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Growth and Human Capital: A Network Approach

Cavalcanti, Tiago; Giannitsarou, Chryssi - C.E.P.R. Discussion Papers - 2015

We study the interactions and dynamics of human capital, growth and inequality by explicitly embedding networks into a standard endogenous growth model with overlapping generations. The human capital of a household depends on investment in education and on average human capital of the...

Persistent link: https://www.econbiz.de/10011201356

Firm Dynamics, Job Turnover, and Wage Distributions in an Open Economy

Cosar, Kerem; Guner, Nezih; Tybout, James R - C.E.P.R. Discussion Papers - 2013

This paper explores the combined effects of reductions in trade frictions, tariffs, and firing costs on firm dynamics, job turnover, and wage distributions. It uses establishment-level data from Colombia to estimate an open economy dynamic model that links trade to job flows in a new way. The...

Persistent link: https://www.econbiz.de/10011083293

Race v. Suffrage: The Determinants of Development in Mississippi

Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2011

-2000 period. Our main conclusion is that race, rather than political institutions and education policies, is the main force …

Persistent link: https://www.econbiz.de/10009321839

Slavery, Education, and Inequality

Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2010

We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...

Persistent link: https://www.econbiz.de/10008680759

De Jure and de Facto Determinants of Power: Evidence from Mississippi

Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2012

We evaluate the empirical relevance of de facto vs. de jure determinants of political power in the U.S. South between the end of the nineteenth and the beginning of the twentieth century. We apply a variety of estimation techniques to a previously unexploited dataset on voter registration by...

Persistent link: https://www.econbiz.de/10011084306

Institutions and the Historical Roots of Latin American Divergence

Bértola, Luis - C.E.P.R. Discussion Papers - 2010

excessively focused on original colonial institutions and their lasting effects, and for neglecting to some extent how these … institutions changed in relation to a profound transformation in international relations and technological environments, as …

Persistent link: https://www.econbiz.de/10008468602

Inequality and Institutions

Chong, Alberto; Gradstein, Mark - C.E.P.R. Discussion Papers - 2004

This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a model in which the two dynamically reinforce each other and set to test this relationship with a broad array of institutional measures. We establish the double causality between...

Persistent link: https://www.econbiz.de/10005124033

The Effects of Technical Change on Labour Market Inequalities

Hornstein, Andreas; Krusell, Per; Violante, Giovanni L - C.E.P.R. Discussion Papers - 2005

unemployment and an increased labour share of income, variables that remained stable in the US We hypothesize that these changes in …

Persistent link: https://www.econbiz.de/10005504683

Trade and Labor Market Outcomes

Helpman, Elhanan; Itskhoki, Oleg; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2011

This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market …. It implies that the opening of trade may raise inequality and unemployment, but always raises welfare. Unilateral … reductions in labor market frictions increase a country's welfare, can raise or reduce its unemployment rate, yet always hurt the …

Persistent link: https://www.econbiz.de/10008854515

Foreign Trade and Investment: Firm-Level Perspectives

Helpman, Elhanan - C.E.P.R. Discussion Papers - 2013

This Economica Coase Lecture reviews research that has revolutionized the field of international trade and foreign direct investment. It explains the motivation behind the development of new analytical frameworks, the nature of these frameworks, and the empirical studies that sprouted from them.

Persistent link: https://www.econbiz.de/10011083409