Income Distribution, Growth and Unemployment

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1802206019
Total Pages : 264 pages
Book Rating : 4.8/5 (22 download)

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Book Synopsis Income Distribution, Growth and Unemployment by : Ferri, Piero

Download or read book Income Distribution, Growth and Unemployment written by Ferri, Piero and published by Edward Elgar Publishing. This book was released on 2022-03-15 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Piero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.

The Economics of Artificial Intelligence

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Publisher : University of Chicago Press
ISBN 13 : 0226833127
Total Pages : 172 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis The Economics of Artificial Intelligence by : Ajay Agrawal

Download or read book The Economics of Artificial Intelligence written by Ajay Agrawal and published by University of Chicago Press. This book was released on 2024-03-05 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.

Technological Progress, Income Distribution, and Unemployment

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Author :
Publisher : Springer
ISBN 13 : 9811337268
Total Pages : 90 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Technological Progress, Income Distribution, and Unemployment by : Hideyuki Adachi

Download or read book Technological Progress, Income Distribution, and Unemployment written by Hideyuki Adachi and published by Springer. This book was released on 2019-01-04 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume develops original methods of analyzing biased technological progress in the theory and empirics of economic growth and income distribution. Motivated by sharp increases in wage and income inequalities in the world since the beginning of the new century, many macroeconomists have begun to realize the importance of biased technological changes. However, the comprehensive explanations have not yet appeared. This volume analyzes the effects of factor-biased technological progress on growth and income distribution and shows that long-run trends of the capital-income ratio and capital share of income consistent with Piketty’s 2014 empirical results emerge. Incorporating the modified version of induced innovation theory into the standard neoclassical growth model, it also explains the long-run fluctuations of growth and income distribution consistent with the data shown in Piketty. Introducing a wage-setting function, the neoclassical growth model is modified to account for unemployment as well as to examine the dynamics of unemployment and the labor share of income under biased technological progress. Applying a new econometric method to Japanese industrial data, the authors test the key assumptions employed and important results derived in the theoretical part of this book.

Income Distribution Growth and Employment

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Author :
Publisher :
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Income Distribution Growth and Employment by : Renato Balducci

Download or read book Income Distribution Growth and Employment written by Renato Balducci and published by . This book was released on 2002 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451841868
Total Pages : 27 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence by : Mr.Patrick Van Houdt

Download or read book Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in Oecd Countries? Some Empirical Evidence written by Mr.Patrick Van Houdt and published by International Monetary Fund. This book was released on 1997-01-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market policies affect unemployment which in turn affects inequality. The model also includes the effects of changes in per capita income on inequality through the accumulation of physical capital and technological know–how. When a resulting reduced–form relationship is estimated, its explanatory power is surprisingly high: on average, it explains about three quarters of the variation in inequality measures for the OECD countries, and Granger Causality tests confirm the model’s predictions.

Income Distribution and Optimal Growth

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Author :
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (167 download)

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Book Synopsis Income Distribution and Optimal Growth by : James L. McCabe

Download or read book Income Distribution and Optimal Growth written by James L. McCabe and published by . This book was released on 1972 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Poverty, Income Distribution and Growth

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Poverty, Income Distribution and Growth by : Rebecca M. Blank

Download or read book Poverty, Income Distribution and Growth written by Rebecca M. Blank and published by . This book was released on 1993 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Income Distribution and Optimal Growth: The Case of Open Unemployment

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Author :
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (956 download)

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Book Synopsis Income Distribution and Optimal Growth: The Case of Open Unemployment by : Milind M. Lele

Download or read book Income Distribution and Optimal Growth: The Case of Open Unemployment written by Milind M. Lele and published by . This book was released on 1976 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wages, Employment, Distribution and Growth

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Author :
Publisher : Springer
ISBN 13 : 0230371787
Total Pages : 286 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Wages, Employment, Distribution and Growth by : E. Hein

Download or read book Wages, Employment, Distribution and Growth written by E. Hein and published by Springer. This book was released on 2006-02-07 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume challenges the view that unemployment is exclusively determined by structural characteristics of the labour market and the social benefit system. Macroeconomic policies and investment in capital stock are included in the analysis and are shown to have a major role to play.

