Inequality, Human Capital Formation and the Process of Development

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Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (732 download)

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Book Synopsis Inequality, Human Capital Formation and the Process of Development by : Oded Galor

Download or read book Inequality, Human Capital Formation and the Process of Development written by Oded Galor and published by . This book was released on 2011 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Conventional wisdom about the relationship between income distribution and economic development has been subjected to dramatic transformations in the past century. While classical economists advanced the hypothesis that inequality is beneficial for growth, the neoclassical paradigm dismissed the classical hypothesis and suggested that income distribution has limited role in the growth process. A metamorphosis in these perspectives has taken place in the past two decades. Theory and subsequent empirical evidence have demonstrated that income distribution has a significant impact on human capital formation and the development process. In early stages of industrialization, as physical capital accumulation was a prime engine of growth, inequality enhanced the process of development by channeling resources towards individuals whose marginal propensity to save is higher. In later stages of development, however, as human capital has become a main engine of growth, equality, in the presence of credit constraints, has stimulated human capital formation and growth. Moreover, unequal distribution of land has been a hurdle for economic development. While industrialists have had an incentive to support education policies that foster human capital formation, landowners, whose interests lay in the reduction of the mobility of their labor force, have favored policies that deprived the masses of education.

Inequality and Growth

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Publisher : MIT Press
ISBN 13 : 0262550644
Total Pages : 343 pages
Book Rating : 4.2/5 (625 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 2007-01-26 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across nations. The questions raised by these results include: What is the impact on inequality of policies designed to foster growth? Does inequality by itself facilitate or detract from economic growth, and does it amplify or diminish policy effectiveness? This book provides a forum for economists to examine the theoretical, empirical, and policy issues involved in the relationship between growth and inequality. The aim is to develop a framework for determining the role of public policy in enhancing both growth and equality. The diverse range of topics, examined in both developed and developing countries, includes natural resources, taxation, fertility, redistribution, technological change, transition, labor markets, and education. A theme common to all the essays is the importance of education in reducing inequality and increasing growth.

From Physical to Human Capital Accumulation

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Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.X/5 (6 download)

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Book Synopsis From Physical to Human Capital Accumulation by : Oded Galor

Download or read book From Physical to Human Capital Accumulation written by Oded Galor and published by . This book was released on 1999 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inequality and Economic Development

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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.

Regional Inequality in China

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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.

Links Between Growth, Inequality, and Poverty: A Survey

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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.

ECONOMIC INEQUALITY AND GROWTH A new look through Human Capital as you designed and shown

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Publisher : Blue Rose Publishers
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4./5 ( download)

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Book Synopsis ECONOMIC INEQUALITY AND GROWTH A new look through Human Capital as you designed and shown by : DR SANTANU RAY CHAUDHURI

Download or read book ECONOMIC INEQUALITY AND GROWTH A new look through Human Capital as you designed and shown written by DR SANTANU RAY CHAUDHURI and published by Blue Rose Publishers. This book was released on 2023-08-03 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book tries to portray the link between economic inequality and long-run growth via human capital and the major take of the book is to analyze the growth panorama through the lens of the ‘idea’ or ‘knowledge’ generation’ which is eventually considered as the ‘engine of growth’ being fueled by productivity enhancement through the innovations of new technologies. But this is not the end of the story as it involves enormous controversies. Simply the controversy started with the basic question --- why are some countries richer than other countries? To put it in another way, why growth is a miracle, why it is not driven homogeneously for economies, or whether the economies would converge or not? Another issue is predominantly crucial, that is, economic inequality in the process of economic expansion. In this context, the present book has given emphasis in explaining the selective growth theories starting from classical foundation to new growth theories including their inner implications in the passage of history of economic growth. In consequence, the vast landscape of theoretical contours about political philosophies and model analyses of economic growth including diverse generic versions of the said link between economic expansion and distribution are explained, and, the most important feature of the textbook is that the link is explored by focusing on a single factor, human capital. The prime emphasis of the present textbook is to look at the link between growth, inequality and human capital accumulation and their resultant outcomes in a new way as New Look by substantiating the issue through empirical analyses relating to the Indian States. The whole journey of the book consists of the political philosophy, models and empirics, the trio, without which the all-around venture of economic theories would become incomplete. For this reason, the whole perspective of empirical analysis is done to keep in mind the necessities of the learners such that they should not feel awkward with a set of data. It is, in that context, the empirical and structural issues are taken up to make the issues distinctively clearer with the presumption that the whole perspective would become, then, more delightful and easy to digest.

