This paper examines the effect of an increase in vertical diversity in workers' skill on the long run growth rate of an … diversity is condutive to growth. As the main innovation, communication gap is introduced among workers. It is then shown that … growth may not be increasing with diversity. There may be an inverse-U shaped relationship. …

and education in order to stimulate the diversity of books on offer, increase the density of retail outlets and to promote …

diversity is low, the equilibrium policy is characterized by some amount of general income distribution and some targeted … diversity increases in society, the set of equilibrium policies becomes more and more tilted towards special interest groups and … against general redistribution. As diversity increases further, however, these policies are not sustainable. There exists a …