with the gap between rich and poor. It is not income inequality per se that matters …
Persistent link: https://www.econbiz.de/10014061180
health status and in the joint distribution of health status and income (Deaton and Paxson, 1998). In this paper we summarize … and extend those results, and provide new evidence from the Panel Study of Income Dynamics (PSID). Both surveys contain a … measure of household income, and collect information on an ordinal measures of self-reported health status (SRHS) that ranges …
Persistent link: https://www.econbiz.de/10005647184
This study focuses on the formation of in-kind labour income in Russia. Using 1994 data on individuals, and raises two …
Persistent link: https://www.econbiz.de/10005697694
The history of the Albanian economy tells us that we were not aware clearly about the influencing factors (development and limits) to long-term economic growth. In some historical periods is confused current economic situation with the economic perception for the future.According to the annual...
Persistent link: https://www.econbiz.de/10013061999
The aim of this paper is to study the mechanisms through which aggregate demand and income distribution affect the rate … upon the sensibility of saving and investment decisions to changes in the income shares of workers and capitalists. …
Persistent link: https://www.econbiz.de/10011259165
the average marginal tax rate of income reveals its efficiency state. We establish the above three key results in a …-country differences in TFP to explain wide differences in income per capita across countries. However, econometric exercise proves to be … experiments based on random selections of a set of parameters with suitably specified distributions to match the per capita income …
Persistent link: https://www.econbiz.de/10012957424
Persistent link: https://www.econbiz.de/10012861695
, labour income and living standards in Canada. They find that, once the appropriate adjustments are made, the labour share and … the non-labour share (composed of profits, interest and investment income, and incorporated business income) in national … income tend to revert to their historical means over the 1926-2001 historical period, although divergences may last for …
Persistent link: https://www.econbiz.de/10005481819