Human Capital and Economic Growth

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Author :
Publisher : Springer Nature
ISBN 13 : 3030215997
Total Pages : 384 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Human Capital and Economic Growth by : Alberto Bucci

Download or read book Human Capital and Economic Growth written by Alberto Bucci and published by Springer Nature. This book was released on 2019-11-26 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection explores the links between human capital (both in the form of health and in the form of education), demographic change, and economic growth. Using empirical as well as theoretical perspectives, the authors investigate several important issues in the context of human capital, namely population ageing, inequality, public policy, and long-term economic development. Ultimately, they demonstrate that the accumulation of human capital is of crucial importance to long-run economic growth.

Inequality of Opportunity, Inequality of Income and Economic Growth

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484396987
Total Pages : 23 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Inequality of Opportunity, Inequality of Income and Economic Growth by : Mr.Shekhar Aiyar

Download or read book Inequality of Opportunity, Inequality of Income and Economic Growth written by Mr.Shekhar Aiyar and published by International Monetary Fund. This book was released on 2019-02-15 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects—for example by hindering human capital accumulation— thereby retarding future growth disproportionately. We use several recently developed internationally comparable measures of intergenerational mobility to confirm that the negative impact of income inequality on growth is higher the lower is intergenerational mobility. Our results suggest that omitting intergenerational mobility leads to misspecification, shedding light on why the empirical literature on income inequality and growth has been so inconclusive.

Inequality and Growth

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Author :
Publisher : MIT Press
ISBN 13 : 0262050692
Total Pages : 343 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Inequality and Growth by : Theo S. Eicher

Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2003 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays exploring the relationship between economic growth and inequality and the implications for policy makers.

Links Between Growth, Inequality, and Poverty: A Survey

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513572660
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Links Between Growth, Inequality, and Poverty: A Survey by : Ms. Valerie Cerra

Download or read book Links Between Growth, Inequality, and Poverty: A Survey written by Ms. Valerie Cerra and published by International Monetary Fund. This book was released on 2021-03-12 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.

Inequality Matters

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Author :
Publisher :
ISBN 13 : 9781565849952
Total Pages : 328 pages
Book Rating : 4.8/5 (499 download)

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Book Synopsis Inequality Matters by : James Lardner

Download or read book Inequality Matters written by James Lardner and published by . This book was released on 2005 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: A cautionary volume of essays by leading scholars and activists examines the pervasive consequences of economic inequality in America, drawing on current research to explore such issues as the causes and dimensions of inequality, the persistence of racial disparities, the erosion of democracy and community, and inequality as a moral and religious problem. 12,000 first printing.

Human Capital in History

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Author :
Publisher : University of Chicago Press
ISBN 13 : 022616389X
Total Pages : 419 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Human Capital in History by : Leah Platt Boustan

Download or read book Human Capital in History written by Leah Platt Boustan and published by University of Chicago Press. This book was released on 2014-11-05 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume honours the contributions Claudia Goldin has made to scholarship and teaching in economic history and labour economics. The chapters address some closely integrated issues: the role of human capital in the long-term development of the American economy, trends in fertility and marriage, and women's participation in economic change.

Inequality and Economic Development

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781847206763
Total Pages : 0 pages
Book Rating : 4.2/5 (67 download)

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Book Synopsis Inequality and Economic Development by : Oded Galor

Download or read book Inequality and Economic Development written by Oded Galor and published by Edward Elgar Publishing. This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyses the importance of inequality and development. This book explores human capital formation, gender inequality, landownership, ethical division and political transitions.

Infrastructure Financing In Asia

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Author :
Publisher : World Scientific
ISBN 13 : 9811215138
Total Pages : 407 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Infrastructure Financing In Asia by : Bambang Susantono

Download or read book Infrastructure Financing In Asia written by Bambang Susantono and published by World Scientific. This book was released on 2019-11-19 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: First, the book documents the evolution of Asia's infrastructure over the past half-century and reviews existing literature on the role of infrastructure investment in supporting growth and social development. It highlights the positive impact of mass transit investments on land and property values, and the possibility of taxing the increase in values to finance these investments. It then examines Asia's current practices and new solutions that can help meet the infrastructure gap. It discusses the role of institutions, how innovation can foster energy infrastructure investments, and the role of bond markets in infrastructure investments. The book explores ASEAN+3 efforts in developing local currency bond markets to provide long-term local financing for infrastructure investment while providing financial resilience. It also examines the use of green bonds to finance sustainable growth in Asia.

Causes and Consequences of Income Inequality

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 39 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Redistribution, Inequality, and Growth

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484397657
Total Pages : 30 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Redistribution, Inequality, and Growth by : Mr.Jonathan David Ostry

Download or read book Redistribution, Inequality, and Growth written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2014-02-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.

Inequality of Opportunity

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Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1780520344
Total Pages : 259 pages
Book Rating : 4.7/5 (85 download)

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Book Synopsis Inequality of Opportunity by : Juan Gabriel Rodríguez

Download or read book Inequality of Opportunity written by Juan Gabriel Rodríguez and published by Emerald Group Publishing. This book was released on 2011-10-12 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eight papers, both theoretical and applied, on the concept of equality of opportunity which says that a society should guarantee its members equal access to advantage regardless of their circumstances, while holding them responsible for turning that access into actual advantage by the application of effort.

