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InequalityGrowth2021EconomicsCentreNBER Working Papers2018AggregateImbalancesStagnationMacroeconomicsEvidenceAnalyzeDynamicsTheoryChapterLabourCapitalism20022020ShocksHeterogeneityMarxProductivityPhysicalProduction processesConvergence2023RecessionSeriesJournalEuropean Economic ReviewConsumptionHistoryNeoliberalLiberalizationEvolutionFormationInterpretationsInnovationsProtection of intellectualCorrelationsAmerican Econom1993National Bureau oAdjustmentDevelopmentPeriodsActivityEducationTransitionReviewGenderImplicationsConsequences
Inequality7
  • 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. (uni-muenchen.de)
  • A New Data Set Measuring Income Inequality (CEMA Working Paper No. 512). (uni-muenchen.de)
  • Inequality, Human Capital Formation and the Process of Development (NBER Working Paper No. 17058). (uni-muenchen.de)
  • Economic growth, skill-biased technical change and wage inequality: A model and estimations for the US and Europe. (uni-muenchen.de)
  • Inequality, Human Capital and Development: Making the Theory Face the Facts (MPRA Paper No. 18973). (uni-muenchen.de)
  • Economic Growth and Income Inequality. (uni-muenchen.de)
  • After completing the module, participants should be able to understand the economic consequences of gender inequality. (exploring-economics.org)
Growth36
  • This research develops an evolutionary growth theory that captures the interplay between the evolution of mankind and economic growth since the emergence of the human species. (ssrn.com)
  • This unified theory encompasses the observed evolution of population, technology and income per capita in the long transition from an epoch of Malthusian stagnation to sustained economic growth. (ssrn.com)
  • The theory suggests that prolonged economic stagnation prior to the transition to sustained growth stimulated natural selection that shaped the evolution of the human species, whereas the evolution of the human species was the origin of the take-off from an epoch of stagnation to sustained growth. (ssrn.com)
  • The presented empirical results, using Korean data from 1998 to 2008, imply that education plays a significant role in the divergence of household wealth over time and that the government's financial aid package in the form of the new student loans program positively influences equality and short-run economic growth by promoting the number of skilled workers. (uni-muenchen.de)
  • Distributive Politics and Economic Growth, Scholarly Articles 455178, Harvard University Department of Economics. (uni-muenchen.de)
  • Journal of Economic Growth 8, 267-99. (uni-muenchen.de)
  • Journal of Economic Growth 14, 205-231. (uni-muenchen.de)
  • R & D-Based Models of Economic Growth. (uni-muenchen.de)
  • How does patent policy affect long-run economic growth through the population growth rate? (uni-muenchen.de)
  • In this study, we develop a semi-endogenous-growth version of the quality-ladder model with endogenous fertility and human-capital accumulation to analyze an unexplored interaction between intellectual property rights, endogenous fertility and economic growth. (uni-muenchen.de)
  • Journal of Economic Growth 15, 93-125. (uni-muenchen.de)
  • Fertility choice in a model of economic growth. (uni-muenchen.de)
  • Confidence-enhanced economic growth. (uni-muenchen.de)
  • Journal of Economic Growth 14, 55-78. (uni-muenchen.de)
  • Journal of Economic Growth 8, 115-148. (uni-muenchen.de)
  • Journal of Economic Growth 6, 55-77. (uni-muenchen.de)
  • Journal of Economic Growth 3, 313-335. (uni-muenchen.de)
  • Economic growth with imperfect protection of intellectual property rights. (uni-muenchen.de)
  • Rainfall Forecasts, Weather and Wages over the Agricultural Production Cycle ," Center Discussion Papers 162421, Yale University, Economic Growth Center. (repec.org)
  • GDP per capita was broadly stable before the Industrial Revolution and the emergence of the modern capitalist economy, while the Industrial Revolution began an era of per-capita economic growth in capitalist economies. (wikipedia.org)
  • Rapid economic growth began to occur after 1870, springing from a new group of innovations in what has been called the Second Industrial Revolution. (wikipedia.org)
  • The boom gave way, in the 2000s, to a decade of protracted growth, worsening labour market conditions, steady accumulation of external imbalances, and rising debt. (cepr.org)