Inequality, Human-capital Formation, and Growth

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Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis Inequality, Human-capital Formation, and Growth by : Bert Richly Brinkenberg

Download or read book Inequality, Human-capital Formation, and Growth written by Bert Richly Brinkenberg and published by . This book was released on 2011 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

From Physical to Human Capital Accumulation

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Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.:/5 (819 download)

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Book Synopsis From Physical to Human Capital Accumulation by : O.Moav Galor (O)

Download or read book From Physical to Human Capital Accumulation written by O.Moav Galor (O) and published by . This book was released on 1999 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Human Capital Formation, Income Inequality & Growth

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (12 download)

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Book Synopsis Human Capital Formation, Income Inequality & Growth by :

Download or read book Human Capital Formation, Income Inequality & Growth written by and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Redistribution, Inequality, and Growth

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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.

Human Capital and Economic Growth

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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.

Human Capital Formation, Income Inequality and Growth

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Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (248 download)

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Book Synopsis Human Capital Formation, Income Inequality and Growth by : Jean-Marie Viaene

Download or read book Human Capital Formation, Income Inequality and Growth written by Jean-Marie Viaene and published by . This book was released on 2001 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Human Capital Policy

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Publisher : Edward Elgar Publishing
ISBN 13 : 1800377800
Total Pages : 288 pages
Book Rating : 4.8/5 (3 download)

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Book Synopsis Human Capital Policy by : David Neumark

Download or read book Human Capital Policy written by David Neumark and published by Edward Elgar Publishing. This book was released on 2021-02-26 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book evaluates international human capital policies, offering a comparative perspective on global efforts to generate new ideas and novel ways of thinking about human capital. Examining educational reforms, quality of education and links between education and socio-economic environments, chapters contrast Western experiences and perspectives with those of industrializing economies in Asia, focusing particularly on Korea and the USA.

Human Capital Formation for the Fourth Industrial Revolution

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Publisher : IGI Global
ISBN 13 : 152259812X
Total Pages : 385 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Human Capital Formation for the Fourth Industrial Revolution by : Atiku, Sulaiman Olusegun

Download or read book Human Capital Formation for the Fourth Industrial Revolution written by Atiku, Sulaiman Olusegun and published by IGI Global. This book was released on 2019-10-18 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in technological innovations, automation, and the latest developments in artificial intelligence (AI) have revolutionized the nature of work and created a demand for a new set of skills to navigate the Fourth Industrial Revolution (Industry 4.0). Therefore, it is necessary to equip displaced workers with a new set of skills that are essential for conversion into technical or other functional areas of business. Human Capital Formation for the Fourth Industrial Revolution is an essential research publication that recognizes the need to revitalize human capital formation for graduate employability in Industry 4.0 and discusses new skills and competencies needed to cope with the challenges present within this industrial revolution. The book seeks to provide a basis for curriculum design in line with the advances in technological innovations, automation, and artificial intelligence to enhance current and future employment. Featuring an array of topics such as curriculum design, emotional intelligence, and healthcare, this book is ideal for human resource managers, development specialists, training officers, teachers, universities, practitioners, academicians, researchers, managers, policymakers, and students.

From Physical to Human Capital Accumulation: Inequality in Yhe Process of Development

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Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (849 download)

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Book Synopsis From Physical to Human Capital Accumulation: Inequality in Yhe Process of Development by : Oded Galor

Download or read book From Physical to Human Capital Accumulation: Inequality in Yhe Process of Development written by Oded Galor and published by . This book was released on 1999 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Human Capital Accumulation, Education and Earnings Inequality

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Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Human Capital Accumulation, Education and Earnings Inequality by : Uwe Sunde

Download or read book Human Capital Accumulation, Education and Earnings Inequality written by Uwe Sunde and published by . This book was released on 2001 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: