Unemployment and Income-Distribution Effects of Economic Growth: A Minimum-Wage Analysis with Optimal Saving

An increase in government consumption and investment spending raises the marginal productivity of capi- tal, which increases the growth rate, but an increase in the tax rate lowers

In general, our obtained results demonstrate that the conduction of tax reforms through a decrease in the wage tax and capital income tax and through an increase in

This research aims to analyze the influence of population growth rate, economic growth, human development index, income distribution, and unemployment rate toward

The reduced form shows that four terms affecting the growth of technology can be identified: (i) the domestic effect of human capital accumulation; (ii) a local contagious