Inequality, human capital formation and the process of development.

Autor/in	Galor, Oded
Titel	Inequality, human capital formation and the process of development.
Quelle	Providence, RI: Brown Univ., Dep. of Economics (2011), 62 S., 376,52 KB PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2) Link als defekt meldenVerfügbarkeit
Reihe	Working paper / Brown University, Department of Economics. 2011, 7
Beigaben	grafische Darstellungen
Sprache	englisch
Dokumenttyp	online; Monographie; Graue Literatur
Schlagwörter	Entwicklungstheorie; Einkommensverteilung; Investition; Markt; Theorie; Wachstum; Kreditmarkt; Entwicklungstheorie; Bildungsinvestition; Bildungsinvestition; Einkommensverteilung; Investition; Kreditmarkt; Markt; Arbeitspapier; Theorie; Wachstum
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 economic development, the Neoclassical paradigm, which had subsequently dominated the field of macroeconomics, dismissed the Classical hypothesis and promoted the viewpoint that the study of income distribution has no importance for the understanding of macroeconomic activity and 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 the growth process.
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2011/4