Income Inequality, TFP, and Human Capital

作者: Tiago Neves Sequeira , Marcelo Santos , Alexandra Ferreira-Lopes

DOI: 10.1111/1475-4932.12316

关键词: Labour economicsTotal factor productivityOpenness to experienceEconomic inequalityIncome inequality metricsSocial inequalityHuman capitalInequalityEconomicsIncome distributionMacroeconomics

摘要: A fruitful recent theoretical literature has related human capital and technological development to income (and wage) inequality. However, empirical assessments on the relationship are relatively scarce. We relate capital, total factor productivity (TFP) openness inequality discover that, when countries assumed be heterogeneous dependent cross-sections, is most robust determinant of inequality, contributing increasing as predicted by theory. TFP turned out non-significantly These results a number robustness tests specifications data open up prospect research country-specific features conditioning effect technology trade [ABSTRACT FROM AUTHOR]

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