  • Natural resource rents, development assistance and unrequited foreign exchange inflows such as remittances relax the balance of payments constraint on economic growth. (researchgate.net)
  • constraint on economic growth. (researchgate.net)
  • JEL classification: E60, F43, O40 Earlier versions of this Policy Contribution were presented at the Bruegel-PIIE conference on Transatlantic economic challenges in an era of growing multipolarity, Berlin, 27 September 2011, and at the BEPA-Polish Presidency conference on Sources of growth in Europe, Brussels, 6 October 2011. (moam.info)
  • IT, economic growth and productivity. (bristol.ac.uk)
  • Raising the speed limit: U. S. economic growth in the information age. (bristol.ac.uk)
  • ICT investment and economic growth in the 1990s: is the United States a unique case? (bristol.ac.uk)
  • X "The role new start-ups may play in the economic recovery has been thrust into the political limelight, with a number of policy makers and advocates calling for network interventions to stimulate and foster an environment conducive to their growth and development. (iab.de)
  • The most recent example of the use of this approach was John Foster and Fred Magdoff's book The Great Financial Crisis (Monthly Review Press, 2009) which sets the current economic difficulties, particularly for American Capitalism, in the context of the long run tendency for monopoly capital to experience stagnation in economic growth due to the difficulties of absorbing an ever-growing economic surplus. (urpe.org)
  • There are many evidences that IPR could increase the overall economic growth and bring in technological growth and help in the overall growth in every prospect which would promote effective competition 2 . (ijalr.in)
  • According to TRIPS (Trade related aspect of Intellectual property rights) in WTO there have been many questions regarding the impact on economic growth 3 . (ijalr.in)
  • The reasons given where first, there many factors which effect the economic growth which would lead to domination on the growth of IPR with factors like market openness, microeconomics, and macroeconomics 4 . (ijalr.in)
  • His idea was that fundamental economic forces might have been conspiring in a vicious cycle that prevented economic recovery resulting in permanent high unemployment and low growth. (blogspot.com)
  • What really is capital and what does it mean for value, growth, and distribution? (angrybearblog.com)
  • Mechanically, it reflects the higher growth potential of economies that are catching up with advanced economies by closing the technology gap, improving institutional capacity and fostering the accumulation of physical and human capital. (europa.eu)
20211
  • 2021) and economists have begun to estimate the economic costs for the world economy of different breakup scenarios (Bolhuis et al. (nakedcapitalism.com)
Economics8
Centre1
  • The data used in this paper come from the Swedish Interdisciplinary Panel (SIP) administered at the Centre for Economic Demography, Lund University, Sweden. (lu.se)
NBER Working Papers1
  • Rainfall Forecasts, Weather and Wages over the Agricultural Production Cycle ," NBER Working Papers 19808, National Bureau of Economic Research, Inc. (repec.org)
20181
  • Note: Aggregates for advanced economies, financial centres and emerging and developing countries are defined as in Lane, P. R. and Milesi-Ferretti, G.-M. (2018), "The External Wealth of Nations Revisited: International Financial Integration in the Aftermath of the Global Financial Crisis", IMF Economic Review, 66(1), 189-222. (europa.eu)
Aggregate2
  • The findings show that both the aggregate stock of economic migrants and new seasonal departures in migration are reduced for households in localities with high average road insecurity, so that reduction in accessibility of some destinations due to conflict is not fully offset by migration to alternative destinations. (parisschoolofeconomics.eu)
  • Shocks that affect the degree of efficiency of the financial system in allocating private savings to productive needs can have large effects on capital accumulation and aggregate activity. (federalreserve.gov)
Imbalances2
