Today is the birthday of Simon Kuznets, who was awarded the 1971 Nobel Prize in Economic Sciences "for his empirically founded interpretation of economic growth." He passed away in 1985, but like many ...
Recent environmental news out of China has lent new momentum to the gloomy view of China’s environmental future amidst its headlong rush for economic growth. However, the gloom over China’s ...
Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...
Addis Ababa — Simons Kuznets, a well-known economist and Nobel Laureate who examined and explained the relationship between economic development and income distribution earlier, also tried to tackle ...
If you want to be remembered in economics, get yourself a curve. There’s the Lorenz curve, the Laffer curve, the Kuznets curve, and, probably most famous, the Phillips curve. Phillips was A.W.
This is a preview. Log in through your library . Abstract In a widely cited paper, Andreoni and Levinson (2001) argue that, under very mild restrictions on preferences, increasing returns to scale in ...
A curve used to demonstrate the hypothesis that economic growth initially leads to greater inequality, followed later by the reduction of inequality. The idea was first proposed by American economist ...