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William Easterly
Researcher at New York University
Publications - 253
Citations - 51357
William Easterly is an academic researcher from New York University. The author has contributed to research in topics: Per capita income & Investment (macroeconomics). The author has an hindex of 93, co-authored 253 publications receiving 49657 citations. Previous affiliations of William Easterly include York University & Center for Global Development.
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Can Institutions Resolve Ethnic Conflict
TL;DR: For example, the authors found that ethnic diversity has a more adverse effect on economic policy and growth when a government's institutions are poor than when ethnic diversity is high, and that poor institutions have an even more negative effect on growth and policy when ethnic heterogeneity is high.
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Inequality Does Cause Underdevelopment
TL;DR: The authors found that high inequality is a large and statistically significant barrier to developing the mechanisms by which prosperity is achieved and that the conflicting results in the voluminous recent literature on inequality and growth are missing the big picture of inequality and long run economic development.
Posted Content
the middle class consensus and economic development
TL;DR: In this paper, the authors link the existence of a middle class consensus to exogenous country characteristics, such as resource endowments, along the lines of the provocative thesis of Engerman and Sokoloff (1997), that tropical commodity exporters are more unequal than other societies.
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It's Not Factor Accumulation: Stylized Facts and Growth Models
TL;DR: The authors argue that these facts do not support models with diminishing returns, constant returns to scale, some fixed factor of production, and that highlight the role of factor accumulation in economic growth.
ReportDOI
Policy, Technology Adoption, and Growth
William Easterly,Robert G. King,Robert G. King,Robert G. King,Ross Levine,Ross Levine,Sergio Rebelo,Sergio Rebelo,Sergio Rebelo +8 more
TL;DR: In this article, the authors describe a simple model of technology adoption which combines the two engines of growth emphasized in the recent growth literature: human capital accumulation and technological progress, and show that their model is compatible with various standard results on the effects of economic policy on the rate of growth.