Showing 1 - 10 of 41
In the growth literature, evidence on income convergence is mixed. In the development literature, health and education …
Persistent link: https://www.econbiz.de/10005248134
The paper presents numerical simulations of various fiscal rules for oil-producing countries. Welfare implications are sensitive to the choice of the social welfare function, initial conditions, and non-oil growth prospects. The distribution of non-oil wealth is important for countries with...
Persistent link: https://www.econbiz.de/10008528606
The paper provides a quantitative assessment of social returns to education in Italy. It shows that, after controlling for individual characteristics, local average human capital is positively correlated with individual wages, with estimated social returns between 2 and 3 percent. This result is...
Persistent link: https://www.econbiz.de/10005248310
heterogeneous agents in which altruistic parents make schooling decisions for their children. In the presence of fixed and variable …
Persistent link: https://www.econbiz.de/10005825657
No country has achieved sustained economic development without investment in education. Thus, education policy can play a vital role in facilitating development. But which types of schooling-secondary or tertiary-should public policy promote? This paper develops an analytical framework to...
Persistent link: https://www.econbiz.de/10005599470
Do the short and medium term adjustment costs associated with trade liberalization influence schooling and child labor decisions? We examine this question in the context of India's 1991 tariff reforms. Overall, in the 1990s, rural India experienced a dramatic increase in schooling and decline in...
Persistent link: https://www.econbiz.de/10005599670
This paper analyzes Central America's track record on inequality, poverty, and quality of fiscal adjustment in relation to economic growth; health and education outcomes; adequacy of social safety nets; and governance. It then assesses the degree to which the track record can be traced to...
Persistent link: https://www.econbiz.de/10005604957
of the level of development on education outcomes by constructing different efficiency frontiers for lower- and higher-income … economies. We find evidence of large potential gains in enrollment rates by improving efficiency. These are largest in lower-income … reducing income inequality (as measured by the Gini coefficient) could also help improve efficiency. …
Persistent link: https://www.econbiz.de/10011242208
correlates positively with income and exhibits large differences across space and time, our findings suggest that tradable and …
Persistent link: https://www.econbiz.de/10005248190
42 emerging economies for the period 1990 to 2004. The paper finds that macroeconomic factors such as income level, gross …
Persistent link: https://www.econbiz.de/10005263854