  • Against this backdrop, the performance of the Portuguese economy in the last two decades is often framed as a process of steady deterioration of price competitiveness and accumulation of imbalances, culminating in a severe recession and a regenerative adjustment programme (Chen et al. (cepr.org)
  • My analysis at quarterly frequencies suggests that the financial system is crucial in reconciling imbalances between the positive operating cash flows and capital expenditures. (federalreserve.gov)
Stagnation1
  • One is the Monopoly-Capitalism Stagnation thesis that perhaps is traceable to certain passages in Capital but really begins with Rosa Luxembourg and Paul Sweezy. (urpe.org)
Macroeconomics1
Evidence4
  • Human Capital Formation During the First Industrial Revolution: Evidence from the use of Steam Engines ," Journal of the European Economic Association , European Economic Association, vol. 18(2), pages 829-889. (repec.org)
  • Human Capital Formation during the First Industrial Revolution: Evidence from the Use of Steam Engines ," CAGE Online Working Paper Series 294, Competitive Advantage in the Global Economy (CAGE). (repec.org)
  • Human Capital Formation during the First Industrial Revolution: Evidence from the Use of Steam Engines ," CEPR Discussion Papers 12987, C.E.P.R. Discussion Papers. (repec.org)
  • Actual data, something which is often not enough in evidence in discussions about China. (nakedcapitalism.com)
Analyze1
  • They should be able to explain the contradictions between capital and care, analyze the labor market with a gender perspective and develop the ability to describe phenomena such as public policies taking into account "gender" as a category of analysis. (exploring-economics.org)
Dynamics3
  • Journal of Economic Dynamics and Control, forthcoming. (uni-muenchen.de)
  • Journal of Economic Dynamics and Control 31, 3644-3670. (uni-muenchen.de)
  • In this article we consider a long-term dynamics of technological progress, providing one of the options for measuring its rate throughout the entire historical process. (sociostudies.org)
Theory6
  • Journal of Economic Theory 136, 788-797. (uni-muenchen.de)
  • Journal of Economic Theory 132, 306-334. (uni-muenchen.de)
  • The dominant theory is a free-market version of neoclassical economic theory, associated with such names as Milton Friedman, Friedrich Hayek, and Ronald Coase. (urpe.org)
  • Shortly thereafter, however, WWII and the baby boom that followed discredited Hansen's theory, consigning it to little more than an economic footnote. (blogspot.com)
  • From Catastrophe to Chaos: A General Theory of Economic Discontinuities, Kluwer, 1991, p. 125. (angrybearblog.com)
  • As we speak of our intergenerational responsibility to preserve and protect, to be 'out in front' in seeing threats and being progressive in our politics of action focused on sustainability and quality of life, we know classic economic theory, the metrics of GDP/GNP and texts and terms looking backward are no guides to navigating the harsh eco-future headed our way. (greenpolicy360.net)
Chapter1
  • This chapter provides a snapshot of Thailand's competitive edge, with a focus on the four pillars targeted under the Thailand 4.0 vision: productivity, innovation, human resources and area-based development. (oecd-ilibrary.org)
Labour1
  • The labour market in the New Information Economy, Oxford Review of Economic Policy , 18(3), 288-305. (bristol.ac.uk)
Capitalism3
  • It seems to me that the radical tradition in understanding modern capitalism consists of two different, sometimes co-existent and sometimes antagonistic, interpretations of the "economic laws of motion" of our society. (urpe.org)
  • One reason for this success has been its economic organization, [which] has passed through six successive stages, of which at least four are called "capitalism. (ipbhost.com)
  • The stage of industrial capitalism soon gave rise to such an insatiable demand for heavy fixed capital, like railroad lines, steel mills, shipyards, and so on, that these investments could not be financed from the profits and private fortunes of individual proprietors. (ipbhost.com)
20021
  • In the run-up to introduction of the euro in 2002, perceptions about Portugal's economic prospects and investment risk changed, resulting in a substantial increase in private debt and a mild domestic demand-led boom. (cepr.org)
20201
