The Role of Human Capital Accumulation in Determining Income Distribution PDF Download
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Author: Daniel Paul O'Neill
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 268
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Book Description
Author: Daniel Paul O'Neill
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 268
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Book Description
Author: Raquel Fernandez (Ph.D.)
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 26
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Book Description
The non-existence of credit markets implies that initial income is a determinant of who actually obtains an education. We consider the outcome of a process in which income is taxed to provide subsidies for education. and taxes are chosen by majority voting. We characterize the outcome as a function of both the level and the distribution of income in the economy. In particular we derive conditions under which middle income individuals ally themselves with upper income individuals at the expense of lower income individuals, and vice versa. The analysis determines the relationship between human capital accumulation and distribution of income.
Author: Gary Stanley Becker
Publisher:
ISBN:
Category : Income distribution
Languages : en
Pages : 84
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Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
ISBN: 1513547437
Category : Business & Economics
Languages : en
Pages : 39
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Book Description
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.
Author: Neri Salvadori
Publisher: Edward Elgar Publishing
ISBN: 9781781008218
Category : Business & Economics
Languages : en
Pages : 458
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Book Description
Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; the role on institutions.
Author: Ali Khan
Publisher: JAI Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Monograph essays examining the effects of human capital development on income distribution and economic and social development - discusses poverty measurement, the likely implications of economic growth, effects of guaranteed income on education and educational level, impact of inflation on welfare, etc., develops an economic model incorporating growth and education, and includes case studies. Graphs and references.
Author: Fatih Guvenen
Publisher: DIANE Publishing
ISBN: 1437934900
Category : Business & Economics
Languages : en
Pages : 57
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Book Description
Wage inequality has been significantly higher in the U.S. than in continental European countries since the 1970s. This report studies the role of labor income tax policies (LITP) for understanding these facts. Countries with more progressive LITP have significantly lower before-tax wage inequality at different points in time. Progressivity is also negatively correlated with the rise in wage inequality during this period. Wage inequality arises from differences across individuals in their ability to learn new skills as well as from idiosyncratic shocks. Progressive taxation compresses the (after-tax) wage structure, thereby distorting the incentives to accumulate human capital, in turn reducing the cross-sectional dispersion of (before-tax) wages. Illustrations. This is a print-on-demand publication; it is not an original.
Author: Uwe Sunde
Publisher:
ISBN:
Category :
Languages : en
Pages : 50
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Author: Koji Yamazaki
Publisher:
ISBN:
Category :
Languages : en
Pages : 334
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Author: Raquel Fernández
Publisher:
ISBN:
Category :
Languages : es
Pages : 26
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