Inequality, mobility, and growth

National Accounting Review

Yu Murayama¹ 

[1] Faculty of Economics, Oita University, Oita-shi, Japan;

关键词: economic growth;    inequality;    intergenerational mobility;    skill-biased technological change;   

DOI  :  10.3934/NAR.2019.1.62

来源: DOAJ

【 摘 要 】

Many prior studies on inequality and growth have shown that inequality is harmful to growth. In contrast, employing an overlapping-generations model with missing capital markets, educational investment, and intergenerational mobility, this paper shows that inequality characterized by skill-biased technological change is good for growth.

【 授权许可】

Unknown