Migration and Human Capital

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781847200846
Total Pages : 0 pages
Book Rating : 4.2/5 (8 download)

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Book Synopsis Migration and Human Capital by : Jacques Poot

Download or read book Migration and Human Capital written by Jacques Poot and published by Edward Elgar Publishing. This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the world, migration is an increasingly important and diverse component of population change, both at national and sub-national levels. Migration impacts on the distribution of knowledge and generates externalities and spillover effects. This book focuses on recent models and methods for analysing and forecasting migration, as well as on the basic trends, driving factors and institutional settings behind migration processes. Migration and Human Capital also looks at many current policy issues regarding migration, such as the creative class in metropolitan areas, the brain drain, regional diversity, population ageing, illegal immigration, ethnic networks and immigrant assimilation. With specific reference to Europe and North America, the book reviews and applies models of internal migration; analyses the spatial concentration of human capital; considers migration in a family context; and addresses the political economy of international migration. This book will be invaluable for researchers and policy makers in the fields of internal and international migration. It provides up-to-date readings for advanced courses that focus on migration and population change in a global context.

The Changing Wealth of Nations 2018

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464810478
Total Pages : 293 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis The Changing Wealth of Nations 2018 by : Glenn-Marie Lange

Download or read book The Changing Wealth of Nations 2018 written by Glenn-Marie Lange and published by World Bank Publications. This book was released on 2018-01-30 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their economic health and prospects for the future. Wealth accounts allow countries to take stock of their assets to monitor the sustainability of development, an urgent concern today for all countries. The Changing Wealth of Nations 2018: Building a Sustainable Future covers national wealth for 141 countries over 20 years (1995†“2014) as the sum of produced capital, 19 types of natural capital, net foreign assets, and human capital overall as well as by gender and type of employment. Great progress has been made in estimating wealth since the fi rst volume, Where Is the Wealth of Nations? Measuring Capital for the 21st Century, was published in 2006. New data substantially improve estimates of natural capital, and, for the fi rst time, human capital is measured by using household surveys to estimate lifetime earnings. The Changing Wealth of Nations 2018 begins with a review of global and regional trends in wealth over the past two decades and provides examples of how wealth accounts can be used for the analysis of development patterns. Several chapters discuss the new work on human capital and its application in development policy. The book then tackles elements of natural capital that are not yet fully incorporated in the wealth accounts: air pollution, marine fi sheries, and ecosystems. This book targets policy makers but will engage anyone committed to building a sustainable future for the planet.

Regional Inequality in China

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Author :
Publisher : Routledge
ISBN 13 : 1135972257
Total Pages : 273 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Regional Inequality in China by : Shenggen Fan

Download or read book Regional Inequality in China written by Shenggen Fan and published by Routledge. This book was released on 2009-04 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: As regional inequality looms large in the policy debate in China, this volume brings together a selection of papers from authors whose work has had real impact on policy, so that researchers and policy makers can have access to them in one place.

Equality and Efficiency REV

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Publisher : Brookings Institution Press
ISBN 13 : 0815726546
Total Pages : 171 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Equality and Efficiency REV by : Arthur M. Okun

Download or read book Equality and Efficiency REV written by Arthur M. Okun and published by Brookings Institution Press. This book was released on 2015-04-30 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of "economic philosophy," I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers

Does Corruption Affect Income Inequality and Poverty?

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451849842
Total Pages : 42 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Does Corruption Affect Income Inequality and Poverty? by : Mr.Sanjeev Gupta

Download or read book Does Corruption Affect Income Inequality and Poverty? written by Mr.Sanjeev Gupta and published by International Monetary Fund. This book was released on 1998-05-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic growth, the progressivity of the tax system, the level and effectiveness of social spending, and the formation of human capital, and by perpetuating an unequal distribution of asset ownership and unequal access to education. These findings hold for countries with different growth experiences, at different stages of development, and using various indices of corruption. An important implication of these results is that policies that reduce corruption will also lower income inequality and poverty.

Human Capital

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Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Human Capital by : Gary S. Becker

Download or read book Human Capital written by Gary S. Becker and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A diverse array of factors may influence both earnings and consumption; however, this work primarily focuses on the impact of investments in human capital upon an individual's potential earnings and psychic income. For this study, investments in human capital include such factors as educational level, on-the-job skills training, health care, migration, and consideration of issues regarding regional prices and income. Taking into account varying cultures and political regimes, the research indicates that economic earnings tend to be positively correlated to education and skill level. Additionally, studies indicate an inverse correlation between education and unemployment. Presents a theoretical overview of the types of human capital and the impact of investment in human capital on earnings and rates of return. Then utilizes empirical data and research to analyze the theoretical issues related to investment in human capital, specifically formal education. Considered are such issues as costs and returns of investments, and social and private gains of individuals. The research compares and contrasts these factors based upon both education and skill level. Areas of future research are identified, including further analysis of issues regarding social gains and differing levels of success across different regions and countries. (AKP).