Back to Shared Prosperity: The Growing Inequality of Wealth and Income in America

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Author :
Publisher : Routledge
ISBN 13 : 1317476174
Total Pages : 848 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Back to Shared Prosperity: The Growing Inequality of Wealth and Income in America by : Ray Marshall

Download or read book Back to Shared Prosperity: The Growing Inequality of Wealth and Income in America written by Ray Marshall and published by Routledge. This book was released on 2015-05-20 with total page 848 pages. Available in PDF, EPUB and Kindle. Book excerpt: To what extent are major social and political problems caused by basic income and unemployment trends? Is it possible to restore the kind of broadly shared prosperity the U.S. once experienced before the early 1970s? Some of the top economists of our time address these critical questions.

Inflation and Income Distribution

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451850824
Total Pages : 30 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Inflation and Income Distribution by : Mr.Ales Bulir

Download or read book Inflation and Income Distribution written by Mr.Ales Bulir and published by International Monetary Fund. This book was released on 1995-08-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the effects of inflation and associated financial instability on income distribution. Using both pooled cross country and single country time series models, the level of inflation, inflation variability, and the variability of the nominal exchange rate are shown to impact negatively on overall income equality. Looking at disaggregate measures of income distribution, the issue as to whether inflation is a progressive or regressive tax is found to be negatively correlated with the level of development and the sophistication of the financial structure. The paper argues that these results point towards financial variables as a partial way of rectifying the generally poor explanatory power of both cross-country and time series models of income distribution.

Changing Patterns in the Distribution of Economic Welfare

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Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521562621
Total Pages : 416 pages
Book Rating : 4.5/5 (626 download)

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Book Synopsis Changing Patterns in the Distribution of Economic Welfare by : Peter Gottschalk

Download or read book Changing Patterns in the Distribution of Economic Welfare written by Peter Gottschalk and published by Cambridge University Press. This book was released on 1997-09-29 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1997 book examines the income distributional experience of fifteen developed economies - representing a wide range of social and economic strategies - over the past two decades. Experts from each of the countries have carefully documented the pattern of distributional change in individual earnings and household income in their countries and analysed the driving forces behind these changes. Separate chapters are devoted to the experiences of Australia, Canada, the Czech Republic, Finland, France, West and former East Germany, Greece, Hungary, Ireland, Israel, Japan, the Netherlands, Sweden, the United Kingdom and the United States. The authors examine the effects on the inequality of household income of the development of individual earnings, unemployment, inflation, public sector transfers and taxes, and demographic changes.

Unemployment, Capital-Labor Substitution, and Economic Growth

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451846304
Total Pages : 39 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Unemployment, Capital-Labor Substitution, and Economic Growth by : Mr.Bob Rowthorn

Download or read book Unemployment, Capital-Labor Substitution, and Economic Growth written by Mr.Bob Rowthorn and published by International Monetary Fund. This book was released on 1999-03-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the influence of economic growth on the equilibrium unemployment rate (NAIRU). It examines how income distribution and the NAIRU are influenced by capital formation, technical progress, and labor force expansion, and how these factors’ impact depends on the elasticity of substitution between capital and labor. The paper distinguishes between the short-run NAIRU when capital stock is exogenous, and the long-run NAIRU when it is endogenous. It also considers how the analysis must be modified to take into account Keynesian ideas concerning the role of aggregate demand. It concludes that unless the capital stock grows in line with labor supply in efficiency units, the short-run NAIRU will increase, reducing the scope for demand stimulation.

Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in OECD Countries? Some Empirical Evidence

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Author :
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in OECD Countries? Some Empirical Evidence by : Patrick Vanhoudt

Download or read book Do Labor Market Policies and Growth Fundamentals Matter for Income Inequality in OECD Countries? Some Empirical Evidence written by Patrick Vanhoudt and published by . This book was released on 2014 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Income distribution may be related to fundamentals affecting economic growth and to labor market policies. Noting that inequality is affected by unemployment. This paper presents a model in which labor market policies affect unemployment which in turn affects inequality. The model also includes the effects of changes in per capita income on inequality through the accumulation of physical capital and technological know-how. When a resulting reduced-form relationship is estimated, its explanatory power is surprisingly high: on average, it explains about three quarters of the variation in inequality measures for the OECD countries, and Granger Causality tests confirm the model`s predictions.