  • The DEF seminar series 2022/2023 was organised in collaboration with the project "Individual Behaviour and Economic Performance: Methodological Challenges and Institutional Context" (IBEP) [ www.taltech.ee/en/ibep ], which has received funding from the European Union's Horizon 2020 Research and Innovation programme under Grant Agreement No 952574. (taltech.ee)
Shocks1
  • The second strand explores the interaction between economic shocks and individual values and attitudes. (uni-frankfurt.de)
Heterogeneity1
  • Human Capital, Heterogeneity and Estimated Degrees of Intergenerational Mobility. (uni-muenchen.de)
Marx1
  • Yeah, I know, Marx wrote three volumes on this, and in 2014 Piketty published in English a more than 700 page book on it that ended up on the bestseller list, although neither of these resolved the long-running debates about the nature of profit or of capital, which continue to swirl. (angrybearblog.com)
Productivity1
  • Hence, productivity changes in a region are influenced both by the investment of local firms in high quality capital goods and by the evolution of the specific skill distribution of workers employed in the region. (iab.de)
Physical1
  • In my model, entrepreneurs are endowed with random heterogeneous technologies to accumulate physical capital. (federalreserve.gov)
Production processes1
  • People teaching intro econ courses like to pound on wrongness of this popular view, ultimately falling back on the argument that capital is a "factor of production," which means that whatever it is one must be able to use it in actual production processes. (angrybearblog.com)
Convergence1
  • X "We study the role of different labor market integration policies on economic performance and convergence of two distinct regions in an agentbased model. (iab.de)
20231
  • Links, Calumet LU and Green, Erik LU ( 2023 ) In Lund Papers in Economic History. (lu.se)
Recession2
  • An economic recession occurred from the late 1830s to the early 1840s when the adoption of the Industrial Revolution's early innovations, such as mechanized spinning and weaving, slowed as their markets matured. (wikipedia.org)
  • While the drawbacks of atypical employment were blurred by the boom, its negative economic and social effects have become more salient with the recession, so that the need for a different type of labor market reform has become increasingly evident (International MonetaryFund 2010 , Box 3.1;Boeri 2011 ). (springeropen.com)
Series1
Journal8
European Economic Review1
  • European Economic Review, 37 (4). (lse.ac.uk)
Consumption1
  • The variation between rural and urban areas in SSA-and between SSA and the United States of America-reveals a negative relationship, and potentially, a trade-off between accumulation and consumption insurance. (repec.org)
History4
  • Schools without a law: Primary education in France from the Revolution to the Guizot Law ," Explorations in Economic History , Elsevier, vol. 79(C). (repec.org)
  • Economic historians agree that the onset of the Industrial Revolution is the most important event in human history since the domestication of animals and plants. (wikipedia.org)
  • Note: The below excerpts are taken from chapters 5, 9, 20, 65, and 77 of Tragedy and Hope, with a focus on Prof. Quigley's excellent discussion of the role of money and banking in world history. (ipbhost.com)
  • Zuvor war er Associate Professor for the History of Economic Governance am Department for Management, Philosophy and Politics an der Copenhagen Business School. (uni-frankfurt.de)
Neoliberal3
  • In practice the 'curse' and the 'disease' are outcomes of policy decisions, rather than manifestations of deep structural weaknesses, and they are more likely to be suffered in countries whose governments pursue neoliberal economic policies. (researchgate.net)
  • At the international level, neoliberal institutions include the new form of transnationalized production (spread across many countries) and the institutions that support free movement of goods, services, and capital globally (the WTO, IMF, World Bank). (urpe.org)
  • At the domestic level in the USA, neoliberal institutions include full domination of labor by capital, a shift in jobs from permanent to temporary/part time, very limited welfare services from the state, a shift in taxation from the rich and corporations to middle income groups, a hollowing out of the state as many public services are provided by private contractors, and the freeing of business (including finance) from government regulation. (urpe.org)
