distribution income show how national income divide between economic sectors and social groups. it effect on social justice and many factors effect on it, such as productivity of labor force and employment rate. in this paper, factors affecting distribution income, especially productivity of labor force have been analyzed by panel data model for 32 countries during 1998-2005. the results show e...

We analyze in this paper the growth and welfare consequences arising from the lack of auditing commitment in a credit market with costly state verification. Specifically, two endogenous growth models, of which one allows lenders to commit to costly auditing strategies to identify borrowers’ investment returns and the other does not, are compared. We show that the inability to commit acts as an ...

D evelopment of social and economic infrastructure in every region is of the basic requirements of economic growth. Infrastructure stimulates economic activity, enhance the productivity of private sector’s inputs, improve economic performance and thus sustainable economic development, enhancing the social welfare and better income distribution. Since the different kind of infrastruct...

Interim Reports on work of the International Institute for Applied Systems Analysis receive only limited review. Views or opinions expressed herein do not necessarily represent those of the Institute, its National Member Organizations, or other organizations supporting the work. Abstract This paper is a first step in trying to develop a modeling and simulation framework that allows to incorpora...

This paper analyses the effect of federalism on fertility and growth. In a model with human capital accumulation and endogenous fertility, two regimes of education finance are compared: central and local education. Using numerical simulation, I find that local education finance yields higher growth at the price of increased inequality. Aggregate fertility may be lower or higher under federalism...

Policy reform can remove obstacles to intergenerational social mobility and thereby promote equality of opportunities across individuals. Such reform will also enhance economic growth by allocating human resources to their best use. This chapter assesses recent crosscountry patterns in intergenerational social mobility and examines the role that public policies play in affecting mobility. Inter...

This paper demonstrates that the analysis of fiscal sustainability of social security must include the education funding dimension of public policy, which affects the productivity of future workers. This fact is true under both social security regimes: pay-as-you-go (PAYG) and fully funded (FF). We consider an OLG economy where the government, in addition to running social security, also funds ...