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An advanced economy relies on innovation activity for its further technology improvement. On the other hand a backward economy depends on both imitation from the world technology frontier and innovation activities - innovation being more skilled-intensive than imitation. In this paper I...
Persistent link: https://www.econbiz.de/10011108699
return to ability and generates an increase in wage inequality between and within groups -- consistent with the pattern …
Persistent link: https://www.econbiz.de/10011111009
return to ability and generates an increase in wage inequality between and within groups -- consistent with the pattern …
Persistent link: https://www.econbiz.de/10010538856
In this paper , we consider an economic growth model with human capital accumulation , positive externalities and a cultural system of social norms . We show that endogenous rational emergence of this cultural belief may lead to increasing the stock of human capital and hence accelerating...
Persistent link: https://www.econbiz.de/10011110277
Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are influenced less by the individual’s parents and...
Persistent link: https://www.econbiz.de/10011962601
socioeconomic and demographic circumstances to inequality of opportunity in accessing basic services. The new and major contribution … variable to the inequality of opportunity. This contribution is crucial in identifying which underlying inequalities matter … distribution. The study also finds that inequality of opportunity is driven mainly by per capita household expenditure. This …
Persistent link: https://www.econbiz.de/10011009734
Against the background of inconclusive evidence about the inequality–growth relation, this paper suggests that the … level of inequality increases via the human capital channel with credit market imperfections and that this increasing … inequality negatively affects economic growth. We expand the model presented by Galor and Zeira (1993) to represent the fact that …
Persistent link: https://www.econbiz.de/10011259657
This paper provides original empirical evidence on the evolution of education inequality for all Latin American … and opportunities across the population, including inequality in years of education, gaps in school enrollment, wage skill …
Persistent link: https://www.econbiz.de/10010897695
This paper provides original empirical evidence on the evolution of education inequality for all Latin American … and opportunities across the population, including inequality in years of education, gaps in school enrollment, wage skill …
Persistent link: https://www.econbiz.de/10011429399
This paper provides original empirical evidence on the evolution of education inequality for the Latin American … outcomes and opportunities across the population, including inequality in years of education, gaps in school enrolment, wage …
Persistent link: https://www.econbiz.de/10010319832