Liberalization1
  • The index finds that while the country has narrowed its income gap with the richer countries since the economic liberalization of the early 1990s, the health and education gap continues to widen. (blogspot.com)
Evolution2
  • In the 1970s, as the environmental movement, was putting down roots we look to an evolution in economic thoughts and economists outside the mainstream came into view again, names such as Thorstein Veblen and Joseph Schumpeter were featured at the Graduate Faculty of NY's New School. (greenpolicy360.net)
  • 4. Livemint has a nice graphic summary of the evolution of India's human development - education, health, and income - since 1870 using an index constructed by Prof Leandro Prados-de-la-Escosura. (blogspot.com)
Formation1
Interpretations1
  • Economic Interpretations of Intergenerational Correlations. (uni-muenchen.de)
Innovations1
  • These innovations included new steel-making processes, mass production, assembly lines, electrical grid systems, the large-scale manufacture of machine tools, and the use of increasingly advanced machinery in steam-powered factories. (wikipedia.org)
Protection of intellectual1
  • There are two main economic objectives for protection of intellectual property protection 6 . (ijalr.in)
Correlations1
  • Our paper relates to an active literature that documents intergenerational correlations in both risk preferences and asset allocations. (lu.se)
American Econom8
19931
  • We expand the model presented by Galor and Zeira (1993) to represent the fact that the economy benefits from endogenous technological progress and that the government provides financial aid to reduce the financial hurdles for human capital accumulation. (uni-muenchen.de)
National Bureau o1
Adjustment1
  • According to this view, the adjustment programme set in motion a domestic deflationary process that helped restore external competitiveness and, thus, improve economic performance. (cepr.org)
Development2
  • Finally, I show that human capital accumulation was higher in the schools provided with public grants, which influenced positively the subsequent development of municipalities. (repec.org)
  • Sources: IMF World Development Indicators, IMF World Economic Outlook and Haver Analytics. (europa.eu)
Periods1
  • Indeed, in these periods, official capital flows have repeatedly surpassed total private capital flows in the past two centuries. (exploring-economics.org)
Activity5
  • External scale economies are amplified by economic density and dissipate with distance from places where economic activity is concentrated. (sagepub.com)
  • Brookings Papers on Economic Activity , 1, 125-235. (bristol.ac.uk)
  • Brookings Papers on Economic Activity , 135-174. (bristol.ac.uk)
  • Brookings Papers on Economic Activity , 61-124. (bristol.ac.uk)
  • The world is coping with a global disaster, as the new Coronavirus takes a toll on many lost lives and a severe impact on economic activity. (exploring-economics.org)
Education4
  • Sibling Size and Investment in Children's Education: An Asian Instrument (IZA Discussion Paper No. 1323). (uni-muenchen.de)
  • Public investment in education is therefore a key determinant of knowledge accumulation in nineteenth-century France. (repec.org)
  • Non-formal education approaches for child laborers: an issue paper. (repec.org)
  • China's impressive health and education performance help laid the foundations for its subsequent economic achievements. (blogspot.com)
Transition1
  • The Industrial Revolution, also known as the First Industrial Revolution, was a period of global transition of human economy towards more efficient and stable manufacturing processes that succeeded the Agricultural Revolution, starting from Great Britain, continental Europe, and the United States, that occurred during the period from around 1760 to about 1820-1840. (wikipedia.org)
Review5
Gender1
Implications1
  • Globalization increases objective and subjective insecurities among a great many workers and producers … different faces of economic globalization can be expected to have different implications for risk. (paperanswers.com)
Consequences1
  • The economic consequences of deglobalisation are a growing concern for policymakers (Aiyar et al. (nakedcapitalism.com)