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Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be … Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine … whether inequality of opportunity - driven by circumstances at birth - has a negative effect on subsequent growth. Results are …
Persistent link: https://www.econbiz.de/10010364975
Persistent link: https://www.econbiz.de/10009790245
role of institutions as a mediating factor in the ethnicity-inequality nexus has not received the scholarly attention it … inequality empirics. While ethnic diversity h asalso been identified as one of the fundamental causes of income inequality, the … framework corrects the noisy influence originating from the nexus between "ethnic diversity" and inequality in 26 sub -Saharan …
Persistent link: https://www.econbiz.de/10011997604
monetary and fiscal policies become sharper as the level of income inequality increases. …
Persistent link: https://www.econbiz.de/10010403730
Reproducing the socio-spatial structure of cities is one of the challenges facing the standard urban economics model of Alonso, Muth, Mills (AMM model). In a widely cited paper, Jan K. Brueckner, Jacques-François Thisse and Yves Zenou (1999) asked "Why is central Paris rich and downtown Detroit...
Persistent link: https://www.econbiz.de/10012491261
Persistent link: https://www.econbiz.de/10011777709
The aggregate saving indicator does not directly reflect changes in individuals’ microeconomic behavior. From the official statistics’ point of view, households choose between spending, which generates additional income and consumption in the economy, and setting money aside, which does not....
Persistent link: https://www.econbiz.de/10011806421
The aggregate saving indicator does not directly reflect changes in individuals' microeconomic behavior. From the official statistics' point of view, households choosebetween spending, which generates additional income and consumption in the economy, and setting money aside, which does not....
Persistent link: https://www.econbiz.de/10011751875
This study reexamines the relationship between economic growth and inequality, challenging the conventional view that … regards inequality solely as an impediment to development. While recognizing the essential role of economic growth in … growth. We explore how inequality interplays with pressing global challenges like climate change and pandemics, areas that …
Persistent link: https://www.econbiz.de/10014445740
has been marginalized in economic theory because it doesn't fit into neoclassical models. Using agent-based simulation (in …
Persistent link: https://www.econbiz.de/10014163929