Innovation, Unemployment, and Policy in the Theories of Growth and Distribution

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781845428167
Total Pages : 344 pages
Book Rating : 4.4/5 (281 download)

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Book Synopsis Innovation, Unemployment, and Policy in the Theories of Growth and Distribution by : Neri Salvadori

Download or read book Innovation, Unemployment, and Policy in the Theories of Growth and Distribution written by Neri Salvadori and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will appeal to upper level students, scholars and researchers of economics and economic growth as well as those more specifically involved in labour, microeconomics and the history of economic thought.

The Economic Future of American Families

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Author :
Publisher : The Urban Insitute
ISBN 13 : 9780877664871
Total Pages : 162 pages
Book Rating : 4.6/5 (648 download)

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Book Synopsis The Economic Future of American Families by : Frank Levy

Download or read book The Economic Future of American Families written by Frank Levy and published by The Urban Insitute. This book was released on 1991 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the way families fared in the turbulent economy of the 1970s and 1980s, and a guess about the way today's younger families will manage the next few decades. According to Levy and Michel, each generation of workers is on its own "income track." Initially incomes are heavily influenced by the size of the age group, but later average incomes are influenced by growth in overall business productivity, changes in unemployment rates, average education levels and, for workers who do not go to college, the availability of manufacturing jobs. The authors estimated these relationships for past generations, and project income growth for baby-boom males who entered the labor force in the mid-1970s. They offer familiar remedies to spur productivity growth: raising average skill levels, and increasing personal savings. ISBN 0-87766-486-2: $31.50.

Handbook of Income Distribution

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Author :
Publisher : North Holland
ISBN 13 :
Total Pages : 938 pages
Book Rating : 4.:/5 (783 download)

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Book Synopsis Handbook of Income Distribution by : Anthony B. Atkinson

Download or read book Handbook of Income Distribution written by Anthony B. Atkinson and published by North Holland. This book was released on 2000-06-07 with total page 938 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distributional issues may not have always been among the main concerns of the economic profession. Today, in the beginning of the 2000s, the position is different. During the last quarter of a century, economic growth proved to be unsteady and rather slow on average. The situation of those at the bottom ceased to improve regularly as in the preceding fast growth and full-employment period. Europe has seen prolonged unemployment and there has been widening wage dispersion in a number of OECD countries. Rising affluence in rich countries coexists, in a number of such countries, with the persistence of poverty. As a consequence, it is difficult nowadays to think of an issue ranking high in the public economic debate without some strong explicit distributive implications. Monetary policy, fiscal policy, taxes, monetary or trade union, privatisation, price and competition regulation, the future of the Welfare State are all issues which are now often perceived as conflictual because of their strong redistributive content. Economists have responded quickly to the renewed general interest in distribution, and the contents of this Handbook are very different from those which would have been included had it been written ten or twenty years ago. It has now become common to have income distribution variables playing a pivotal role in economic models. The recent interest in the relationship between growth and distribution is a good example of this. The surge of political economy in the contemporary literature is also a route by which distribution is coming to re-occupy the place it deserves. Within economics itself, the development of models of imperfect information and informational asymmetries have not only provided a means of resolving the puzzle as to why identical workers get paid different amounts, but have also caused reconsideration of the efficiency of market outcomes. These models indicate that there may not necessarily be an efficiency/equity trade-off; it may be possible to make progress on both fronts. The introduction and subsequent 14 chapters of this Handbook cover in detail all these new developments, insisting at the same time on how they tie with the previous literature on income distribution. The overall perspective is intentionally broad. As with landscapes, adopting various points of view on a given issue may often be the only way of perceiving its essence or reality. Accordingly, income distribution issues in the various chapters of this volume are considered under their theoretical or their empirical side, under a normative or a positive angle, in connection with redistribution policy, in a micro or macro-economic context, in different institutional settings, at various point of space, in a historical or contemporaneous perspective. Specialized readers will go directly to the chapter dealing with the issue or using the approach they are interested in. For them, this Handbook will be a clear and sure reference. To more patient readers who will go through various chapters of this volume, this Handbook should provide the multi-faceted view that seems necessary for a deep understanding of most issues in the field of distribution. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes